Financial
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Museveni praises Catholic Church for role in poverty alleviation
MITYANA, April 16, 2025 – President Yoweri Museveni has commended the Catholic Church in Uganda for its active role in fighting poverty and promoting socio-economic development across communities. Speaking on Tuesday at…
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Bunyoro coops urged to adopt Uhuru’s CoopProfiler for enhanced efficiency
MASINDI, April 16, 2025 – Cooperatives in Uganda’s Bunyoro Sub-region have been urged to adopt CoopProfiler, an innovative web and mobile-based software solution developed by the Kampala-based Uhuru Institute for Social Development…
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Karamoja farmers empowered with 55 walking tractors to boost food production
WAKISO, April 16, 2025 –– Farmers from Uganda’s Karamoja Sub-region have received a significant boost after the Food and Agriculture Organization [FAO)]of the United Nations, in partnership with the Ministry of Agriculture,…
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Absa Bank Uganda earns Shs 546bln revenue in 2024
KAMPALA, April 15, 2025 –– Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22 percent to…
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Christian donors construct boreholes worth Shs 375mln in Bunyoro
HOIMA, April 15, 2025 – Communities in the Bunyoro Sub-region who have long struggled to access safe and clean water now have a reason to smile, following the construction of 15 boreholes…
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EAGC launches farmer-owned G-Hubs to boost grain trade in East Africa
MUKONO, April 14, 2025 – The Eastern Africa Grain Council [EAGC] has launched farmer-owned and operated Grain Trade Business Hubs [ G-Hubs ], an innovative initiative aimed at transforming grain commerce for…
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COMESA, World Bank launch US$ 2.5bln programme on accelerating digital access
LUSAKA, April 14, 2025 –– The Common Market for Eastern and Southern Africa [ COMESA ] recently launched the World Bank-funded Inclusive Digitalisation for East and Southern Africa [IDEA] Programme which aims…
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Emyooga SACCOs in Northern Uganda urged to work hard to establish village banks
LIRA CITY, April 14, 2025 – Emyooga Savings and Credit Cooperative Organisations [Emyooga SACCOs] in Northern Uganda, particularly in the Lango and West Nile subregions, have been urged to strengthen their operations…
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Sheema: Shuuku SACCO boss warns against loan defaults
SHEEMA, April 14, 2025 – The Chairman of Shuuku SACCO Limited, Stephen Bongonzya, has warned board members and the wider membership against loan defaults, stressing that such practices are threatening the survival…
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Uganda’s coffee exports surge 27.93 percent in February 2025 amid global price hike
KAMPALA, April 13, 2025 — Uganda’s coffee exports reached a record high in February 2025, with 555,756 60-kilo bags, earning the country the much-needed foreign exchange of US$ 167.78 million [about Shs…
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