Financial
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Museveni commends model farmer for embracing four-acre model farming
MPIGI, June 17, 2025 –– President Yoweri Museveni has lauded Hajji Muhammad Yusuf Zziwa, a model farmer in Sselinya B Village, Mpigi district, for embracing the four-acre model of farming. While addressing…
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FDI Flows to Developing Economies Drop to Lowest Level Since 2005
WASHINGTON, June 17, 2025 — Flows of foreign direct investment [ FDI ] into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005…
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PDM beneficiaries in Hoima City decry soaring feed prices
HOIMA, June 17, 2025 –– Beneficiaries of the Parish Development Model [PDM] in Hoima City, particularly those engaged in piggery and poultry farming, are struggling with the escalating cost of animal feeds,…
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African Credit Rating Agency to launch by September 2025
ADDIS ABABA –– The African Credit Rating Agency [AfCRA], a privately owned financial rating body, is expected to begin operations by September 2025. The agency will provide credit ratings tailored to the…
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Bunyoro-Kitara Kingdom appeals for tractors to boost agricultural mechanisation
HOIMA, June 16, 2025 – The Prime Minister of Bunyoro-Kitara Kingdom, Andrew Byakutaga, has appealed to President Yoweri Museveni to support the Kingdom with agricultural mechanisation, particularly the provision of tractors, to…
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Shs 9.5bln compensation revitalises Banyankole Kweterana Cooperative Union
MBARARA CITY, June 16, 2025 –– The Banyankole Kweterana Cooperative Union [BKCU] has been revitalised following a government compensation of Shs 9.5 billion, which has cleared the Union’s debts and boosted its…
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PDM transforms lives of PWDs in Lira City
LIRA, June 16, 2025 – – Persons with disabilities [ PWDs ] in Lira City are experiencing a significant transformation in their livelihoods, thanks to soft loans provided by the Government of…
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UMEME reports Shs 511bln loss, seeks Shs 1trn buyout
KAMPALA, June 16, 2025 – – Uganda’s former power distributor, UMEME Limited has posted a net loss of Shs 511 billion for the financial year ended December 31, 2024, concluding a difficult…
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Co-op Live contributes over £1.3bln turnover to UK economy since inception
LONDON, June15, 2025 — Co-op Live has delivered a staggering £785.5M boost to the UK economy [measured by Gross Value Added [GVA], with a total turnover of £1.3 billion since breaking ground…
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Kole coop expands market across the EAC
KOLE, June 15, 2025 –– Alito Joint Multipurpose Cooperative Society Limited, based in Kole district, is gaining regional recognition, extending its quality seed market beyond the Lango, Acholi, and Karamoja sub-regions to…
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