Trade
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BoU urged to establish currency centre in Lira City
LIRA, October 25, 2023 – The Director Chambers of Commerce for North and Eastern Uganda, Bosco Ogwang Edola has urged the Bank of Uganda [BOU] to help establish a currency center in…
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Agroecology week kicks off in Kampala as PELUM Uganda partners with govt
KAMPALA, October 24, 2023 – PELUM Uganda in collaboration with the ministries of Agriculture, Animal Industry and Fisheries [MAAIF], Trade, Industry and Cooperatives [MTIC], and National Agroecology Actors has organised the National…
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Livestock theft worries farmers in greater Mbarara
MBARARA, October 24, 2023 – Farmers in districts that form greater Mbarara are spending sleepless nights in the kraals guarding their animals against thieves who have invaded the area. For instance, Samson…
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AfDB supports small horticultural businesses in TZ with US$ 2.5mln grant
DODOMA, October 23, 2013 – The Board of Directors of the African Development Bank [AfDB] has approved a U$ 2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. According…
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Annual coffee exports fetch Uganda over US$ 940mln
KAMPALA, October 20, 2023 – Coffee exports for the coffee year [2022/2023] totaled 6.14 million bags worth US$ 940.36mln compared to 5.86mln bags worth US$ 877.66mln in the previous coffee year [2021/2022],…
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NFA ready to sell impounded charcoal
GULU, October 19, 2023 – The National Forestry Authority [NFA] has selected Intrepid Recovery Associates Limited as the best bidder to sell the charcoal impounded in Northern Uganda. The charcoal was impounded…
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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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