Month: June 2024

Money lenders, SACCOs warned against holding clients’ IDs as collateral

KAMPALA, June 28, 2024 – Money lenders and, Savings and Credit Cooperatives [SACCOs] in the country that have a habit of holding on to national identity cards [ IDs] of their clients…

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Excitement as Abapiri Oil Seed Cooperative gets tractor

KWANIA, June 28, 2024 – Abapiri Oil Seed Cooperative Society Limited in Abapiri parish, Chawente Subcounty in Kwania district has received a new tractor, donated by the Agriculture ministry to boost crop…

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Nebbi: Emyooga SACCO leaders dodge meeting over fear of being arrested by security

NEBBI, June 28, 2024 – A section of Emyooga SACCO leaders in Nebbi Municipality recently shunned a meeting organised by the Office of the Resident District Commissioner [RDC], for fear of being…

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Centenary Bank says when women are given opportunity for financial inclusion, they can do miracles

KAMPALA, June 28, 2024 – The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024, Centenary Rural Development Bank exemplifies the spirit of this year’s…

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Uganda’s population stands at 45.9mln, says UBOS

KAMPALA, June 27, 2024 – Uganda’s population is now 45.9 million people, up from 34.6mln counted in 2014. This, according to Uganda Bureau of Statistics [ UBOS ], means that the human…

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Reconcile to offer better services – Masindi politicians, civil servants warned

MASINDI, June 27, 2024 – The Senior Presidential Advisor in charge of mobilisation Rtd. Lt. Col. Kibrai Mbako has advised political leaders and civil servants in Masindi district to reconcile if they…

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New coffee labeling requirements to take effect next week

HONOLULU, June 27, 2024 – The Hawaiian Coffee Labeling Act 211, which requires all Hawaii-branded coffee products to include a disclosure of the coffee’s origin and percentage of locally grown and other…

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Akii Bua Stadium construction starts in Lira City

LIRA, June 27, 2024 – Preparation for constructing Akii Bua Stadium in Lira City in memory of Uganda’s first Olympic gold medalist, John Charles Akii Bua, has kicked off after the government…

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AfDB secures US$ 18mln GEF funding for Zambezi Basin and E-waste projects

ABIDJAN, June 27, 2024 – The African Development Bank [AfDB] has secured more than US$ 18 million in funding from the Global Environment Facility [ GEF ] for two major projects aimed…

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Norinchukin Bank’s losses expected to grow to US$ 9.5bln

TOKYO, June 29, 2024 – Norinchukin Bank is expected to report US$ 9.5 billion [1.5 trillion yen] in net losses for the current fiscal year, about triple the projection given less than…

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