Trade
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Scheduled coop banks in India to work at par with national banks
NEW DELHI, Febraury 8, 2025 — The Union Ministry of Cooperation has announced that the Government of India plans to equip all scheduled cooperative banks with services equivalent to those offered by…
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EU and EAC launch strategic projects to strengthen regional trade and economic growth
ARUSHA, February 7, 2025 – The European Union [EU] and the East African Community [EAC] has launched three key projects designed to strengthen regional integration, enhance trade and foster inclusive economic growth.…
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Housing: Auditor General decries undercapitalisation of NHCCL in new report
KAMPALA, February 7, 2025 — The Auditor General Edward Akol, has urged the government to allocate more funds to the National Housing and Construction Company Limited [ NHCCL ] to enable the…
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Govt to spend Shs 7 trillion on PDM, says Museveni
LIRA, February 7, 2025 — President Yoweri Museveni recently indicated during a recent meeting with Lango leaders in Kwania district that the government injects Shs 1.2 trillion every financial year and is…
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Africa’s coffee exports rise 8.0 percent in December 2024
KAMPALA, February 7, 2025: Exports of all forms of coffee from Africa rose by 8.0 percent, reaching 1.21 million bags in December 2024, up from 1.12 million bags in December 2023, according…
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Gulu coffee farmers’ conference in the offing
GULU, February 6, 2025 – Ribbo Coffee, a social enterprise based in Gulu City, is organising a coffee conference aimed at addressing several challenges faced by coffee farmers in the Acholi Subregion,…
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Billionaire and spiritual leader the Aga Khan dies aged 88
PARIS, February 5, 2025 — Billionaire philanthropist and spiritual leader Aga Khan has died at the age of 88, his charity the Aga Khan Development Network has announced. Prince Karim Aga Khan…
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Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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Only 21 percent of GROW project funds expended, says new report
HOIMA CITY, February 5, 2025 – In his latest audit report for the year ending December 31, 2024, Auditor General Edward Akol reveals that only 21 percent of the funds disbursed under…
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SACCO official warns over proliferation of unregulated SACCOs
BUSIA, February 5, 2025 — Kenya’s Mwalimu Saving and Credit Cooperative Society [SACCO] Homa Bay Branch Manager Eunice Oketch, has urged those in the informal sector to join financial institutions that are…
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