Financial
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NAM, G77 summits to boost Uganda’s tourism as govt allocates Shs 53.6bln for preparations
KAMPALA, November 24, 2023 – Uganda’s tourism sector will reap from the two upcoming international summits to take place in Kampala in January 2024, according to the Minister of State for Foreign…
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Finance Ministry needs Shs 2bln to establish Sugar Board
KAMPALA, November 23, 2023 – Due to the lack of required funds, Government has failed to establish a Sugar Board to regulate the sugar industry, according to the Minister of State Finance…
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Soroti City journalists’ SACCO tipped on record keeping
SOROTI, November 23, 2023 – Executive members of Soroti West City Division Journalists Emyooga SACCO in Soroti City have been advised to keep records if they are to properly manage the SACCO.…
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World Bank and Global Fund: Stronger collaboration to tackle impact of climate change on health
WASHINGTON, November 23, 2023 ― The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria [the Global Fund] have signed a new Memorandum of Understanding [MoU] outlining how the two…
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PDM SACCO members in Otuke invest in agri-business
OTUKE, November 22, 2023 – Members of Ating Orum Parish Development Model [PDM] SACCO have invested the money received in agri-business and expect to earn profits in the near future. Some of…
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Uganda’s coffee exports drop 18.5 percent in October 2023
KAMPALA, November 22, 2023 – Uganda’s coffee exports in October 2023 were 470,080 60-kilo bags, which earned the country US$ 78.92 million, according to Uganda Coffee Development Authority [UCDA]. However, the country’s…
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Adjumani refugees adapt to climate change in fight against food insecurity, malnutrition
ADJUMANI, November 21, 2023 – A number of development partners are supporting refugees in Uganda to adapt to the impacts of climate change to fight food insecurity and malnutrition. One of the…
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AfDB approves US$ 10mln investment in Kenyan company Dhamana
NAIROBI, November 21, 2023 – The African Development Bank [AfDB] has approved a US$ 10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets as an…
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Buganda launches initiative encouraging pupils to save
MASAKA, November 21, 2023 – Buganda Kingdom, through its Project to Empower Women through Savings and Loan Associations [PEWOSA], has launched a new project codenamed ‘’PEWOSA Toto’’ to encourage pupils in Greater…
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Govt pledges to help local tea farmers
KAMPALA, November 20, 2023 – Government has developed a Cabinet Paper that will establish a policy to reenergise the tea business in Uganda, according to Prime Minister, Robinah Nabbanja. “We have held…
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