Financial
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Land Squeeze: Soaring land prices, grabs and carbon schemes threaten food production, experts warn
KAMPALA, May 24, 2024 – Soaring land prices, land grabs, and carbon schemes create an unprecedented ‘land squeeze’, threatening farmers and food production. This reveals a comprehensive new report by the International…
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Coffee importers speed up shipments before EU deforestation law, says ICO
LONDON, May 24, 2024 – Coffee importers have increased the pace of shipments recently, seeking to escape problems after December when the European Union’s Regulation on Deforestation Free Products [EUDR] enters into…
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Govt secures over Shs 1.5bln for completion of Amelo Technical Institute
ADJUMANI May 23, 2024 – Government has secured additional funding worth over Shs 1.5 billion from the Saudi Fund for Development [SFD] for the completion of the Amelo Technical Institute in Adjumani…
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Global carbon pricing revenues top a record US$ 100bln
WASHINGTON, May 23, 2024 — In 2023, carbon pricing revenues reached a record US$ 104 billion, according to the World Bank’s annual “State and Trends of Carbon Pricing 2024” report released today.…
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Coffee might have protective effects against Parkinson’s disease, says new research
LONDON, May 23, 204 – New research has established that coffee consumers have a lower risk of developing Parkinson’s disease compared to individuals not drinking coffee. This study, published in Neurology, was…
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Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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Seven arrested over extorting money from PDM beneficiaries
KAPELEBYONG, May 22, 2024 – Seven board members of Amotom- Okungur PDM SACCO in Kapelebyong district have been arrested over the extortion money from the programme’s beneficiaries. According to the Resident District…
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UPDF burns illegal fishing gear on Lake Albert
KIKUUBE, May 22, 2024 – The Uganda People’s Defence Forces’ Fisheries Protection Unit [FPU] guarding Lake Albert has burned illegal fishing gear worth Shs 265 million. The equipment destroyed belonged to fishermen…
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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Cocoa regulator in Ivory Coast puts halt to coops hoarding beans for sale at higher prices
ABIDJAN, May 21, 2024 – The Coffee and Cocoa Council [CCC] of Cote d’Ivoire has temporarily halted the operations of about 40 cooperatives suspected of unlawfully stockpiling cocoa beans to sell them…
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