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Gold and coffee exports hit record highs amid global donor funding cuts

Gold and coffee exports hit record highs amid global donor funding cuts

Uganda reports a record $6.5 billion in coffee and gold export earnings for 2025, providing a vital economic boost as the country faces significant cuts in global donor funding.Uganda's coffee exports soared 38% in October 2025, reaching $185.56 million, driven by robust Robusta and Arabic

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Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h

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North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

New Delhi, Dec 21 North Korea has emerged as the biggest threat to cryptocurrency security in 2025, even ...North Korean hackers steal $2 billion in crypto in 2025, remain top global threat | North Korean hackers steal $2 billion in crypto in 2025, remain top global threatNew Delhi,

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Luzzi lauds Mayiga as Kasubi tombs restoration nears completion

Luzzi lauds Mayiga as Kasubi tombs restoration nears completion

Kampala Central Member of Parliament aspirant Abraham Luzzi has commended the Katikkiro of Buganda, Owek. Charles Peter Mayiga, for steering the completion of the long and complex restoration of the Kasubi Tombs, one of Uganda’s most significant cultural heritage sites.The Kasubi Tombs,

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CID Director AIGP Magambo Speaks Out on Property Dispute Between Prof. Kateregga, Wife

CID Director AIGP Magambo Speaks Out on Property Dispute Between Prof. Kateregga, Wife

The Director of Criminal Investigations in the Uganda Police Force (UPF), Assistant Inspector General of Police (AIGP) Tom Magambo, has publicly distanced himself from an ongoing property dispute involving educationist Prof. Badru Kateregga and his wife, Mrs. Jolly Shubaiha Kateregga.For w

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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Kiryandongo targets 100% safe water coverage with Shs480m projects

Kiryandongo targets 100% safe water coverage with Shs480m projects

Anselm Kyaligonza joined by the community during the launch of the deep borehole at Kiruli-Kibura in Kigumba sub countyKiryandongo, Uganda: Kiryandongo District authorities have launched the drilling of deep boreholes and construction of production wells worth Shs477.5 million as part of a

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Uganda signs $2bn deal to boost oil infrastructure

Uganda signs $2bn deal to boost oil infrastructure

Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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