Trade
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FPU embarks on sensitisation of communities against illegal fishing
NTOROKO, May 25, 2024 – The Uganda People’s Defence Forces Fisheries Protection Unit [FPU] led by the unit commander, Lt. Col. Mercy Tukahirwa has embarked on sensitising fishing communities against illegal fishing.…
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Uganda named top investment destination in Africa
ENTEBBE, May 24, 2024 – President Yoweri Kaguta Museveni recently received an award that ranks Uganda as a top investment destination on the African continent. Uganda beat six other nations to emerge…
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Tayebwa urges Europeans to invest in Uganda’s coffee sector
KAMPALA, May 24, 2024 – Deputy Speaker of Parliament, Thomas Tayebwa, has called for the support of visiting Germany legislators to push the rest of the European Union [EU] countries to import…
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Land Squeeze: Soaring land prices, grabs and carbon schemes threaten food production, experts warn
KAMPALA, May 24, 2024 – Soaring land prices, land grabs, and carbon schemes create an unprecedented ‘land squeeze’, threatening farmers and food production. This reveals a comprehensive new report by the International…
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Coffee importers speed up shipments before EU deforestation law, says ICO
LONDON, May 24, 2024 – Coffee importers have increased the pace of shipments recently, seeking to escape problems after December when the European Union’s Regulation on Deforestation Free Products [EUDR] enters into…
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Global carbon pricing revenues top a record US$ 100bln
WASHINGTON, May 23, 2024 — In 2023, carbon pricing revenues reached a record US$ 104 billion, according to the World Bank’s annual “State and Trends of Carbon Pricing 2024” report released today.…
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Museveni urges Ntungamo locals to support new coffee factory
NTUNGAMO, May 23, 2024 – President Yoweri Museveni wants the people of Ntungamo to unite, and support the coffee factory established by Inspire Africa Coffee Group if they are to improve their…
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Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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UPDF burns illegal fishing gear on Lake Albert
KIKUUBE, May 22, 2024 – The Uganda People’s Defence Forces’ Fisheries Protection Unit [FPU] guarding Lake Albert has burned illegal fishing gear worth Shs 265 million. The equipment destroyed belonged to fishermen…
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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