Financial
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Govt launches GROW project in Agago district
AGAGO, May 21, 2024 – Government has launched the Generating Growth and Opportunities for Women Enterprises [GROW] project targeting to benefit about 200 women-led enterprises in Agago district. The State Minister for…
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Tourism is back to pre-pandemic levels, but challenges remain, study says
KAMPALA, May 21, 2024 – International tourist arrivals and the travel and tourism sector’s contribution to global gross domestic product [GDP] are expected to return to pre-pandemic levels this year, driven by…
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WFCU invites global movement to join flood relief efforts in Brazil
MADISON, Wis, May 20, 2024 – Worldwide Foundation for Credit Unions [ WFCU ], in partnership with World Council of Credit Unions [WOCCU], recently launched its Brazilian Flood Relief Fund to solicit donations…
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Kikuube security officials petition IGP over increasing theft of livestock
KIKUUBE, May 19, 2024 – Members of the Kikuube district security committee have petitioned the newly appointed Inspector General of Police [IGP], Abas Byagaba, seeking deployment of officers of the Police Anti-stock…
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Spiro agrees to US$50mln debt facility with Afreximbank to accelerate expansion
KIGALI, May 18, 2024 – Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for a US$ 50 million debt facility with the…
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House passes Shs72.136trn budget for FY 2024/2025
KAMPALA, May 17, 2024 – Parliament has passed the national budget for the financial year 2024/2025, approving a total expenditure of Shs 72.136 trillion following the passing of the Appropriations Bill 2024…
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Zimbabwe goes for Brazilian maize amid drought
HARARE, May 17, 2024 – The Grain Millers Association of Zimbabwe [GMAZ] has embarked on a crucial mission to Brazil to source maize grain in response to a catastrophic drought that has…
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MPs approve Shs 152bln for Hoima City stadium construction
KAMPALA, May 17, 2024 – Construction of Hoima City stadium is expected to start after Parliament approved the required Shs 152 billion which is part of the Shs 288.6bln supplementary budget. The…
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Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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Launch of global platform for coffee industry players to transform 40mln tonnes of biowaste into business
KAMPALA, May 16, 2024 -The global coffee industry generates nearly 40 million tonnes of biowaste each year – that’s about seven times the weight of the Great Pyramid of Giza. Instead of…
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