News
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DFCU’s pre-tax profits fall by 67.8% in 2021
KAMPALA – Business for DFCU was mild last year as the institution’s gross profits curve fell by a hefty 67.8%, blamed on rolling lockdowns brought on by the global pandemic. In a…
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Lira based Indian investor losses sunflower worth Shs100m
LIRA – An Indian investor in Lira City has lost 54 tons of sunflower seeds worth Shs100m to suspected thieves. The grains according to sources, started disappearing in January but the proprietor…
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Population growth threatening sustainable land use in Teso sub-region
SOROTI – The current population growth is threatening sustainable land use in Teso sub-region. Figures from the National Population Council (NPC), a state agency that advises the government on population issues, show that…
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Putting Principle Six in action makes co-ops thrive
US -The sixth cooperative principle (Cooperation amongst cooperatives) provides cooperatives a crucial advantage, enabling them to work together on joint projects, lower costs and exchange knowledge. This is the case at the…
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UMEME sees slight jump in gross profit as it seeks extension of concession beyond 2025
KAMPALA – Uganda’s electricity distributor, UMEME earned some profit in 2021 even as the country was placed under covid-19 lockdown as a way to curtail the fast spread of the deadly virus…
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Standard Chartered Bank renovates classroom block, plants over 300 trees at Salaama School For the Blind
MUKONO – Over 40 staff of Standard Chartered Bank days ago volunteered in a community initiative at Salaama School For the Blind in Kisoga – Mukono where they renovated a classroom block…
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UNBS launches standard to facilitate commercialisation of edible insects
KAMPALA -Ugandans who enjoy eating edible insects like grasshoppers (Nsenene) now stand a better chance of enjoying better quality as a standard of safe production, handling and consumption has been released by…
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Ntoroko cooperators urged to utilise their SACCOs effectively
NTOROKO – The Ntoroko district Chairperson William Kasoro has urged cooperators to utilise their savings and credit cooperative societies (SACCOs) effectively to buy more shares. Kasoro said, most of the cooperative members…
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Refugees, host communities scramble for access to agricultural land in Obongi district
OBONGI – Host communities and South Sudanese refugees in Palorinya sub-county in Obongi district are scrambling for access to fertile land for agricultural practices. Palorinya sub-county has a total of 47,297 South…
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Government will embrace technology to track corruption tendencies by 2023
MBARARA – The Permanent Secretary, Ministry of Finance, Planning and Economic Development, Dr Ramathan Ggoobi has said government agencies and ministries will embrace technology to track corruption tendencies. Dr Ggoobi made these…
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