Consumption
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Cooperatives & Communities
Africa coffee exports drop 5.1 percent as drought hits Uganda
KAMPALA-Exports of all forms of coffee from Africa decreased by 5.1 percent to 13.73 million bags in coffee year 2021/22 from 14.48mln bags in the previous coffee year, International Coffee Organisation […
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Africa
High inflation: World Bank advises African gov’ts to restore macro-economic stability and protect the poor
WASHINGTON-Global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction. The risk of stagflation comes at a time when high interest rates…
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News
Uganda’s coffee exports plummet 29 percent in August due to drought
KAMPALA– Uganda’s coffee sub-sector regulator, Uganda Coffee Development Authority [UCDA] reported that the country’s coffee exports fell 28.5 percent year-on-year in August due to a drought that damaged crops in some regions…
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East Africa
Land, housing sectors take largest share of SACCO loans in Kenya
NAIROBI– A sectoral lending report by Kenya’s SACCO regulator, Sacco Societies Regulatory Authority [SASRA] puts the land and housing sectors of the Kenyan economy as the biggest borrowers of Sacco loans, accounting…
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Cooperatives & Communities
Global coffee exports gain slight increase, says new ICO report
KAMPALA– Global exports of green beans in June 2022 totalled 10.03 million bags, compared with 9.95mln bags in the same month of the previous year, up 0.8 percent, according to International Coffee…
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Energy & Mining
Power consumers petition Among over irregular supply
WEST NILE– Electricity Consumers in West Nile Sub-region have petitioned Annet Anita Among, the Speaker of Parliament of Uganda over the irregular power supply. The West Nile region is yet to be…
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Development
Russia-Ukraine conflict dampens Uganda’s growth prospects-BoU report
KAMPALA– The adverse global economic developments and higher domestic inflation have diminished the prospects for Uganda’s domestic economic growth, according to the Bank of Uganda [BoU] Monetary Policy Report June 2022. “The…
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Development
Global coffee exports rise 10.7 percent
KAMPALA– Global exports of green coffee beans totalled 9.75 million bags in May 2022, up from 8.8 mln bags in the same month of 2021, the International Coffee Organisation [ICO] said in…
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Cooperatives & Communities
With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
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News
UNBS holds training for food and beverage sector
KAMPALA– The Uganda National Bureau of Standards [UNBS] last week hosted the first-ever practical training on the implementation of standards. The training, which was conducted in a factory setting at Negonja Organics…
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