Regions
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Capital for microfinance institutions set at Shs 5 billion
KAMPALA– Microfinance Deposit Taking Institutions [MDIs] be required to have minimum capital of Shs 5 billion in order to operate in Uganda. The is contained in a statutory instrument on revision of…
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Kenya: Top SACCOs named
NAIROBI – Kenya National Police Deposit-Taking [DT] SACCO was picked as the best managed SACCO in the country during the 101st International Day of Cooperatives celebrations, marked as Ushirika Day in Kenya.…
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PDM: Shs 36mln mismanaged in Amolatar as lunatic among ghost beneficiaries
AMOLATAR – Police in Amolatar district are investigating the alleged mismanagement of Shs 36 million meant for the beneficiaries of the Parish Development Model [PDM]. The Amolatar district LC5 chairperson, Geoffrey Ocen…
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Lack of land delays establishment of Bunyoro University
HOIMA – The taskforce committee which was appointed by the Minister of Education and Sports, Janet Kataaha Museveni to spearhead the establishment of the proposed Bunyoro University says they are struggling to…
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YLP funds recovery rate in Lira City at 29 percent
LIRA – The recovery of funds disbursed to the youth in Lira City under the Youth Livelihood Programme [ YLP ] stands at 29 percent, according to officials. Lira City first received…
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MP Apea boosts Amolatar VSLAs with over Shs 130mln
OMOLATAR – Amolatar district Woman Member of Parliament, Dr Agnes Apea has donated Shs 135 million to 480 Village Savings and Loans Associations [VSLAs] in the district. While handing over a cheque…
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Kakumiro: PDM SACCOs to receive Shs 11bln
KAKUMIRO – The State Minister for Kampala, Kabuye Kyofatogabye officially launched the disbursement of a total of Shs 11 billion to the beneficiaries of the Parish Development Model [PDM] in Kakumiro district…
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New research okays use of solar lights for fishing
ENTEBBE – New scientific research has established that the usage of solar lights by the fishing communities on Lake Victoria and Lake Albert in fishing is safe and environmentally friendly. Fishing lights…
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Misuse of PDM funds worries Acholi leaders
GULU – Leaders in Acholi Sub-region are worried that the recently disbursed Parish Development Model [ PDM ] funds will leave the targeted beneficiaries still poor because they have spent the money…
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Fighting climate change: Farmers urged to embrace agroecology
FORT PORTAL – Farmers in Fort Portal City and the rest of Rwenzori Sub region have been urged to embrace agroecology as one way of addressing the current global threats caused by…
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