Development
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Kasese farmers harness climate-smart technology to enhance agriculture
KASESE, October 31, 2024 — Farmers in Kasese are reaping the benefits of climate-smart technology designed to mitigate the impacts of climate change, boost agricultural productivity, and enhance overall efficiency. The Association…
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Museveni urges MCs to be ambassadors of wealth creation
IGANGA, October 31, 2024 — President Yoweri Kaguta Museveni has called on Masters of Ceremonies [ MCs ] in Busoga to become ambassadors of wealth creation in the subregion, emphasising their role…
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Hershey signs agreement with cocoa cooperatives aimed at improving farmer income and farm resiliency
HERSHEY, Pa., October 31, 2024 — Hershey has announced a five-year agreement with nine cocoa-producing cooperatives in Côte d’Ivoire. The move is part of its “Cocoa For Good” strategy, a 10-year, US$…
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World Bank’s Shs 4bln satellite lab in Lira City nears completion
LIRA CITY, October 31, 2024 — The World Bank-funded satellite laboratory project at Lira Regional Referral Hospital, valued at Shs 3.9 billion, is nearing completion. Launched in 2023 as part of the…
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Stanbic Bank cuts interest rate to 19.50 percent
KAMPALA, October 30, 2024 — Uganda’s largest bank by assets, Stanbic Bank, has reduced its local currency prime lending rate [PLR] to 19.50 percent from 19.75 percent, effective December 1, 2024. This…
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UTB to crack down on unlicensed accommodation facilities
KAMPALA, October 29, 2024 — Following a notice issued earlier this month about the impending closure of unlicensed accommodation facilities next month the Uganda Tourism Board [UTB] has launched an enforcement initiative to…
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South Africa: Cabinet approves funding policy for small businesses and cooperatives
JOHANNESBURG, October 29, 2024 — The South African Cabinet recently approved the final funding policy for micro, small and medium enterprises [MSMEs] and cooperatives, for implementation. This was revealed by the Minister…
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Investment conference to strengthen local governments participation in intra-African trade set to be held in Kenya
CAIRO, October 29, 2024 — In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade…
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Museveni castigates NAADS, UCDA as he lauds Operation Wealth Creation in statement
KAMPALA, October 29, 2024 — On October 27, 2024, President Museveni gave more reasons why UCDA should be abolished, having made another statement on the same a day earlier. In the latest…
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