Month: September 2022

Credit risk remains high as local banks see 7.1 percent profit growth

KAMPALA-Risks for commercial bank lending in the country remain elevated due to slow credit growth, lingering concerns over asset quality, and high write-offs as banks clean up their loan book of COVID-19…

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Illegal fishing: MPs disagree with Museveni on key proposal

KAMPALA-The Members of Parliament have rejected a proposal by President Museveni to include the Uganda People’s Defence Force [ UPDF ] in the Fisheries and Monitoring Unit, under the Fisheries and Aquaculture…

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Makerere University at 100: Tayebwa pushes for increased funding of higher institutions

KAMPALA – The Deputy Speaker of Parliament, Thomas Tayebwa has urged government to increase the funding for Makerere University and other public institutions of higher learning to be able to do more…

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Museveni impressed by Emyooga, insists PDM will be funded

ENTEBBE– President Museveni has encouraged Ugandans to embrace government development programmes such as Emyooga and others if they are to get out of poverty. Museveni made the remarks recently while addressing the…

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Nakuru County co-ops promised Kshs 1bln each year

The new Nakuru County Governor Susan Kihika has pledged to support cooperative societies with Ksh1 billion [Ushs 32 billion] every year to boost their economic activities, according to Sacco Review. Speaking at…

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Forgive us our sins: Rwampara, Ngora officials return stolen PDM cash

MBARARA-Rwampara District Chief Administrative Officer, Stephen Rubaihayo and District Production Officer, Athanathias Gumisiriza have returned Parish Development Model [PDM] cash they had stolen after they were arrested by police. The arrest followed…

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Energy co-ops weigh the costs of the world’s power supply crisis

LONDON– The energy crisis is forcing price hikes around the world; in the UK, millions are in fear of fuel poverty as winter looms, and many businesses are concerned about unaffordable fuel…

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Alebtong district to get skills centre for vulnerable youth and women

ALEBTONG-Dorcas Foundation for Relief and Development, a community-based organisation is in advanced preparations to construct a centre for skilling the vulnerable youth and women in Alebtong district. According to Dorcas Acen, the…

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PDM: Oyam leaders call for splitting of district.

OYAM – Some political leaders in Oyam district are agitating for the splitting of it into two, claiming it would ensure the effective implementation of the Parish Development Model [PDM]. The politicians…

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Ebola outbreak: Kabarole RDC urges locals to be vigilant

KABAROLE–  The Kabarole Resident District Commissioner, Festus Bandeeba has asked locals in his district to be vigilant and report any suspected cases of Ebola to the authorities. Bandeeba who doubles as the…

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