News
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Legislators want govt to give tourism sector Shs 4bln for image promotion
KAMPALA, April 12, 2024 – Uganda’s tourism sector is one of the significant sectors with the potential to generate more revenue if adequately funded and marketed, Members of Parliament have re-echoed. The…
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MPs rally behind agriculture ministry despite budget cuts for FY 2024/2025
KAMPALA, April 12, 2024 – The Speaker of Parliament, Anita Among, has urged the Budget Committee to give special importance to Uganda’s agriculture sector as it is the backbone of the country.…
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Govt official wants dairy cooperatives in Bunyoro supported with value addition plant
MASINDI, April 12, 2024 – Annet Kyomuhendo, the Midwestern Regional Manager for the Dairy Development Authority [DDA], has asked government to establish a modern processing plant for dairy cooperatives in Bunyoro Sub-region,…
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Sluggish growth delaying economic recovery in emerging Europe and Central Asia
WASHINGTON, April 12, 2024 – Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary policy, slowdown…
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Oikocredit’s new partnership with Patagonian Fruits supports Argentina’s fruit sector
AMERSFOORT, April 11, 2024 – Social impact investor Oikocredit is providing € 6 million in long-term financing to Patagonian Fruits in Argentina to support fruit purchases from farmers, boost production, invest in protective netting…
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Soroti farmers reaping big from irrigation scheme
SOROTI, April 11, 2024 – Tomato farmers in Alere village, Katine Sub-county in Soroti district who are benefiting from Alere Small Scale Irrigation Scheme are reaping big from growing tomatoes and other…
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Lawmakers question income tax exemption for Bujagali Energy Limited
KAMPALA, April 11, 202 – Members of Parliament have questioned a proposal by the Ministry of Finance, Planning and Economic Development [MoFPED] to give Bujagali Energy Limited, a company that runs Bujagali…
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MPs punch holes into trade ministry report
KAMPALA, April 11, 2024– Members of the Committee on Public Service and Local Government have punched holes into a report from the Ministry of Trade, Industry and Cooperatives. Chaired by Martin Ojara…
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Kwania cooperative to construct Shs 100mln warehouse
KWANIA, April 9, 2024 – Leaders of Inomo Farmers’ Agro Processors Cooperative Society Limited in Kwania district have received a sum of Shs 104 million for the construction of a new warehouse.…
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African economies to grow by 3.4 percent in 2024-report
KAMPALA, April 9, 2024 – Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt…
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