National
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MPs approve Shs 1.2trn to facilitate merged agencies
KAMPALA, February 10, 2025 – – Parliament has approved a supplementary budget of over Shs1.2 trillion to facilitate the transfer of funds from rationalised government agencies to the receiving institutions. The supplementary…
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Housing: Auditor General decries undercapitalisation of NHCCL in new report
KAMPALA, February 7, 2025 — The Auditor General Edward Akol, has urged the government to allocate more funds to the National Housing and Construction Company Limited [ NHCCL ] to enable the…
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Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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Only 21 percent of GROW project funds expended, says new report
HOIMA CITY, February 5, 2025 – In his latest audit report for the year ending December 31, 2024, Auditor General Edward Akol reveals that only 21 percent of the funds disbursed under…
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Urgent action needed on human-wildlife conflict, gov’t urged
KAMPALA, February 5, 2025 – Government’s failure to fully fund the Uganda Wildlife Compensation Scheme has left hundreds of victims of human-wildlife conflict without financial relief. According to the Committee on Tourism,…
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Don’t cut parliament’s budget, legislators warn Finance Ministry
KAMPALA, February 5, 2025 –– The Members of Parliament [MPs] on the Legal and Parliamentary Affairs Committee have protested the Ministry of Finance’s decision to slash Parliament’s budget by Shs 145 billion for…
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Challenges hinder performance of National Oil Seed Project
KAMPALA, February 4, 2025 — The National Oil Seed Project [NOSP], which aims to support farmers in 81 districts across Uganda, is facing significant setbacks that could affect its overall performance and…
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The Uhuru Institute, universities to revolutionise graduate skills development through cooperative apprenticeships
KAMPALA, February 4, 2025 – In a landmark move to bridge the gap between academia and practical skills development, The Uhuru Institute for Social Development [TUI] has entered a Memorandum of Understanding…
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Gov’t to prioritise debt management and economic growth in next five years
KAMPALA, February 3, 2025 –The government intends to prioritise debt management, domestic revenue mobilisation, and economic transformation in the next five financial years. This was revealed days ago in parliament by the…
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UCSCU let down as EBO SACCO opts for BoU regulation
MBARARA, 3rd February 2025 – The Vice Chairman of the Uganda Cooperative Savings and Credit Union [ UCSCU ], Stephen Bongonzya, has expressed his disappointment regarding some of the larger Savings and…
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