Financial
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Feasibility studies for major EAC expressway set to begin soon
BUSIA, April 24, 2024 – The feasibility studies for the 256-kilometre multinational Kisumu-Kisian-Busia/Kakira-Malaba-Busitema-Busia Expressway is set to start soon after the East African Community [EAC] officially handed over the site to the…
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Africa’s US$ 824bln debt burden and opaque resource-backed loans hinder its potential, AfDB boss warns
WASHINGTON, D.C, April 24, 2024 – Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Dr Akinwumi…
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Parliament stays rationalisation of key entities pending audit
KAMPALA, April 24, 2024 – The rationalisation of the Non-Performing Assets Recovery Trust [NPART] and Departed Asians Property Custodian Board [DAPCB] will only be concluded after an audit of the entities is…
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Tayebwa pledges more funds for malaria fight
KAMPALA, April 23, 2024 – The Deputy Speaker of Parliament, Thomas Tayebwa has said that he will rally Members of Parliament to prioritise malaria prevention and control in the 2024/2025 financial year…
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Excitement as Butebo gets first tarmac road
BUTEBO, April 23, 2024 – Residents of Petete town council in Butebo district are excited following the commissioning of the construction for the the first tarmac road in the district. The 6.5-kilometre…
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Minister advises locals to appreciate Museveni for championing peace and transformation in Northern Uganda
GULU, April 23, 2024 – The Minister of State for Northern Uganda Affairs, Dr. Kenneth Omona has called upon the people of Northern Uganda to appreciate the achievements and contributions of President…
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18th IsDB Global Forum to explore innovation, entrepreneurship and leadership in Islamic finance
JEDDAH, April 22, 2024 – The Islamic Development Bank [ IsDB ] Institute is to hold the 18th edition of the IsDB Global Forum on Islamic Finance in Riyadh, Kingdom of Saudi…
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Lands minister orders cancellation of pastor’s land title
KIKUUBE, April 22, 2024 – The State Minister for Lands, Dr Sam Mayanja has ordered the cancellation of a land title belonging to Pastor Steven Kyebambe, saying it was illegally obtained by…
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World Bank: New financing tools receive major funding boost
WASHINGTON, April 20, 2024— New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement.…
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Bunyoro sugarcane farmers urged to subscribe to local coop union
MASINDI, April, 20, 2024 – Sugarcane farmers in Masindi district have been urged to join Bunyoro Sugarcane Cooperative Union Limited [BSCUL] if they are to reap big from their enterprise. The call…
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