News
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Serere youth urge gov’t to invest more in skills development and increase funding
SERERE, September 16, 2024 – Youth leaders in Serere district are calling on the government to increase its investment in skill development programmes to address youth unemployment. The appeal was made during…
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Hoteliers urge UDB to cut borrowing rate to single digit
KAMPALA, September 16, 2024 – Hoteliers and investors in Uganda’s hospitality sector are calling for a reduction in the borrowing rate charged on loans provided by the Uganda Development Bank [UDB], which…
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Coca-Cola unveils initiative to address water-related challenges in Africa
KAMPALA, September 16, 2024 — The Coca-Cola Company in Africa and its bottling partners Coca-Cola Beverages Africa [CCBA], Equatorial Coca-Cola Bottling Company [ECCBC] and Coca-Cola HBC are to invest nearly US$ 25…
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Over Shs 9.4bln goes missing at Rwampara Ranching Cooperative
MBRARARA CITY, September 16, 2024 – Members of the Rwampara Ranching Cooperative Society Limited in Rwampara district have petitioned the Ministry of Trade, Industry, and Cooperatives [MTIC] to investigate the disappearance of…
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SACCO Supervision Annual Report 2023 released in Kenya showing industry growth
NAIROBI, September 15, 2024 – The Kenyan Cabinet Secretary for the Ministry of Cooperatives, Micro, Small & Medium Enterprises [MSMEs], FCPA Wycliffe Ambetsa Oparanya recently released the SACCO Supervision Annual Report 2023…
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China Bridge commits to bringing innovative EPC and financing solutions to African projects ahead of AEW 2024
CAPE TOWN, September 15, 2024 — Maritime and energy firm China Bridge Energy is assessing project opportunities across Africa with a view to creating win-win collaborations and advancing the development of cost-effective…
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Parliamentary SACCO posts Shs 9.6bln in gross income
KAMPALA, September 14, 2024 — The Speaker of Parliament, Anita Among, has hailed the Uganda Parliamentary Savings and Credit Cooperative Society [Parliamentary SACCO] for its continuous expansion following a Shs 9.6 billion…
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EAC and IGAD to roll out digital integration project to boost connectivity, access and economic growth
ARUSHA, September 14, 2024 — The East African Community [EAC] and the Intergovernmental Authority on Development [ IGAD ] are set to commence implementation of the Eastern Africa Regional Digital Integration Project…
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URA weighs SACCO tax refund
KAMPALA, September 13, 2024 – There is hope that an interminable tax dispute pitting local Savings and Credit Cooperative Organisations [SACCOs] against the Uganda Revenue Authority [URA] is approaching resolution. The dispute,…
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King Oyo urges subjects to plant trees to combat climate change
FORT PORTAL, September 13, 2024 — King Oyo Nyimba Kabamba Iguru Rukidi IV of Tooro marked his 29th Coronation Anniversary with a passionate appeal to his subjects and the public to plant…
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