Financial
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Museveni urges Karamoja to embrace wealth creation through skills and modernisation
NAPAK, December 6, 2024: President Yoweri Kaguta Museveni has advised the people of Karamoja to adopt commercial agriculture, industrialisation, and other sectors of the economy to uplift themselves from poverty and create…
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Certification delays at UNBS stifling businesses – MPs
KAMPALA, December 5, 2024: Parliament is calling for increased funding to the Uganda National Bureau of Standards [ UNBS ] following reports of delays in certification and laxity in enforcement of standards.…
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NGOs condemn deforestation law delay as EU reaches agreement
BRUSSELS, December 6, 2024 – The European Parliament has reached a provisional agreement to postpone the European Deforestation Regulation [EUDR] by one year to ensure proper implementation amid strong opposition from countries…
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Fort Portal, Kabarole authorities intensify fight against HIV/AIDS among girls
FORT PORTAL, December 5, 2024 — Authorities in Fort Portal City and Kabarole district have intensified efforts in the battle against HIV/AIDS, with a particular focus on reducing its spread among young…
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To comply with new EU rules, coffee framers should grow native tree species
KAMPALA, December 5, 2024 — Indigenous trees are native to a particular region or ecosystem and have over time adapted to the local climate and soil conditions. Uganda has more than 800…
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Gov’t builds Shs 2bln secondary school in Masindi district
MASINDI, December 5, 2024: In an effort to enhance access to secondary education, Masindi District Local Government has initiated the construction of a Shs 2 billion seed secondary school in Labongo Sub-county.…
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Global tourism set for full recovery by end of the year with spending growing faster than arrivals
MADRID, December 4, 2024 — Around 1.1 billion tourists travelled internationally in the first nine months of 2024, as the global tourism sector recovered 98 percent of pre-pandemic levels. According to the…
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Gov’t urged to revive railway network in Teso Subregion
SOROTI CITY, December 4, 2024 – The Teso Paramount Chief, Paul Sande Emolot, has urged the Ugandan government to consider re-establishing a railway connection in the subregion, stating that it would significantly…
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AfDB approves US$ 170mln for Egypt’s largest wind energy project
ABIDJAN, December 4, 2024 — The Board of Directors of the African Development Bank [AfDB ] has approved a loan of up to US$ 170 million to support the development of the…
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AfDB grants US$ 75mln loan to strengthen skills in prevention and treatment of cardiovascular diseases in Tanzania
DODOMA, December 3, 2024 — The Board of Directors of the African Development Bank approved a loan of US$ 75 million to Tanzania to fund the second stage of the Centre of…
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