Simon Kabayo
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News
Uganda secures Shs 108.5bln for reducing deforestation and lowering carbon emissions
KAMPALA, November 1, 2025 — The Green Climate Fund [GCF] has approved a US$ 31 million [approximately Shs 108.5 billion] results-based payment for Uganda in recognition of the country’s measurable success in…
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News
Finance ministry seeks parliament’s approval to waive Shs 1.3bn UCA tax arrears
KAMPALA, October 31, 2025 — The Ministry of Finance, Planning and Economic Development [MOFPED] has requested Parliament’s approval to waive tax arrears amounting to Shs 1,313,376,467 owed by the Uganda Cooperative Alliance…
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News
Uganda’s coffee exports surge 59 percent in September 2025
KAMPALA, October 30, 2025 — Uganda’s coffee exports recorded an impressive 59 percent year-on-year increase in September, driven by a robust crop yield, according to the Ministry of Agriculture, Animal Industry and…
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News
House approves Shs 781bln loan for Busega-Mpigi Expressway project
KAMPALA, October 29, 2025 — The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million [approximately Shs781billion] from the African Development Bank and Euros 28.31…
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News
Bank of Uganda report hails national economy amid global uncertainty
KAMPALA, October 25, 2025 — Uganda’s economy has continued to display strong resilience and stability despite a complex and evolving global environment marked by geopolitical tensions, commodity price swings and tight financial…
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News
Pearl Bank’s Wendi and Stanbic Bank’s FlexiPay, integrate to drive digital financial inclusion
KAMPALA, October 24, 2025 — Through a partnership that signals collaboration over competition, Pearl Bank Uganda [formerly PostBank Uganda], and Stanbic Bank Uganda have announced the integration of their digital wallets [Wendi,…
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News
Uganda’s coffee prices hold steady despite global market surges
KAMPALA, October 21, 2025 — Uganda’s coffee sector has shown optimistic performance as global Arabica prices surged while the country’s premium Bugisu AA grade held steady. This is according to the latest…
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Cooperatives & Communities
Uganda secures US$ 2bln in concessional funding from World Bank
KAMPALA, October 20, 2025 — Uganda has successfully concluded participation in the 2025 Annual Meetings of the International Monetary Fund [IMF] and the World Bank in Washington D.C., securing a significant financial…
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