Development
-
WTO Agreement on Fisheries Subsidies enters into force
KAMPALA, September 20, 2025 — At a special General Council meeting held on September 15, 2025, World Trade Organisation [WTO] members celebrated the entry into force of the WTO Agreement on Fisheries…
Read More » -
Private sector credit contracts slightly as lending rates edge up – economic report
KAMPALA, September 20, 2025 – Uganda’s private sector credit stock experienced a slight contraction in July 2025, according to the latest Performance of the Economy Monthly Report released by the Ministry of…
Read More » -
World Bank Group Successfully Closes Inaugural Securitisation Transaction, Marking Pivotal Step in Private Sector Mobilisation Effort
KAMPALA, September 19, 2025 — The World Bank Group, through its private sector arm, the International Finance Corporation, has closed its inaugural securitisation transaction; successfully launching a new model to attract institutional…
Read More » -
Second Cooperative Bank in Uganda in the pipeline after closure of first one
KAMPALA, September 19, 2025 –Ugandan cooperators have they will in the near future have a fully-fledged Cooperative Bank established after yesterday’s launch of the National Cooperative Savings and Credit Society Limited [NCSCSL]…
Read More » -
Draft National Drugs Bill Presented to Parliament’s Health Committee
KAMPALA, September 19, 2025 – The Minister of Health, Dr Jane Ruth Aceng, has presented the National Drug and Health Products Authority Bill, 2025 to the Parliamentary Committee on Health, paving the…
Read More » -
Over 40mln people threatened by acute hunger in Eastern Africa
KAMPALA, September 19, 2025 – At least 42 million people face high levels of acute food insecurity this year across six IGAD member states [Djibouti, Kenya, Somalia, South Sudan, the Sudan and…
Read More » -
8,000 teenage mothers to be equipped with vocational skills
LIRA, September 19, 2025 — The National Women’s Council [NWC] has launched a nationwide initiative aimed at equipping a total of 8,000 teenage mothers and school dropouts with vocational skills, in a…
Read More » -
KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone
NAIROBI, September 19, 2025 — KCB Group, and the African Export-Import Bank Afreximbank have entered a Memorandum of Understanding [MoU] aimed at providing financial and trade facilitation support to investors operating in…
Read More » -
Okoro Coffee Growers Cooperative Union to spend over Shs 2.56bln in FY 2025/2026
ZOMBO, September 18, 2025 – Members of the Okoro Coffee Growers Cooperative Union [OCGCU] in Zombo district have approved a budget of Shs 2,563,200,000 for operations in the 2025/2026 financial year. The…
Read More »