Regions
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Kaserem SACCO collapses after years of poor leadership
KAPCHORWA, January 27, 2026 — Kaserem Savings and Credit Cooperative Organisation [SACCO], once one of the most powerful and trusted community financial institutions in Kapchorwa district, has collapsed after years of poor…
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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UNCCI unveils Shs 5.8 billion Chamber House plan
LIRA CITY, January 26, 2026 — The Uganda National Chamber of Commerce and Industry [UNCCI], Lira and Lango Chapter, has unveiled plans to construct a Shs5.8 billion state-of-the-art Chamber House, a landmark…
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Bishop urges Bunyoro residents to embrace coffee and cocoa farming
HOIMA, January 26, 2026 — The Bishop of Bunyoro Kitara Diocese, Rt. Rev. Jacob Ateirweho, has called on Christians and residents of the Bunyoro Sub-region to embrace coffee and cocoa farming as…
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FINCA commits over Shs 100mln to support flood-affected Kampala traders
KAMPALA, January 25, 2026 — FINCA Uganda has committed more than Shs100 million towards a relief initiative aimed at supporting traders whose businesses were severely affected by flash floods caused by heavy…
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Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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Nedbank moves to acquire 66 percent stake in NCBA Group
KAMPALA, January 24, 2026 — NCBA Group PLC [NCBA] has announced that it has received a Strategic Investment Proposal and a Notice of Intention [NOI] from Nedbank Group Limited to acquire approximately…
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ISO seeks extra Shs 218bln to enhance intelligence, monitor PDM funds
KAMPALA, January 24, 2026 — The Internal Security Organisation [ ISO ] has asked Parliament for an additional Shs 218 billion in the 2026/27 financial year [FY] to strengthen intelligence collection and…
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Afreximbank terminates its credit rating relationship with Fitch Ratigs
KAMPALA, January 24, 2026 — African Export-Import Bank [ Afreximbank ] has today officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its…
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IMF warns of rising fiscal risks in Uganda
KAMPALA, January 24, 2026 — The International Monetary Fund [ IMF ] has painted a cautiously optimistic picture of Uganda’s economic outlook while warning that growing fiscal pressures and debt vulnerabilities could…
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