News
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Uganda secures Shs 468bln loan from IMF
KAMPALA, March 7, 2024: The Executive Board of the International Monetary Fund [ IMF ] yesterday concluded the fifth review of Uganda’s Extended Credit Facility [ECF] Arrangement, enabling the immediate disbursement of…
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Standard Chartered celebrates International Women’s Day with 50 girls to inspire inclusion
KAMPALA, March 6, 2024 – Standard Chartered Bank Uganda and BRAC have celebrated International Women’s Day with 50 girls whom they have been supporting as part of the Goal Girls Programme. The…
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Global coffee exports up 38 percent in January 2024
KAMPALA, March 6, 2024 – Global green bean exports in January 2024 totalled 11.55 million bags, as compared with 8.51mln bags in the same month of the previous year, up 35.8 percent,…
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Parliament to consider bill on human assisted reproductive technology
KAMPALA, March 6, 2024 – Tororo District Woman Member of Parliament, Sarah Opendi, has introduced a private members’ bill seeking to regulate the human assisted reproductive technology [ART] following the increase in…
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DRC: AfDB to lend over US$110mln to support agricultural transformation
ABIDJAN – Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group [AfDB] approved a loan of US$ 117.9 million to the Democratic Republic of…
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Teso and Karamoja sub-regions expected to receive above-normal rainfall
TESO, March 6, 2024 – The latest rainfall outlook for March-May 2024, released by the Uganda National Metrological Authority [UNMA] shows that Central-eastern and North-eastern regions could receive above-normal rainfall this year…
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MADFA SACCO starts pre- AGMs in Bunyoro Sub-region
MASINDI, March 6, 2024 – Masindi District Farmers Association Savings and Credit Cooperative Organisation [MADFA SACCO] yesterday started holding pre-Annual General Meetings [pre-AGMs] in different districts in Bunyoro ahead of the main…
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Kenyan SACCOs struggling to recover loans, says regulator
NAIROBI, March 5, 2024 – Savings and Credit Co-operative Organisations [SACCOs] in Kenya are owed Ksh 2.7 billion by various government agencies and private companies that approached the financial cooperatives for the…
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