Financial
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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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Building water infrastructure: Banks urged to offer affordable loans to dairy cooperatives
KAMPALA, December 15, 2025 — Officials from the Ministry of Water and Environment (MWE) and Heifer International have called on commercial banks and other financial institutions in Uganda to provide dairy cooperatives…
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MSC collaborates to enhance livelihoods in Teso’s Ateker community
SOROTI, December 15, 2025 — The Microfinance Support Centre [ MSC ] has entered into a collaboration aimed at enhancing the livelihoods of the Ateker community in the Teso sub-region. The partnership…
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Banyankole Kweterana Cooperative Union leadership summoned in Kampala over alleged misappropriation of funds
MBARARA, December 15, 2025 – The Board of Directors and management of the Banyankole Kweterana Cooperative Union [BKCU] have been formally summoned to appear before the Registrar of Cooperative Societies in Kampala…
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Afreximbank breaks ground on its iconic trade centre and new headquarters in Egypt’s New Capital
KAMPALA, December 15, 2025 — African Export-Import Bank Afreximbank, Africa’s leading multilateral financial institution, yesterday marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre [AATC] in Egypt’s…
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Refugees in Kiryandongo find stability and nutrition through FAO’s poultry farming initiative
KIRYANDONGO, December 14, 2025 –When the conflict in Sudan reached Khartoum in 2023, Fatima Salih Mohammed, a 30-year-old mother of six, was forced to flee. She arrived in Uganda with her six…
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