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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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Food and energy price shocks from Ukraine war could last for years
KAMPALA– The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through…
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News
Cooperators attend TUI’s Youth Leadership and Entrepreneurship Camp 2022, urged to create wealth
KAMPALA– About 40 youth from several cooperatives on the Coop360° Network are attending a four-day annual Kyoto Youth Leadership and Entrepreneurship Camp 2022, organised by The Uhuru Institute for Social Development [TUI].…
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Concentrate on Health Centre IVs, govt urged
KAMPALA– Government should prioritise the establishment of health centre IVs instead of hospitals in districts since the lower health units can handle obstetrics gynaecology and children’s illnesses, which make up most admissions…
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MPs urge govt to restore National Seed Company
KAMPALA – Parliament’s Committee on Agriculture, Animal Industry and Fisheries has said there is need to revamp the National Seed Company to curb counterfeit agricultural products on the Ugandan market. Chairperson Janet…
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News
Parliament asks govt to fast-track merger of agencies
KAMPALA-Members of Parliament have urged government to fast-track the cabinet decision to merge, mainstream and rationalise public institutions and agencies to facilitate efficient public expenditures. This is contained in the report of…
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News
UNBS urges Kombucha makers to observe hygiene standards
MITYANA – The Uganda National Bureau of Standards (UNBS) has urged all Kombucha manufacturers in the country to adhere to hygiene standards in addition to the other relevant Uganda standards that govern…
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Shocking: Italian Enrica Pinetti signed Shs284b coffee deal as witness
KAMPALA – It has emerged that Italian Enrica Pinetti in February 2022 only signed as a witness as the Government of Uganda inked Shs 284 billion controversial coffee agreement with Uganda Vinci Coffee…
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Cooperatives & Communities
Uganda Prisons SACCO loan book rise 31% in 2021
KAMPALA – Uganda Prisons Service (UPS) Savings and Credit Cooperative Society [SACCO] saw a growth in loans to members in 2021 as they rose by 31% to Shs 7.3 billion from Shs…
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