Organisations
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AfDB approves over US$ 196mln loan to modernise railway infrastructure in Namibia
KAMPALA, November 3, 2023 – The African Development Bank Group [AfDB] has approved a loan of US$ 196.43 million for Namibia to implement the second phase of its Transport Infrastructure Improvement Project…
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Tea farmers in Bushenyi decry low prices, call for tax holiday
BUSHENYI, October 2, 2023 – Tea farmers in Bushenyi district have petitioned the government to grant them a tax holiday to recover from the losses arising out of low prices. In a…
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COMESA sees 15 percent rise in global trade
KAMPALA, November 1, 2023 – COMESA’s trade globally and within the region has recorded a significant increase with the total exports to the world gaining by 15 percent from US$ 179 billion…
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War: Israeli and Palestinian cooperators in need of financial help
BRUSSELS, October 31, 2023 – Cooperators who have been affected by the ongoing war between Israel and Hamas are appealing for financial support, according to the global apex body for cooperatives, the…
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World Bank: Conflict in Middle East could bring ‘dual shock’ to global commodity markets
WASHINGTON, October 30, 2023 – Although the global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock, an escalation of the…
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AfDB launches capacity building initiative to enhance trade in East Africa
ARUSHA, October 30, 2023 – The African Development Bank [AfDB] is partnering with the East African Community [EAC] Secretariat and the United Nations Conference on Trade and Development [UNCTD] to launch a…
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Museveni directs reinstatement of PS Ssali as trade ministry’s Accounting Officer
KAMPALA, October 27, 2023 – The Permanent Secretary in the Ministry of Trade, Industry and Cooperatives [MTIC], Geraldine Ssali Busuulwa has been reinstated as the Accounting Officer of that ministry, almost a…
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Uganda on track to produce first oil by 2025
KAMPALA, October 26, 2023 – The Government of Uganda is on track to ensure that the first drop of oil is produced by the end of 2025, according to Ruth Nankabirwa Ssentamu,…
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Experts form economic forum to give voice to over three million cooperatives across globe
NEW DELHI, October 26, 2023 – Leading cooperative sector experts have come together to form the World Cooperative Economic Forum [WCopEF] to give voice to over three million cooperatives spread across the…
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Stanbic Bank boosts maternal health in Rwenzori
FORT PORTAL, October 24, 2023 – Rwenzori Sub-region now stands a better chance to handle maternal health. This is after Stanbic Bank Uganda donated some equipment to Fort Portal Referral Hospital. According…
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