Finance & Banking
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Cooperatives Fail The Loans Acquisition Test
NWOYA – Without assets to stake as collateral, cooperative societies in the northern district of Nwoya have failed to snap up agricultural loans available in several banks. John Bosco Odong, a member…
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Amuru Traders Stuck With Piles Of Rotting Food
AMURU – To traders in Amuru, piles of rotting food stuck on their market shelves are a sour pain inflicted by the government’s recent cross border movement restrictions of Elegu border. These…
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Cooperative Goes Into Money Lending
GULU – A savings and loans services association formed in 2019 by West Acholi Cooperative Union has soared to new heights of growth – through money lending of about Shs 10,000 to…
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Youth told: Greed For Money Is Killing You
KWANIA – In a training meeting with youth leaders from Kwania District, Dr Joseph Odongkara Abraham, a former principal commercial judge in the UK, offered some honest advice: “You have remained poor…
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Gulu Taxi Operators Protest High Taxes
GULU – Gulu Taxi Operators and Transporters’ Cooperative members staged a protest recently at the office of the city resident commissioner to draw attention to what they called high monthly taxes slapped…
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Gulu City Inks Garbage Landfill Deal
GULU – Gulu City Council authorities have inked a Shs 3.5 billion deal with German Development Corporation for the construction of a garbage landfill in the city. The garbage landfill, measuring about…
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Lira Main Market On Brink Of Ruin
LIRA – Business in the new Lira Main Market is limping and troubled, six years after the market was officially opened in 2015. Business in the market has edged down and traders…
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Aduku Council Boss Warns Boda-Boda Riders
ADUKU – Obaya Keny James, the town clerk of Aduku Town Council, has told boda-boda riders that their life of pleasures must be tempered with caution. He said their knack for lavish…
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SACCO Demands Leadership Audit
SHEEMA – Members of Kitagata Savings and Credit Co-Operative Society have signed a petition urging the Chief Executive Officer of Uganda Microfinance Regulatory Authority, UMRA, to audit the SSACCO leadership. In their…
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Women Groups Applications For Cash Drop In Lira
LIRA – Applications for cash grants by women groups to Uganda Women Entrepreneurship Program (UWEP) are on the decline in the northern district of Lira, we are told. UWEP was launched in…
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