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East Africa
Drafting Constitution for the EAC Political Confederation: National consultations concluded in Kenya
NAIROBI – National consultations for Drafting the Constitution for the proposed East African Community [EAC] Political Confederation concluded in Machakos County, Kenya over the weekend. The 20-day consultations launched in Mombasa on…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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News
Bill regulating competition among businesses passed
KAMPALA – Parliament last week passed the Competition Bill 2022 aimed at facilitating fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks to…
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Finance & Banking
MPs approve over Shs 355bln loan for INVITE project
KAMPALA – Government’s request to borrow up to US $96 million [Shs 355.5bln] to finance the Investment for Industrial Transformation and Employment [ INVITE ] project has been okayed by Parliament. The…
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Finance & Banking
African Banker Awards 2023 winners announced as Co-operative Bank of Kenya boss excels
El SHEIKH – The African Banker Awards 2023 Gala Ceremony, the most prestigious event in the African banking calendar, took place last night at the Rixos Hotel in Sharm El Sheikh, Egypt…
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Africa
Africa set to be the second fastest growing region after Asia- new report
CAIRO – Africa is set to be the second fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks, the…
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East Africa
EAC Political Confederation Constitution: Ruto urges experts to deliver first draft by June 2024
NAIROBI-The President of Kenya Williams Ruto has urged the Committee of Experts tasked with drafting the Constitution for the proposed EAC Political Confederation to fast-track the process and have the first draft…
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Cooperatives & Communities
Celebrating 101 International Day of Cooperatives: MTIC begins preparations
KAMPALA– The Ministry of Trade, Industry and Cooperatives [ MTIC ] has started preparations to mark the 101 International Day of Cooperatives. The cooperative movement in Uganda will on July 1, 2023,…
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News
UHRC releases 25th annual report at parliament
KAMPALA – The Uganda Human Rights Commission [ UHRC ] has been commended for capturing socio-economic issues in their 25th annual report. Breaking away from the tradition of focusing solely on political…
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