Trade
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Technology
Online tool to measure performance of One Stop Border Posts in EAC unveiled
ARUSHA – The East African Community [EAC] has unveiled an online tool to measure the performance of the 22 One Stop Border Posts [OSBPs] across the region. The EAC Secretary General in…
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Cooperatives & Communities
Ngora: 58 PDM SACCOs stuck with cash in bank accounts
NGORA – A total of 58 Parish Development Model Savings and Credit Cooperative Societies [PDM SACCOs] in Ngora district are yet to distribute the funds to the beneficiaries despite the district launching…
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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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Cooperatives & Communities
Less than half of Emyooga SACCOs in Fort Portal City apply for permanent registration
FORT PORTAL – Out of the 36 Emyooga SACCOs registered in Fort Portal City, only 17 of them have applied for permanent registration, according to the city principal commercial officer, Michael Karwani.…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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Cooperatives & Communities
2023/2024 budget: Govt earmarks over Shs 1trn for SACCOs
KAMPALA– Government has earmarked Shs 1.177 trillion for various SACCOs in the upcoming 2023/2024 financial year, according to State Minister for Microfinance, Haruna Kasolo. Parliament yesterday approved the Shs 52trn budget for…
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East Africa
Commitments to Common Market Protocol bedrock of trade integration-EAC boss
ARUSHA – East African Community [EAC] Partner States’ commitments to the Common Market Protocol is the bedrock of trade integration in the bloc, EAC Secretary General, Dr. Peter Mathuki, has said. Mathuki…
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International
USDA releases Black Sea trade vulnerability dashboard
WASHINGTON – Today the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) released a dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through…
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International
Global economy’s “speed limit” set to fall to three-decade low
WASHINGTON – The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is…
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Cooperatives & Communities
Emyooga SACCOs urged to apply for permanent registration
FORT PORTAL – Emyooga SACCOs in the Rwenzori Sub-region have been advised to apply for the permanent registration before their probation certificates expire. Joseph Lutalo, the assistant registrar of cooperatives in the…
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