Trade
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Tea farmers seek Shs 126bln to revive industry
KYENJOJO, November 25, 2024: Tea farmers in Uganda are urgently appealing to the government for a Shs 126 billion bailout to revive the struggling industry, which is on the brink of collapse…
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Alebtong locals urged to embrace Parish Development Programme
ALEBTONG, November 25, 2024 — Rita Namuwenge, the Emyooga National Coordinator, and PDM Consultant in Eastern Uganda, has urged the people of Alebtong district to take advantage of government initiatives like the…
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Cross-border traders accuse URA customs officials of extortion
NEBBI, November 25, 2024 – Local cross-border traders from Uganda who sell merchandise to the Democratic Republic of Congo [DRC] are accusing customs officers at Goli Customs of extortion and are calling…
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COMESA states urged to embrace the regional payments and settlement system
UZULWINI, November 24, 2024 — Central Banks in COMESA Member States have been called upon to utilise Regional Payments and Settlement System [REPSS] for intra-COMESA transactions, owing to its potential to enhance…
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Standard Chartered hosts 200 clients, diplomats and Indian Community as it celebrates Diwali
KAMPALA, November 24, 2024 – Standard Chartered Bank Uganda last week celebrated the 2024 Diwali, with more than 200 clients, a host of VIPs, the Board and senior members of the Standard…
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Ugandan MSMEs urged to ensure compliance
KAMPALA, November 23, 2024 – Micro, Small, and Medium Enterprises [ MSMEs ] in Uganda have been urged to adhere to the relevant regulations to ensure their businesses remain uninterrupted. This call…
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Uganda’s annual coffee exports yield Shs 5.6trn
KAMPALA, November 22, 2024 — Uganda’s coffee exports for the twelve months from November 2023 to October 2024 totaled 6.38 million bags, generating US$ 1.46 billion [approximately Shs 5.6 trillion]. This is…
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Ntungamo district boss calls for regular training of SACCO leaders
NTUNGAMO, November 21, 2024 – Samuel Mucunguzi, the LCV Chairperson of Ntungamo district, has called for regular training of leaders, and managers of Savings and Credit Cooperative Organisations [SACCOs], arguing that such…
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Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
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ADF releases initial support of US$ 99mln to finance the development of rice cultivation value chains in West Africa
ABIDJAN, November 21, 2024 — The Board of Directors of the African Development Fund [ADF] has approved initial funding of US$ 99.16 million to develop regional rice cultivation value chains as part…
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