Market Information
latest market news and reviews
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EAC Partner States urged to educate citizens on monkeypox
ARUSHA –East African Community [EAC] Partner States have been urged to provide necessary information for their citizens to protect themselves against monkeypox and prevent the virus from spreading. This follows reports by…
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Tayebwa urges German MPs to woo home investors to Uganda
KAMPALA– The Deputy Speaker of Parliament, Thomas Tayebwa has asked legislators from Germany to encourage the European country’s investors to come and invest in Uganda, saying the latter has immense investment opportunities.…
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aBi Finance Limited readies loans for Tier IV MFIs and SACCOs
KAMPALA– Tier IV Microfinance institutions [MFIs] and SACCOs in Northern and Eastern Uganda looking for funding no longer have to worry. This is because aBi Finance Holdings Limited has availed concessional loans…
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Amuru rice dealers on the spot over cheating customers
AMURU– Rice buyers at Pabbo town council located along Amuru- Elegu- South Sudan Highway, have raised a red flag as the dealers have made it a habit to cheat them through fake…
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Over 6,000 Nwoya farmers stuck with ready mangoes
NWOYA– Over 6,000 fruit farmers in Nwoya district do not have market for their ready mangoes as there is no juice-processing factory in the district to add value to the fruits. The…
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DR Congo and Uganda security officials meet over cross-border smuggling
NEBBI- Ugandan security officials in Nebbi district and their counterparts from DR-Congo’s Mahagi Territory, in Eastern Ituri Province met on Tuesday to discuss the rise in the smuggling of goods between the…
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Banks post 26.9 percent profit as sector remains resilient to potential shocks
KAMPALA– Year on year, commercial banks’ aggregate net profits after tax (NPAT) increased by 26.9 percent to Shs 1,073.9 billion in the year ending December 2021 from Shs 846.2bln in the previous…
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EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
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Global coffee exports decline in April 2022
KAMPALA– Global exports of green beans in April 2022 totalled 9.86 million bags, compared with 10.16mln bags in the same month of the previous year, according to International Coffee Organization [ICO]. ICO…
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Pader district runs short of extension workers
PADER– The shortage of agricultural extension workers in Pader district is becoming a big concern as farmers are not getting adequate services, which in the end affects farm output. Pader district has…
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