Finance & Banking
-
Savings groups warned against sharing savings for Christmas
Rogers Byamukama, the Federation of Uganda Football Association’s (FUFA) delegate for the Albertine region, has condemned the practice, widespread among savings groups in Masindi district, of sharing their savings among members to…
Read More » -
Masindi Central market vendors revive SACCO after 5-year break
Members of Masindi central market savings and credit cooperative society have revived their SACCO after a five-year break. According to its Chairperson, James Masaba, the SACCO had collapsed after the previous leadership…
Read More » -
Pakwach: Rising L. Albert waters destroy local businesses
Business owners in Panyimur Town Council, Pakwach district, are in tears over the rising levels of Lake Albert that have submerged several business premises in the area, leading to loss of income…
Read More » -
Prioritize EAC integration, Museveni urges
President Yoweri Museveni has asked local leaders to focus on East Africa’s integration, saying Ugandans stand to gain more from being able to access the larger regional market than being limited to…
Read More » -
Nebbi traders bitter over creation of rival market
Traders in Nebbi main market are bitter over the creation of a rival market at the district’s Mayor’s garden which they say has affected their businesses. Mayor’s garden temporary market was created…
Read More » -
COVID-19 leads to 35% drop in Nebbi municipality revenue
Nebbi Municipality has recorded a 35% drop in revenue collection as a result of the COVID-19 pandemic’s toll on businesses. This has affected service delivery and led to suspension of some of…
Read More » -
Masaka Cooperative Union sets up credit arm to support members
In December 2019, Masaka Co-operative Union formed a financial cooperative to boost coffee production capacity in the region. For the last 70 years, Masaka Co-op union has worked with primary societies involved…
Read More » -
MUK don urges government to quickly resolve MUBS staff salary disparity
Dr. Deus Kamunyu Muhwezi, the Chairperson of the Forum for Academic Staff in Public Universities (FASPU) called on government to resolve the outstanding issue of salary disparity for academic staff at Makerere…
Read More » -
Shs 40m Museveni cash splits Nebbi vendors
Vendors in Nebbi main market under their umbrella, Nebbi Vendors Association, are at loggerheads over a Shs 40m presidential grant meant to help them kick start a SACCO. The money, which was…
Read More » -
More Karamoja saving groups collapse as COVID-19 continues to bite
Several village saving groups in Moroto district have collapsed as a result of the COVID-19 that led to the collapse of many businesses. A survey conducted out by theCooperator last week in…
Read More »