Financial
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Uganda launches pilot phase of Okusevinga Money Market Trust Scheme to widen investment access
KAMPALA, December 18, 2025 — The Finance ministry, in partnership with the Bank of Uganda [BoU], has launched the pilot phase of the Okusevinga Money Market Unit Trust Scheme, a new government-backed…
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Uganda, Ethiopia drove Africa’s coffee exports in October – ICO report
KAMPALA, December 18, 2025 — Exports of all forms of coffee from Africa rose by 21.9 percent in October 2025 to 1.73 million bags, up from 1.42mln bags in October 2024, according…
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Registrar rejects BKCU leaders’ bid to relocate crucial meeting to Mbarara
MBARARA CITY, December 18, 2025 – The Registrar of Cooperative Societies, Robert Bariyo Barigye, has rejected a request by the leadership of the Banyankole Kweterana Cooperative Union Limited [BKCU] to change the…
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Nebbi traders demand compensation over stalled bus and taxi park project
NEBBI, December 18, 2025 — More than 100 local traders involved in a public–private partnership [PPP] agreement with Nebbi Municipal Council are demanding compensation over the stalled construction of the Nebbi taxi…
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Greater Northern Uganda: Gov’t injects Shs1bln into creative economy
GULU CITY, December 17, 2025 — Government, through the Ministry of Gender, Labour and Social Development [MGLSD], has injected Shs 1billion into Greater Northern Uganda’s creative industry, covering the Acholi, West Nile,…
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OPED: Why Africa requires homegrown trade finance to boost economic integration
By Cyprian Rono KAMPALA, December 17, 2025 — Africa’s quest to trade with itself has never been more urgent. With the African Continental Free Trade Area [AfCFTA] gaining momentum, governments are working…
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Parliament recalled to consider another Shs 2.2trn in loan requests
KAMPALA, December 16, 2025 — Parliament has been recalled from recess to consider loan requests amounting to about Shs 2.2 trillion and to receive the 2026/27 National Budget Framework Paper [NBFP], signalling…
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PDM: Police launch probe into fraud and extortion allegations in Bushenyi
BUSHENYI, December 16, 2025 – Police in Bushenyi district have launched investigations into allegations of fraud and extortion involving beneficiaries of the Parish Development Model [PDM], a flagship government initiative aimed at…
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UEDCL secures Shs 190bln Loan from Absa Bank to upgrade electricity distribution network
KAMPALA, December 15, 2025 — The Uganda Electricity Distribution Company Limited [UEDCL]has secured a loan worth US$ 50 million [approximately Shs 190 billion] from Absa Bank Uganda to finance the upgrade and…
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Irish coop apex raises concerns on budget hit for non-VAT registered farmers
DUBLIN, December 15, 2025 — The Irish Co-operative Organisation Society [ICOS], the voice of cooperatives in Ireland, has raised concerns over a decision by the Department of Finance to reduce the Flat-Rate…
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