Trade
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PDM SACCO leaders in Kapchorwa arrested over alleged theft of parish funds
KAPCHORWA, May 12, 2026 — Two leaders of a Parish Development Model [PDM] SACCO in West Division, Kapchorwa Municipality, Kapchorwa district, have been arrested over the alleged misappropriation of funds meant for…
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EBRD net profit drops 23.5 percent in 2025 despite strong investment growth
LONDON, May 12, 2026 — The European Bank for Reconstruction and Development [ EBRD ] recorded a strong financial year in 2025, posting a net profit of €1.3 billion, down 23.5 percent…
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New report finds that poor mobility and connectivity holding back Africa’s potential
KAMPALA, May 12, 2026 — The Mo Ibrahim Foundation has published a new report, Africa on the move: Boosting mobility and connectivity, to coincide with the Africa Forward Summit in Nairobi, 11-12 May. This report provides a comprehensive overview of the current situation and the hurdles to overcome regarding…
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International Day of Argania 2026: Cooperatives safeguard heritage, empower women and protect the future
BRUSSELS, May 11, 2026 — Every year on May 10, the International Day of Argania recognises the cultural, environmental and socio-economic importance of the argan tree and the communities that sustain it.…
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Kikamba Farmers Development SACCO hits Shs 50 million in savings
KAKUMIRO, May 11, 2026 — Members of Kikamba Farmers Development Savings and Credit Cooperative Society [SACCO] have reason to celebrate following the steady growth of their savings. Speaking during at the SACCO’s…
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Ntungamo: Coop bosses suspended over missing Shs 553mln
NTUNGAMO, May 11, 2026 – Tension erupted on Thursday morning as members of Katojo Twimukire Growers Co-operative Society Limited [KTGCSL] dismissed their board over allegations of abuse of office and the mismanagement…
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Zombo district approves Shs 41.5bln budget for FY2026/27
ZOMBO, May 10, 2026 — Zombo District Council has approved a budget of Shs 41,589,259,687 for the 2026/27 financial year during a council meeting held on Wednesday. The theme of this year’s…
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New research shows how a carefully selected mix of coffee varieties unlocks higher yields in Côte d’Ivoire
ABIDJAN, May 10, 2026 — New research conducted in Côte d’Ivoire shows that planting a mix of six rigorously tested and validated robusta coffee varieties can increase yields by up to 86…
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Co-operative Bank of Tanzania reports strong growth after first year
DODOMA, May 10, 2026 — The Co-operative Bank of Tanzania, which launched last April, has marked its first year of operations by reporting strong growth in customer numbers. In its latest report,…
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BoU’s Atingi-Ego advocates faster commercial dispute resolution to strengthen financial sector stability
KAMPALA, May 9, 2026 — The Bank of Uganda [BoU] Governor, Michael Atingi-Ego, has called for the effective use of Alternative Dispute Resolution [ADR] mechanisms in handling commercial disputes, saying prolonged litigation…
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