Trade
-
BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
Read More » -
Nigerian lender to acquire 80 percent stake in Finance Trust Bank
KAMPALA, January 23, 2024 – Nigerian business group, Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with Uganda’s Finance Trust Bank…
Read More » -
Commonwealth boss commends Museveni on assuming NAM chairmanship
KAMPALA, January 22, 2024 – The Commonwealth Secretary-General, Patricia Scotland KC, addressed leaders from 121 countries at the Non-Aligned Movement [NAM] Heads of State and Government Summit in Kampala yesterday. In her…
Read More » -
Investor Patel acquires 1.29 stake in Co-operative Bank of Kenya
NAIROBI, January 22, 2024 – Kenyan tycoon Baloobhai Patel has acquired a 1.29 percent stake in Co-operative Bank of Kenya after buying an extra 20.5 million shares worth Ksh 232mln. Patel, whose…
Read More » -
Museveni elected new Chairman of NAM till 2027
KAMPALA, January 19, 2024 – Jeyhun Bayramov, the Minister of Foreign Affairs for the Republic of Azerbaijan on Friday formally passed on the Chairmanship of the Non-Aligned Movement [ NAM ] Summit…
Read More » -
Access to finance, unfair taxation in focus at UN Women in Agribusiness Expo
KAMPALA, January 19, 2024 – As the United Nations [UN] Women in Agribusiness Expo in Kampala concluded on January 16, 2024, women entrepreneurs voiced concerns over the formidable challenges posed by inadequate…
Read More » -
Locals appeal for govt support to revive cooperative society
SOROTI, January 19, 2024 – The residents of Omugenya Parish , Awalwal Sub-county in Soroti district are appealing to government to provide them with financial support so that they can revive their…
Read More » -
Coffee farmers in Lango urged to practice simple irrigation
LIRA, January 19, 2024 – The Uganda Coffee Development Authority [UCDA] has advised farmers in Lango Sub-region to practice simple irrigation on their coffee farms during drought, saying it is cheap. According…
Read More » -
USDA awards nearly US$10mln in organic market development grants
NEW YORK, January 18, 2024 – The United States Department of Agriculture [USDA] through its Agricultural Marketing Service [AMS] days ago announced that US$ 9.75 million has been awarded to 10 grant…
Read More » -
Uganda’s export earnings dropped 10.7 percent in November 2023
KAMPALA, January 18, 2024 – Uganda’s export receipts during November 2023 fetched the country US$ 615.05 million, a 10.7 percent decline when compared to the US$ 688.69mln the country earned in October…
Read More »