Financial
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Sluggish growth delaying economic recovery in emerging Europe and Central Asia
WASHINGTON, April 12, 2024 – Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary policy, slowdown…
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Lawmakers question income tax exemption for Bujagali Energy Limited
KAMPALA, April 11, 202 – Members of Parliament have questioned a proposal by the Ministry of Finance, Planning and Economic Development [MoFPED] to give Bujagali Energy Limited, a company that runs Bujagali…
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Kwania cooperative to construct Shs 100mln warehouse
KWANIA, April 9, 2024 – Leaders of Inomo Farmers’ Agro Processors Cooperative Society Limited in Kwania district have received a sum of Shs 104 million for the construction of a new warehouse.…
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African economies to grow by 3.4 percent in 2024-report
KAMPALA, April 9, 2024 – Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt…
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Emergency care to be enhanced in Western Uganda
MBARARA CITY, April 6, 2024 – Seed Global Health Uganda in partnership with the Ministry of Health has pledged to continue working with Mbarara University of Science and Technology [MUST] and Mbarara…
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Nandala gets another term as BCU Chairman
MBALE, April 5, 2024 – The Forum for Democratic Change [FDC] Secretary General, Nathan Nandala Mafabi, has been re-elected unopposed as the Chairperson of Bugisu Cooperative Union [BCU] for another term. Nandala,…
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MPs demand timely compensation of war claimants
KAMPALA, April 3, 2024 – Members of Parliament have put government to task over failure to compensate Ugandans affected by conflict and war in Uganda. Jonathan Ebwalu, Soroti West Division legislator alluded…
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Masindi district to prioritise household income enhancement in FY 2024/25
MASINDI, April 3, 2024 – Masindi District Local Government intends to prioritise enhancing household income, increasing agricultural production, and community participation in government programmes in the financial year 2024/2025. This was said…
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Tayebwa hails BoU decision to keep Anne Juuko as Stanbic Bank CEO
KAMPALA, April 3, 2024 – The Deputy Speaker of Parliament, Thomas Tayebwa has backed the position of the Bank of Uganda [BoU] to reject a foreign national nominated by the Standard Bank…
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Kenya: Coffee cooperatives urged to list their debts
NAIROBI, April 2, 2024, Kenya’s Ministry of Cooperatives and Micro Small and Medium Enterprises Development has asked coffee cooperative societies in the country to list and verify their debts to help the…
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