Market Information
latest market news and reviews
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BOU ramps up CBR again
KAMPALA– Bank of Uganda [ BOU ]raised the indicative Central Bank Rate [CBR] to 8.5 percent for July from 7.5 percent before, as inflation rose – for the second time in a…
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Lango leaders caution govt on hurrying PDM processes
OYAM– A section Lango leaders have raised concern over the implementation of the Parish Development Model [PDM], saying the speed at which government is implementing some activities must be checked, especially if…
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Govt to boost surveillance as pests and diseases show resistance
KAMPALA – The Ministry of Agriculture Animal Industry and Fisheries [MAAIF] plans to bolster control and surveillance strategies to counter the marked resistance of pests and diseases in crop farms across the…
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Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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PDM: Lango farmers urged to take up modern farming
DOKOLO– Farmers in the Lango Sub-region have been encouraged to get involved in exotic livestock rearing, fish farming and other enterprises under Parish Development Model [PDM] if they are to fight abject…
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ACPCU commissions Shs 1.5bln facility as it prepares to roast coffee
SHEEMA– In a bid to improve the value chain, Ankole Coffee Producer’s Cooperative Union [ ACPCU ] has begun preparations to roast its coffee on a large scale. This was revealed over…
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Emyooga SACCOs to turn into cooperatives
KABALE– At least 25 Emyooga Savings and Credit Cooperatives [SACCOs] in Kigezi Sub-region are set to be transformed into cooperatives, having grown tremendously since their establishment about two years ago. The Emyooga…
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Cooperative official urges govt of Nigeria on collaboration
ABUJA– As the world marks 2022 International Cooperative Day today [Saturday], the President of Cooperative Federation of Nigeria [CFN] and International Cooperative Alliance-Africa, Chief Oriyomi Ayeola has called on Federal and state…
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Over 300 Emyooga SACCOs in Masaka to get extra Shs 20mln each
MASAKA- At least 300 best-performing Emyooga Saccos in the Greater Masaka region have been selected to benefit from the additional seed capital of Shs 20 million each from the government. This was…
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Co-operators challenged on mind-set change, saving culture
MBARARA– As Uganda joins the rest of the countries to celebrate the International Day of Cooperative, State Minister for Cooperatives- Fredrick Ngobi Gume has encouraged co-operators in the country to save if…
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