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Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in

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Floods kill at least 110 people after heavy rain in Nigeria

Floods kill at least 110 people after heavy rain in Nigeria

At least 110 people have died in floods caused by torrential rain in central Nigeria, officials have told the BBC.The downpours lasted for several hours, said the head of the Niger State Emergency Management Agency (Nsema), Abullahi Baba-Arah.He added that "surging

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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Kyabazinga Rallies Stakeholders to Combat Rising Teenage Pregnancies, School Dropouts in Busoga

Kyabazinga Rallies Stakeholders to Combat Rising Teenage Pregnancies, School Dropouts in Busoga

The Kyabazinga of Busoga, William Wilberforce Gabula Nadiope IV, has convened a high-level meeting with education stakeholders to address the persistent rise in school dropouts and teenage pregnancies in the kingdom.The meeting, held at Igenge Palace in Bugembe, Jinja City, followed a lett

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Experts Call for Sustainable Charcoal Production Instead of Bans

Experts Call for Sustainable Charcoal Production Instead of Bans

Environmental experts have said there is need for sustainable charcoal production mechanisms, instead bans.Speaking during a forum on 10+ Years of Forest and Climate Action in Uganda: Lessons and Knowledge Sharing from European Union-Funded Projects” at Mestil Hotel in Kampala, experts f

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Museveni Signs Sugarcane Amendment into Law

Museveni Signs Sugarcane Amendment into Law

President Museveni has signed the Sugarcane (Amendment) Act into law, promising renewed support for both sugarcane farmers and millers and reaffirming government’s role in reforming the agricultural sector.The President commended the Speaker and Deputy Speaker of Parliament for what he c

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Mauritania’s Sidi Ould Tah Elected New President of AfDB

Mauritania’s Sidi Ould Tah Elected New President of AfDB

Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors

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New Public Investment Policy to Drive Economic Transformation

New Public Investment Policy to Drive Economic Transformation

The Ministry of Finance and aeocnokic Planning has launched the National Public Investment Management (NPIM) Policy, a strategic framework designed to ensure better planning, accountability, and efficiency in the use of government resources.The launch comes at a critical juncture as the co

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Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

It was a night to remember as Opportunity Bank Uganda scooped nine awards at this year's Agricultural Credit Facility Awards(ACF) organised by Bank of Uganda.The awards ceremony was held at the Sheraton Hotel, Kampala to mark 15 years of  the transformative ACF loan scheme,

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Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign

Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local

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