Sectors
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Pader district farmers get ox-ploughs to boost production
PADER – Hundreds of farmers from various sub counties in Pader district have received ox-ploughs to boost their farming. The 180 ox-ploughs were distributed by Country Side Harvester, a farmer-led organisation to…
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NSSF total assets shoot up 15.3 percent in March 2022
KAMPALA– The National Social Security Fund [NSSF] issued a transparency statement showing that its total assets as at March 31, 2022 increased by 15.3 percent to about Shs 16.86 trillion from Shs…
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Muslims in Uganda urged to form SACCOs
KAMPALA– Muslims in Uganda have been advised to form Saving and Credit Cooperatives [SACCOs] if they are to benefit from government’s poverty eradication programmes such as Emyooga and Parish Development Model [PDM].…
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Gulu University seeks Shs 27b to set up juice producing factory
GULU – Gulu University is seeking at least Shs27 billion to set up a complete, independent juice processing factory. Last year, the University launched the “Gulu University Muyeme Juice” pilot project which majorly…
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Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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Centenary Bank gross profit surge 33.6 percent
KAMPALA- Centenary Bank earned gross profit of about Shs 288.5 billion in 2021, which was 33.6 percent growth when compared to about Shs 216 bln earned in 2020. The bank’s Managing Director…
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New cooperative policy: Indian states suggest FDI, age limit for board members
NEW DELHI -Allow foreign direct investment (FDI) in the cooperative sector, particularly in Primary Agricultural Cooperative Societies (PACS) to improve infrastructure; fix an upper age limit of 70 years for board members…
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KCCA opens court to receive property rate cases
KAMPALA – Kampala Capital City Authority (KCCA) Council has approved a new Valuation Court. The court will be responsible for receiving complaints from the landlords aggrieved by the property tax valuations. Samuel…
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