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With surging prices, cocoa is fast becoming a sweet opportunity for Nigeria’s farmers and investors

Nigeria’s cocoa industry is emerging as a key driver of economic diversification. With growing global demand and surging investments, the sector could unlock new revenue streams and strengthen the country’s non-oil economy. SPECIAL REPORT | BIRD AGENCY | Nigeria’s cocoa industry is undergoing a transformation, characterized by record-high prices, soaring …

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Bold new look for Guinness Smooth

Kampala, Uganda | THE INDEPENDENT | In a bold move to reimagine its identity, Guinness Smooth has introduced a vibrant and expressive new look for its packaging and brand world. Known for its irresistibly smooth taste, Guinness Smooth’s fresh design reflects the bold, vibrant, and dynamic spirit of its loyal …

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Stanbic Bank Uganda welcomes new CEO Mumba Kalifungwa

  Kampala, Uganda | JULIUS BUSINGE | Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits, the lender said in a statement issued today – March 3. His appointment was first announced in December of …

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FPU impounds immature fish worth sh50 million

Jinja, Uganda | THE INDEPENDENT | Authorities have impounded immature fish worth Sh50 million in an intelligence-led operation conducted on Sunday at various homes near major landing sites in Jinja City. The Fisheries Protection Unit (FPU), working with the Association of Fishers and Lake Users of Uganda (AFALU), recovered approximately 2,000 …

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Hot weather, rising food prices push up inflation in Uganda

Kampala, Uganda | THE INDEPENDENT | The effects of harsh weather conditions are not only causing discomfort for Ugandans but are also impacting the economy, with rising food prices contributing to inflationary pressures. The latest Consumer Price Index (CPI) report from the Uganda Bureau of Statistics (UBOS) shows that annual …

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Public Finance Management experts urge governments on corruption, debt management, and tax policy

KAMPALA, UGANDA | Julius Businge | Public Finance Management experts have urged African governments to take deliberate steps to improve tax-to-GDP ratios, manage public debt responsibly, and intensify the fight against corruption through effective Public Finance Management (PFM) reforms. Speaking at the second edition of the Public Finance Management Conference for …

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