Financial
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Uganda’s July coffee exports earn Shs 898.80 billion
KAMPALA, August 25, 2025 — Uganda exported 997,105 60-kilogramme bags of coffee in July, generating US$ 289.60 million [approximately Shs 898.80 billion], according to the Monthly Coffee Report – July 2025, released…
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UN Secretary General calls for stronger support for sustainable growth and the development of cooperatives
NEW YORK, August 27, 2025 — The 2025 United Nations [UN] Secretary General’s report on Cooperatives in Social Development [A/80/168] sets out a series of policy recommendations for Member States to strengthen…
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MTN Uganda unveils inaugural 2024 sustainability report highlighting growth, green initiatives and social impact
KAMPALA, August 27, 2025 — Uganda’s giant telecom company, MTN Uganda, has launched its inaugural Sustainability Report for 2024, marking a significant milestone in the company’s evolution from a telecommunications provider to…
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Local coop in Kapchorwa desperately needs power to operate coffee hulling machine
KAPCHORWA, August 25, 2025 — The Chema Integrated Cooperative Society Limited, based in Chema Subcounty, Kapchorwa district, has appealed to the Uganda Electricity Distribution Company Limited [UEDCL] to urgently connect electricity to…
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Pride Bank launches new SACCO and investment club product to boost financial inclusion
MBARARA CITY, 24 August 2025 — Pride Bank Limited has unveiled a new financial product tailored for Savings and Credit Cooperative Organisations [SACCOs] and investment clubs, aimed at enhancing access to credit…
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Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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Teso teachers’ SACCOs to receive additional gov’t funding
SOROTI, August 22, 2025 – Teachers’ Savings and Credit Cooperative Organisations [SACCOs] in the Teso Subregion are set to receive a significant financial boost from the government through the Presidential Fund for…
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Museveni urges tea farmers to diversify production, pledges financial support
BUSHENYI, August 21, 2025 – President Yoweri Museveni has urged small-scale tea farmers across the country to diversify into other crops and reconsider their farming practices in response to falling global tea…
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Ugandan exporters react as Saudi Arabia launches ambitious coffee farming project
KAMPALA, August 21, 2025 – Oil-rich Saudi Arabia has unveiled an ambitious plan to revitalise its coffee sector by producing high-quality coffee seedlings using advanced scientific methods, including tissue culture. The initiative,…
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Acholi cultural leader urges Museveni to fulfil Shs 1 billion pledge for SACCO
GULU CITY, August 20, 2025 – The Acholi Paramount Chief, Rwot David Onen Acana II, has appealed for Shs 2 billion to capitalise the cultural institution’s Savings and Credit Cooperative Organisation [SACCO],…
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