Private sector credit to agricultural sector has increased from Shs562 billion in 2013 to Shs1.53 trillion in 2018, figures from the Bank of Uganda (BoU) show. The increased lending from commercial banks is attributed to the introduction of Agricultural Credit Facility (ACF) in 2009 to provide medium to long term
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The Ugandan and Kenyan government with the mediation of the United Nations-UN have agreed on joint collaboration to promote peace at the different border points especially in places with Normads and Pastoralists. The agreement comes following week long discussions between different stakeholders including the Karamoja Affairs Minister, John Byabagambi, Eugene
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Only four percent of East African CEOs are willing to train their staff to match required digital capabilities at the workplace, a new study has shown, ranking them way below the 44 percent of global CEOs who are ready to impart the skills to their employees, Business Daily reports. The
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By AFP A plastic bag ban comes into force in Tanzania on Saturday, as Africa leads efforts to stem the tide of plastic blighting the farthest reaches of the globe, and depths of the ocean. Tanzania is banning the importation, production, sale and use of plastic bags, becoming the 34th
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National Drugs Authority-NDA has closed an estimated 270 illegal drug shops in Northern Uganda, URN reports. This follows an impromptu crackdown on illegal drug shops conducted in the 16 districts in the region within the past week. The operation covered the districts of Gulu, Pader, Kitgum, Nwoya, Lamwo, Agago,
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The Uganda shilling was ranging, oscillating up and down in a non- directional market. The unit opened the week stable, surrendered ground mid- week and at close of the trading, the shilling marginally strengthened supported by interbank selling. The trading was kept within the levels of 3755-3765. In the Interbank
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