Our Reporter
-
Cooperatives & Communities
Bugisu religious leaders urge coffee farmers to deal with BCU
SIRONKO– Religious Leaders from Bugisu Sub-region have urged coffee farmers from Sironko and Bulambuli districts to work with Bugisu Cooperative Union [BCU], saying the cooperation will lead to the development of the…
Read More » -
Finance & Banking
Uganda scores high in 2022 Absa Africa Financial Markets Index
KAMPALA– African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, Officicial Monetary Financial Institutions Forum [OMFIF] said as it released 2022 Absa…
Read More » -
Energy & Mining
EACOP: TotalEnergies boss snubs European Parliament invite
KAMPALA-Patrick Pouyanne, the Chairman and Chief Executive Officer of TotalEnergies has declined to appear before the European Parliament’s sub-committee on Human Rights, saying legislators there took a tough yet deeply biased decision…
Read More » -
East Africa
EAC to set up Diaspora desk to facilitate investment and trade in the region
ARUSHA – The East African Community [EAC] is setting up a Diaspora desk that will focus on facilitating East Africans living in the diaspora to invest and trade in the region. EAC…
Read More » -
Development
Africa’s exports fell 11.9 percent in August 2022, Uganda is the reason why
KAMPALA-Exports of all forms of coffee from Africa dropped by 11.9 percent to 1.24 million bags in August 2022 from 1.4mln bags sold in August 2021, according to International Coffee Organisation [ICO],…
Read More » -
Development
BCU to arrest members over failure to pay back loans
NAMISINDWA-Bugisu Cooperative Union [ BCU ] chairman Nathan Nandala Mafabi has told cooperative societies members who have failed to pay back the loans acquired from the union that they will be arrested…
Read More » -
Development
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…
Read More » -
Development
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…
Read More » -
Cooperatives & Communities
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…
Read More » -
News
Help us: KACITA petitions parliament over cost of doing business
KAMPALA-Traders belonging to Kampala City Traders Association [ KACITA ] have petitioned the Deputy Speaker of Parliament, Thomas Tayebwa, on the high costs of doing business and prayed that government stops selective…
Read More »