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May- 2025 -17 MayNews
ITFC commits EUR 106mln to boost cotton production in Burkina Faso
OUAGADOUGOU, May 17, 2025 – – The International Islamic Trade Finance Corporation [ITFC], the trade finance arm of the Islamic Development Bank [IsDB] Group, has renewed its longstanding support to the Republic…
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16 MayNews
Co-operative Bank of Kenya posts 7.5 percent rise in pre-tax profit
NAIROBI, May 16, 2025 — The Co-operative Bank of Kenya demonstrated resilience and adaptability in 2024, posting a 7.5 percent increase in profit before tax to Kshs 34.8 billion, up from Kshs…
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16 MayNews
Cultural barriers prevent Karamoja women from accessing GROW project loans
KOTIDO, May 16, 2025 –– In the arid plains of Karamoja Subregion, where women play a central role in agriculture and entrepreneurship, a quiet struggle continues — financial exclusion rooted in traditional…
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16 MayNews
EU Pledges €48mln for forestry restoration in Uganda
KAMPALA, May 16, 2025 — The European Union [ EU ] has committed at least €48 million [approximately Shs 160 billion] to support forest conservation efforts in Uganda. The announcement was made…
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16 MayNews
“We Don’t Have the Luxury of Time”: Global Energy Leaders Urge Swift Action on Africa’s Resources
PARIS, May 16, 2025 — In a striking call to action at the closing session of the Invest in African Energy Forum in Paris, Energean CEO Mathios Rigas laid out a bold…
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15 MayNews
Parliament waives stamp duty on agreements, imposes new tax on hides and skins exports
KAMPALA, May 15, 2025 –– Parliament has passed the Stamp Duty [Amendment] Bill, 2025 introducing a “near-duty” classification and effectively scrapping the longstanding Shs 15,000 duty on agreements and mortgage deeds. The…
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15 MayNews
Hundreds attend CropLife Uganda inaugural annual symposium in Kampala
KAMPALA, May 15, 2025 — For the first time, CropLife Uganda is hosting its Inaugural Annual Symposium, running from May 14–15, 2025 at the Kampala Serena Hotel. This landmark event has brought…
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15 MayNews
Masindi Prison struggles with congestion as Court of Appeal session opens
MASINDI, May 15, 2025 –– Damali Nabulya, Officer in Charge of Masindi Government Prison, has appealed to judicial officers to expedite the trial process for suspects on remand, citing severe overcrowding at…
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15 MayNews
Museveni launches new skilling hub, emphasises role of technology and skills development
NTOROKO, May 15, 2025 –– President Yoweri Museveni has reaffirmed that Uganda’s path to true liberation lies not only in political leadership but also in the advancement of technology and practical skills…
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15 MayNews
Contractor to hand over Kabalega International Airport this September
HOIMA, May 15, 2025 – Kabalega International Airport, located in Kabaale Sub-county, Hoima district, is scheduled for completion and official handover to the government this September, according to Amos Muriisa, Communications Manager…
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