Uganda
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News
African regulators and utilities meet over the 2022 Electricity Regulatory Index
NAIROBI– The African Development Bank [ AfDB ] recently held a two-day workshop for electricity sector regulators and utilities on its annual flagship report, the Electricity Regulatory Index for Africa [ERI]. The…
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Cooperatives & Communities
DR Congo and Uganda security officials meet over cross-border smuggling
NEBBI- Ugandan security officials in Nebbi district and their counterparts from DR-Congo’s Mahagi Territory, in Eastern Ituri Province met on Tuesday to discuss the rise in the smuggling of goods between the…
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News
BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
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News
South Sudanese refugees establish own Sacco
LAMWO– After failing to access loans from commercial banks and other financial institutions, South Sudanese refugees in Lamwo Refugee Settlement have decided to form their own Paluda Farmers’ Sacco to serve them…
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Cooperatives & Communities
Global coffee exports decline in April 2022
KAMPALA– Global exports of green beans in April 2022 totalled 9.86 million bags, compared with 10.16mln bags in the same month of the previous year, according to International Coffee Organization [ICO]. ICO…
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News
UPDF, FARDC commanders meet in Fort Portal to review Operation Shujja
FORT PORTAL– Commanders of Uganda People’s Defence Forces [ UPDF ] and their counterparts of the Armed Forces of DR Congo [FARDC] have met in Fort Portal to review the progress of…
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News
Uganda, DR Congo hold business summit to boost business
KAMPALA- In an initiative to open up the business relationship between Uganda and DR Congo, the business community in the two neighboring countries have organised a series of business summits to strengthen…
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News
Back off EACOP, official tells European activists
KIKUUBE– The Deputy Managing Director of the East African Crude Oil Pipeline [ EACOP ], John Bosco Habumugisha has expressed concern over a group of environmental activists from European countries who are…
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Cooperatives & Communities
Stanbic Bank launches Shs 50 billion fund for Saccos in Northern Uganda
GULU -Stanbic Bank Uganda has launched Shs 50 billion fund in Northern Uganda to support Saccos in the agro-processing as the bank aims to boost the agricultural value chain in the country.…
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