Economy
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News
Masindi district to prioritise household income enhancement in FY 2024/25
MASINDI, April 3, 2024 – Masindi District Local Government intends to prioritise enhancing household income, increasing agricultural production, and community participation in government programmes in the financial year 2024/2025. This was said…
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News
Global experts urge action as Africa grapples with US$ 65bln timber trade deficit
ABIDJAN, March 27, 2024 – Africa must work to urgently address its staggering US$ 65 billion timber trade deficit to position forests as a critical driver for the continent’s future development, global…
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News
Minister Okasaai advises Alebtong residents on PDM, Emyooga
ALEBTONG, February 29, 2024 – The State Minister for Energy, Okasaai Opolot has urged residents of Alebtong district to embrace the Parish Development Model [PDM] and Emyooga Programme to improve their livelihoods.…
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News
KRC Uganda acquires over Shs 570mln loan to boost dairy sector in Tooro Sub-region
KABAROLE, February 20, 2024 – Kabarole Research and Resource Centre [KRC] has acquired a loan worth Shs 572 million from Microfinance Support Centre [MSc] to boost the dairy sector in Tooro Sub-region.…
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Eastern
Serere: Fishmongers applaud Minister Adoa for the road project
SERERE, February 1, 2024 – Local fishmongers have lauded Minister of State for Fisheries, Hellen Adoa for launching a new road construction project in Serere district, saying the bad roads are a…
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Cooperatives & Communities
Experts form economic forum to give voice to over three million cooperatives across globe
NEW DELHI, October 26, 2023 – Leading cooperative sector experts have come together to form the World Cooperative Economic Forum [WCopEF] to give voice to over three million cooperatives spread across the…
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Finance & Banking
Lending rates surged to 18.4 percent in August, says report
KAMPALA, October 18, 2023 – Lending rates for the shilling-denominated credit increased in August 2023 to 18.4 percent from 17.95 percent in July 2023, according to the latest Performance of the Economy…
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International
Arla rewards climate-forward farmers with share of US$ 326mln
COPENHAGEN, September 15, 2023 – Arla, the Danish-Swedish dairy cooperative recently started to pay out a monthly incentive to its farmer owners based on their sustainability efforts. The incentive is a data-driven…
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Cooperatives & Communities
Brazil can earn US$ 202.1bln with cooperativism in 2027, says OCB
BRASILIA – Brazil has the capacity to have revenues of R$ 1 trillion [about US$ 202.1 billion] with cooperativism and reach 30 million members in 2027, according to the president of the…
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National
Economic activity in Uganda strengthens in May
KAMPALA – The overall economic activity as well as business conditions in Uganda continued to strengthen during the month of May, according to the latest Performance of the Economy Report released by…
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