Market Information
latest market news and reviews
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Africa: Oil & gas projects to watch in 2024
JOHANNESBURG, February 6, 2024 – According to the oil & gas sector analysts, 2024 will be a critical year for Africa’s oil & gas sector with several key projects reaching commissioning stage…
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FAO Food Price Index down again in January led by lower wheat and maize prices
KAMPALA, FEBRUARY 5, 2024 – The benchmark for world food commodity prices fell further in January, albeit slightly, led by decreases in the prices of cereals and meat, which more than offset…
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Sensitise citizens on minerals, minister urged
KAMPALA, February 2, 2024 – The Minister of Energy and Mineral Development, Ruth Nankabirwa Ssentamu has been asked to table a statement in parliament on government plans to sensitise the citizenry on…
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Policy reversal on livestock vaccination in the offing, says minister
KAMPALA, February 2, 2024 – The Minister of Agriculture, Animal Industry and Fisheries [MAAIF], Frank Tumwebaze has said that government is considering a policy reversal on vaccination of livestock, to allow farmers…
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Trade ministry asked to explain cause-of-low prices of cotton in the country
KAMPALA, February 1, 2024 – Members of Parliament have asked the Ministry of Trade, Industry and Cooperatives [MTIC] to explain the cause of the low prices of cotton, and other cash crops,…
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BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
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Mbale City leaders start monitoring of PDM progress
MBALE, January 23, 2024 – The Leaders in Mbale City have started visiting the Parish Development Model [PDM] beneficiaries to assess how far the beneficiaries have gone with the projects selected for…
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Nigerian lender to acquire 80 percent stake in Finance Trust Bank
KAMPALA, January 23, 2024 – Nigerian business group, Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with Uganda’s Finance Trust Bank…
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Investor Patel acquires 1.29 stake in Co-operative Bank of Kenya
NAIROBI, January 22, 2024 – Kenyan tycoon Baloobhai Patel has acquired a 1.29 percent stake in Co-operative Bank of Kenya after buying an extra 20.5 million shares worth Ksh 232mln. Patel, whose…
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USDA awards nearly US$10mln in organic market development grants
NEW YORK, January 18, 2024 – The United States Department of Agriculture [USDA] through its Agricultural Marketing Service [AMS] days ago announced that US$ 9.75 million has been awarded to 10 grant…
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