Sectors
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Banking sector remains resilient despite weak economic growth
KAMPALA, October 17, 2023 – The Ugandan banking sector remained resilient despite weak economic growth prospects, heightened inflation, and elevated geopolitical tensions, says the Bank of Uganda [BoU] in its Annual Report…
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Cooperative identity consultation: Global thinkers to discuss equity and inclusion
BRUSSELS, October 17, 2023 – The International Cooperative Alliance [ICA] and cooperators from around the globe will on Thursday attend a virtual event that will discuss equity and inclusion in the context…
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FAO donates livestock vaccines to Karamoja and Elgon regions
Kampala, October 16, 2023 –The Food and Agriculture Organisation of the United Nations [ FAO ] recently donated an assortment of livestock vaccines worth US$1 million to the Ministry of Agriculture, Animal…
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Soldiers irked as spouses miss PDM money
GULU, October 16, 2023 – Wives to the soldiers of Uganda People’s Defence Forces [UPDF] Fourth Division Infantry Barracks in Gulu City have missed out on the first disbursement of the Parish…
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EAC-EU develop joint roadmap to foster digital transformation in East Africa
ARUSHA, October 13, 2023 – The East African Community [EAC] and the European Union [EU] days ago agreed to foster a human-centric digital transformation in East Africa to utilise digital technologies and…
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Walmart to build US$ 350mln milk processing plant in Southern Georgia
NEW YORK, October 13, 2023 – America’s largest retail store has announced its plans to build a $350 million milk processing plant in Valdosta, Ga. With more than 4,600 stores located throughout…
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Hope as Apac fishermen officially launch SACCO
APAC, October 13, 2023 – A section of fishermen in Ibuje Sub-county in Apac district have officially launched its SACCO with the hope that it will help boost their savings and credit…
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PDM SACCO leaders dismissed over alleged corruption
KWANIA, October 12, 2023 – Kwania district LCV chairman, Geoffrey Alex Ogwal Adyebo has ordered for immediate replacement Kizito Ocen, the chairperson of Banya PDM SACCO, and the general secretary, Jimmy Okori following…
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Rainwater Harvesting and Storage Bill in the offing
KAMPALA, October 12, 2023 – Parliament has granted Tororo Municipality Member of Parliament Apollo Ofwono Yeri leave to introduce a Private Member’s Bill entitled, “The Rainwater (Harvesting and Storage] Bill”. The MP…
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Absa Africa Financial Markets Index 2023 reveals continued progress in developing African financial markets
LONDON, October 12, 2023 – The 2023 Absa Africa Financial Markets Index [AFMI] reveals there has been continued progress in developing financial markets across Africa in the past year, with many of…
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