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Cooperatives & Communities
Minister asks SACCOs to charge low interest rates
KAMPALA– Savings and Credit Cooperatives Organisations [SACCOs] in the country must not charge members above 18 percent interest on loans taken, Haruna Kasolo Kyeyune, the State Minister for Microfinance has said. Minister Kasolo…
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News
MPs quiz French diplomats over oil exploration
KAMPALA– Opposition Members of Parliament [MPs] want the French government to stop oil companies domiciled in the country from exploiting Uganda’s fossil fuels, especially oil, saying they are not adhering to Paris…
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WHO highlights glaring gaps in regulation of alcohol marketing across borders
KAMPALA– A new report from the World Health Organization [ WHO ] highlights the increasing use of sophisticated online marketing techniques for alcohol and the need for more effective regulation. It shows…
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BoU holds CBR at 6.5 percent for April 2022
KAMPALA – The Bank of Uganda [BoU] has maintained the Central Bank Rate (CBR) at 6.5 percent. The decision was taken during the Monetary Policy Committee (MPC) meeting of April 2022. BoU…
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US$2bln facility geared to African banks and FIs
KAMPALA– The Africa Finance Corporation (AFC) will on Thursday this week in a webinar present the US$2billion facility to provide African banks and financial institutions [FIs] with liquidity to support Africa’s economic…
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Cooperatives & Communities
UMPCU to hold AGM this May
KAMPALA-Member cooperatives of Uganda Meat Producers Cooperative Union [UMPCU] Limited will hold their Annual General Meeting [AGM] on May 26, 2022, according to the Union’s Board Secretary James Tukaikiriza. UMPCU is owned…
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Cooperatives & Communities
MP to move motion asking govt to rejoin International Coffee Agreement
KAMPALA-Legislators of Parliament of Uganda will this Thursday discuss important matters in agriculture particularly, coffee and tobacco sub-sectors, according to Tuesday’s Order Paper that contains a motion on each of the sectors.…
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News
The power of co-operatives: Europe’s elite football clubs are owned by fans, Uganda has long way to go
KAMPALA – There is no doubt that many Ugandans love football and are keen fans of football clubs. As fans, they support local clubs like; SC Villa, Express FC, KCCA, Vipers and others.…
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MPs urge govt to draft comprehensive policy on tax collections
KAMPALA– Members of Parliament [MPs] on Thursday passed a motion urging the government to develop a comprehensive policy to streamline tax collection processes in the country. At a plenary sitting chaired by…
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PAC orders Mulago to let interdicted boss to access office
KAMPALA– The Chairperson of Parliament’s Public Accounts Committee, Medard Sseggona has directed Mulago National Referral Hospital to allow the interdicted Executive Director, Dr. Baterana Byarugaba to temporarily access office. MP Sseggona directed…
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