China
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Africa
Raw coffee exports irk Museveni
President Yoweri Museveni yesterday addressed delegates attending the 2nd G-25 Africa Coffee Summit at Speak Resort Munyonyo in Kampala where he discouraged the export of raw coffee and other products from Africa,…
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National
Journey to revive Cooperative Bank begins as gov’t inaugurates steering committee
KAMPALA– Cooperators in Uganda could soon have access to cheap and appropriate financing after the government on Tuesday inaugurated a steering committee to revive the defunct Cooperative Bank whose assets were taken over…
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Africa
BRICS invites African Heads of State to August Summit in South Africa
JOHANNESBURG – The BRICS economic bloc has invited 69 leaders to its upcoming summit, including all African Heads of State and the political heads of major Global South bodies, various media reports…
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East Africa
China to strengthen cooperation with EAC in capacity building and trade
ARUSHA – The People’s Republic of China has pledged to strengthen cooperation with the East African Community [EAC] in capacity building, trade, infrastructure development, and other fields. The Chinese Ambassador to Tanzania…
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International
Rising population anxiety as India overtakes China as world’s most populous nation
NEW YORK-New data reveals population anxieties are widespread and governments are increasingly adopting policies aimed at raising, lowering or maintaining fertility rates. But efforts to influence fertility rates are very often ineffective…
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Energy & Mining
Govt commissions power transmission project in Northern Uganda
NWOYA – The Minister of Energy and Mineral Development, Ruth Nankabirwa has commissioned the Olwiyo substation and the 400KV Karuma-Olwiyo and 132KV Karuma-Lira transmission lines to boost power supply in the Greater…
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Finance & Banking
Egypt acquires equity in BRICS New Development Bank
CAIRO-One of Africa’s economic powerhouses, Egypt recently took an equity in the BRICS New Development Bank [NDB], weeks after President Abdel-Fattah El-Sisi visited India as a chief guest for the Republic Day…
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Market Information
Uganda’s January 2023 exports jump 8.8 percent
KAMPALA – The value of Uganda’s exports in January 2023 rose by about 8.8 percent to US$ 404.46 million from US$ 371.81mln registered the previous month, mostly due to higher receipts for…
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Cooperatives & Communities
Tororo coffee farmers receive farm tools, urged to form cooperatives
TORORO-Coffee farmers in Tororo district have a reason to smile after receiving tools from government to help in the pruning of coffee trees. Government through Uganda Coffee Development Authority [UCDA] procured tools…
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Agriculture
Chief Whip Obua on campaign to extend coffee growing in Lango Sub-region
ALEBTONG – At least 300 farmers in Alebtong district are to be mobilised to embrace coffee growing in a move to extend the production of the perennial crop in Lango Sub-region, according…
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