Development
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Court clears way for Shs40bln Makhan Singh Market redevelopment in Mbarara
MBARARA, May 9, 2026 — A court ruling has cleared the way for the redevelopment of the Makhan Singh Market in Mbarara City, ending years of legal disputes and paving the way…
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Women nominees make their mark at African Banker Awards
ABUJA, May 8, 2026 — African Banker magazine has announced a shortlist of 55 nominees for this year’s edition of its annual African Banker Awards. The winners will be announced during the…
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Financial stability risks mount as AI fuels cyberattacks
By Tobias Adrian, Tamas Gaidosch, Rangachary Ravikumar WASHINGTON DC., May 8, 2026 — Artificial intelligence [AI] is transforming how the financial system copes with vulnerabilities and reacts to incidents. Yet it is also amplifying…
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Public procurement is a strategic tool for delivering fast growth — PSST Ggoobi
KAMPALA, May 8, 2026 — The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has said Uganda’s transformation agenda under the Fourth National Development Plan [NDP IV] and the Tenfold Growth…
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EBRD launches inaugural €1 billion securitisation transaction
LONDON, May 8, 2026 –— The European Bank for Reconstruction and Development [ EBRD ] has successfully launched its inaugural significant risk transfer [SRT], marking a major milestone in the Bank’s efforts…
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New digital platform targets transparency gaps in Uganda’s coffee sector
KAMPALA, May 8, 2026 — In an effort to fully comply with the requirements of the European Union Deforestation Regulation [EUDR], the Uganda Coffee Farmers Alliance [UCFA] and the National Coffee Research…
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Africa seeks to boost coffee value chains through new regional investment platform
MARRAKECH, May 7, 2026 — African coffee-producing countries have renewed calls for greater investment in value addition and regional cooperation as stakeholders gathered in Morocco for the Regional Investment Platform for African…
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Hundreds expected as Gulu City prepares to host honey festival
GULU, May 7, 2026 — Gulu City is preparing to host its first-ever honey festival, expected to attract more than 200 beekeepers from the Acholi and Lango sub-regions. Robert Okodia, Chairperson of…
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Kitgum taxi cooperative begins process for permanent registration
KITGUM, May 7, 2026 — The Kitgum Taxi Owners and Drivers Cooperative Society Limited has begun the process of adopting new bylaws after reporting the loss of its original documents to police,…
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IGG vows to clear bottlenecks on Busega–Mpigi Expressway, ensure value for money
KAMPALA, May 6, 2026 — The Inspector General of Government [ IGG ] has pledged urgent action to remove bottlenecks hindering progress on the long-delayed Busega–Mpigi Expressway and to ensure value for…
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