Topics
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USAID commits US$90mln to strengthen cooperative development globally
WASHINGTON, DC, October 20, 2023 – The United States Agency for International Development [USAID] days ago announced a landmark commitment of US$ 90 million to bolster social cohesion, stabilise economies, and support…
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RDC threatens to arrest PDM beneficiaries over diverting money
KASESE, October 19, 2023 – The Deputy Resident District Commissioner [RDC] in charge of Busongora County in Kasese district, Zephanus Mubingwa has threatened to arrest beneficiaries of the Parish Development Model [PDM]…
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NFA ready to sell impounded charcoal
GULU, October 19, 2023 – The National Forestry Authority [NFA] has selected Intrepid Recovery Associates Limited as the best bidder to sell the charcoal impounded in Northern Uganda. The charcoal was impounded…
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Shs 1.78bln injected in Apac Emyooga SACCOs
LIRA, October 19, 2023 – Government has so far disbursed Shs 1.78 billion to Emyooga SACCOs in Apac, according to George Abudul, the Resident District Commissioner. Emyooga is the presidential initiative on…
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Karamoja leaders to be empowered as role models in communities
NAKASEKE, October 19, 2023 – Government has pledged to empower Karamoja leaders as role models to aid the economic transformation of the sub-region. According to Prime Minister Robinah Nabbanja, plans to develop…
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Uganda: First-ever Islamic Finance Conference to be held in Kampala
KAMPALA, October 18, 2023 – The inaugural Islamic Finance Conference takes place tomorrow in Kampala, according to Moses Emuron, Manager, Business Development & Risk Management at BDO East Africa Uganda. “BDO, Signum…
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VSLAs improving livelihoods of locals in Amolatar
AMOLATAR, October 18, 2023 – The Village Savings and Loans Associations [ VSLAs ] have improved the livelihoods of the beneficiaries in Amolatar district. According to officials, there are over 600 VSLAs…
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Egypt issues Africa’s first Sustainable Panda Bond worth US$ 478.7mln
CAIRO, October 18, 2023 – Egypt has successfully issued a three-year Sustainability Panda Bond worth US$ 478.7 million. The North African nation is the first on the continent to do so, a…
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Lending rates surged to 18.4 percent in August, says report
KAMPALA, October 18, 2023 – Lending rates for the shilling-denominated credit increased in August 2023 to 18.4 percent from 17.95 percent in July 2023, according to the latest Performance of the Economy…
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