Trade
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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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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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Uganda’s exports rose 17.6 percent in August
KAMPALA, October 17, 2023 – Uganda’s exports in August 2023 fetched the country US$ 669.88 million, an increase of 17.6 percent from US$ 569.78mln earned in the month earlier, the Ministry of…
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Gulu UWEP group under investigation over Shs 10.8mln fraud
GULU, October 13, 2023 – Ajanyi Kacel Watwero Produce Buying and Selling Association members are under investigation for allegedly fraudulently getting Shs 10.8 million under the Uganda Women Entrepreneurship Programme [UWEP]. Ajanyi…
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Hope as Apac fishermen officially launch SACCO
APAC, October 13, 2023 – A section of fishermen in Ibuje Sub-county in Apac district have officially launched its SACCO with the hope that it will help boost their savings and credit…
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Absa Africa Financial Markets Index 2023 reveals continued progress in developing African financial markets
LONDON, October 12, 2023 – The 2023 Absa Africa Financial Markets Index [AFMI] reveals there has been continued progress in developing financial markets across Africa in the past year, with many of…
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Minister urges Kasese farmers to grow Arabica coffee
KASESE, October 12, 2023 – The State Minister for Agriculture, Fredrick Bwino Kyakulaga has urged farmers in Kasese district to grow more Arabica coffee and add value to it in order to…
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UCDA re-opens primary coffee factories in Buganda and Busoga
KAMPALA, October 12, 2023 – The Uganda Coffee Development Authority [UCDA] has reopened all primary coffee factories in the Greater Mukono, Greater Luweero, and Busoga regions, effective October 11, 2023. According to UCDA,…
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NOSP to construct 2,500km of community roads in Lango, and Teso
LIRA, October 6, 2023 – The National Oil Seed Project [NOSP] through the International Fund for Agricultural Development [IFAD], and the Ministry of Local Government is set to rehabilitate and construct a…
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AfDB, EBID sign loan agreement for US$ 50mln and € 50mln to enhance regional food security
ABIDJAN, October 6, 2023 – The African Development Bank [AfDB] and the ECOWAS Bank for Investment and Development [ EBID ] have signed an agreement for a dual currency line of credit…
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