Uganda
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Finance & Banking
AfDB commits over Shs 1.1trn to renovate Kampala-Malaba railway line
KAMPALA-The African Development Bank [AfDB] Group is providing US$ 301 million [1.1 trillion] to overhaul the Kampala-Malaba Meter Gauge Railway [MGR] in Uganda. The railway line is part of the East African…
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Cooperatives & Communities
Minister Kwiyucwiny urges cooperatives to stabilise market prices
OTUKE-Cooperatives in northern Uganda have a role to play in stabilising market prices in the region by releasing a given quantity of the stored commodities to the market whenever prices seem to…
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Agriculture
MPs shocked as over Shs 50 bln silk project stalls in Sheema district
SHEEMA -Members of Parliament were days ago shocked after discovering that Tropical Institute of Development Innovations [TRIDI], which was given over Shs 57 billion by government for manufacturing silk in Sheema district,…
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News
Karamoja: Leaders to end cross-border criminality
KAABONG: Senior leaders and top security commanders in Karamoja Sub-region have pledged to do more to end cross-border criminality among the Dodoth in Kaabong district in Uganda and Turkana in Kenya. Their…
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Agriculture
GULU: NARO courts more farmers into growing new rice variety
GULU-The National Agricultural Research Organization [NARO] is courting farmers in Gulu district to join in the massive production of Namche 5 rice variety. The rice variety, which grows and yields well in…
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Africa
COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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Energy & Mining
670 youth in Bunyoro unlucky as they miss CNOOC training
KIKUUBE-670 out of the 700 youth in the Bunyoro Sub-region who applied to train as heavy machine operators in the oil and gas industry were not considered as they did not possess…
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Energy & Mining
Uganda relieved as intercontinental summit clears EACOP project
MAPUTO — The Africa, Caribbean, Pacific -European Union [ ACP-EU ] Joint Parliamentary Assembly sitting in Maputo City, Mozambique on Wednesday voted to let Uganda proceed with developing the much-needed East African…
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Development
Adjumani journalists petition gov’t over violation of their rights
ADJUMANI- Concerned journalists from the west Nile region and especially the three districts of Moyo, Adjumani, and Obongi yesterday delivered a petition to the office of the resident district commissioner Adjumani, protesting…
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Finance & Banking
Uganda scores high in 2022 Absa Africa Financial Markets Index
KAMPALA– African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, Officicial Monetary Financial Institutions Forum [OMFIF] said as it released 2022 Absa…
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