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Speaker Among Admits Getting OPM Iron Sheets, Blames Minister Kitutu & Tells Her To Carry Own Cross

Speaker Among (L) interacting with lawmakers Speaker Anita Among has admitted receiving the controversial OPM iron sheets but she has put the blame on the embattled Minister for Karamoja Affairs, Mary Kitutu. The Speaker says Kitutu should not drag other Ministers and government officials into the theft and disappearance of relief iron sheets

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Analysis & OpinionsBanking

Banks Extend More Loans To Customers As Economic Recovery Continues, NPLs Reduce

Banks are lending more to customers/Courtesy photo The value of credit approved by banks for disbursement in December 2022 amounted to Shs1.58 trillion, an increase from Shs 1.139 trillion the previous month, Ministry of Finance’s Performance of the Economy Monthly Report for January 2023, says. “This represents an approval rate of 77.6% in comparison to

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Analysis & OpinionsICT

Towards a More Open and Accountable Future: The Role of Regulation and Transparency In The Blockchain Industry

By Nadeem Anjarwalla For the cryptocurrency industry, 2022 was a year of immense upheavals, causing governments, consumers, and other associated stakeholders to question the debated topics of trust, credibility, and user protection in the cryptocurrency industry. Overall, this has created a need for organizations and leaders within the space to

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AgribusinessAnalysis & Opinions

Uganda Earns Shs250.4bn From January Coffee Exports As Reduced Supplies From Brazil, Vietnam Keeps Prices High

Coffee is Uganda’s leading cash crop and top foreign exchange earner Uganda’s coffee exports in January 2023 amounted to 494,226 60-kilo bags worth US$ 67.35 million (UShs250.4bn), Uganda Coffee Development Authority (UCDA) has said its monthly report for January 2023. This comprised 412,282 bags of Robusta valued at US $49.57 million

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Sensitize Farmers About Agriculture Credit Facility, BoU Boss Tells Banks

Deputy Governor Michael Atingi-Ego addressing media in Kasese. He wants farmers to utilize the ACF   The Bank of Uganda Deputy Governor, Michael Atingi-Ego has tasked commercial banks and other financial institutions to sensitize farmers about the availability of the Agricultural Credit Facility (ACF) to enable them access favorable loans. He also wants commercial

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