Finance & Banking
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Government supports five cooperatives under ACDP in Masindi
MASINDI – The government has supported five cooperatives with more than Shs 900 million under the Agriculture Cluster Project (ACDP). The money is supposed to be used for the construction of shelters…
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Will the Parish Development Model end household poverty?
For more than 35 years, the government has come out with various approaches and mechanisms of fighting poverty with the bigger aim of moving the country into a middle-income status. Some of…
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Minister Kasolo causes arrest of DCO over Emyooga funds
SHEEMA – Sheema District Commercial Officer (DCO), Allan Buhanda has been arrested for alleged fleecing Emyooga funds. According to Frank Kyerere, the Resident District Commissioner (RDC) Sheema, Buhanda has been demanding Shs…
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Microfinance Support Centre (MSC) to establish an office in Masindi
MASINDI – As one way of bringing services closer to the people, Microfinance Support Centre (MSC) has decided to put an office in Masindi district to cater for the three districts of…
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Gulu City Council seeks Shs3.4 billion supplementary budget
GULU – Gulu City Council is seeking the approval of a Shs3.4 billion supplementary budget from Parliament in order to smoothly operate. The City Council has already gone five months without any…
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Indian investors seeking investment opportunities in Acholi sub-region
ACHOLI – A group of Indian investors are in search for potential investment opportunities in Acholi sub region. In December 2021, a delegation representing a group of more than 2000 investors in…
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ICT seeks 70b to implement the Parish Development Model
KAMPALA – The Ministry of Information, Communication and Technology (ICT) has earmarked Shs. 70.6 billion as a prerequisite for the implementation of the Parish Development Model (PDM). Presenting the Sector Budget framework…
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Vice President, Jesca Alupo buys shares at Millennium SACCO 2012 Ltd
ISINGIRO – Uganda’s Vice President Jesca Alupo bought shares worth Shs 5 million and promised to buy more at Millennium SACCO 2012 Ltd. Alupo bought shares while opening the SACCO’S new structure in…
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Local leaders in Rwenzori sub-region performing poorly in Emyooga program SC
KABAROLE: The Microfinance Support Center (MSC), Kabarole Zonal Manager, Emmanuel Mbogha has said, the Rwenzori sub-region local leaders are performing poorly in the Emyooga program. Mbogha said the general recovery of funds is…
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