Trade
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Parliament queries last minute loan request for UMEME buyout
KAMPALA, February 26, 2025 – Members of Parliament [MPs] on the Committee of National Economy have queried government’s ‘last minute’ request for a US$ 190 million loan to finance the UMEME buyout…
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OWC to donate 2.5mln coffee seedlings to creative artists
GULU CITY, February 26, 2025 – The WALK Creative Arts Foundation is set to receive 2.5 million coffee seedlings from Operation Wealth Creation [OWC] to be distributed to creative artists in Northern…
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AfDB and Standard Bank unite to support SMMEs and boost trade
JOHANNESBURG, February 26, 2025 — The African Development Bank Group [AfDB] and Standard Bank Group [SBG] on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises…
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Interview: ILO’s Simel Esim on the power of cooperatives to drive social justice
BRUSSELS, February 25, 2025: Ahead of World Social Justice Day that was celebrated on February 2025, officials from the International Cooperative Alliance [ICA] spoke with Simel Esim, Head of the International Labour…
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National IDs recovered from money lenders in Mbarara City
MBARARA CITY, February 25, 2025 – Mbarara City Resident City Commissioner [RCC], Catherine Helen Kamwine has recovered around 10 national identity cards that had been confiscated by money lenders operating in the…
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Masindi sugarcane farmers oppose closure of weighbridges
MASINDI, February 25, 2025 –– The Ugandan government has closed sugarcane weighbridges in Masindi following allegations of poaching by some sugar millers in the district. The directive was issued days ago by…
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PDM: Patongo Town Council disburses Shs 800mln to beneficiaries
AGAGO, February 24, 2025 – Local leaders in Patongo Town Council, Agago district, have pledged to embrace all government programmes aimed at combating poverty and generating household incomes. The LC3 Chairperson of…
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AfDB, Interpol collaborate to combat financial crime and strengthen anti-corruption efforts in Africa
ABIDJAN, February 22, 2025 — The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the…
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House approves Shs 9.5bln in tax waivers for local companies
KAMPALA, February 22, 2025 — Parliament on Thursday approved tax waivers of over Shs 9.5 billion for selected local investors for the running financial year 2024/2025. This followed the adoption of the report…
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Coffee prices surge to record highs amidst global market shifts
KAMPALA, February 21, 2025 –– In January 2025, the International Coffee Organisation [ICO] Composite Indicator Price [I-CIP] for green coffee reached an average of 310.12 US cents per pound [0.453592kg], marking a…
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