Development
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EAC and TMA unveil innovative app to revolutionise trade by eliminating NTBs
ARUSHA, December 11, 2023 – In a groundbreaking development for regional trade, the East African Community [ EAC ] Secretariat days ago unveiled a new mobile application [App] dedicated to the elimination…
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AfDB approves US$ 66mln loan for equity enhancement of Tanzania Agricultural Development Bank
DODOMA, December 11, 2023 – The African Development Bank [AfDB] has approved a US$ 66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank [TADB]. According…
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Stanbic Bank gives PDM SACCOs free Flexipay smartphones
NAMAYINGO, December 7, 2023 – Stanbic Bank Uganda has rolled out a new initiative aimed at enabling Parish Development Model [PDM] Savings and Credit Cooperative Organisations [SACCOs] access their money with ease.…
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Parliament approves loan to digitalise entire country
KAMPALA, December 7, 2023 – Government is on course to digitalise the entire country, with every individual able to access the internet, the Minister of Information, Communication Technology and National Guidance, Dr.…
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Government cleared to acquire funds to modernise agriculture
KAMPALA, December 7, 2023 – Parliament has authorised government to borrow up Shs 1.23 trillion from the International Development Association of the World Bank, to finance the Uganda Climate Smart Agricultural Transformation…
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Patio: A global network of software cooperators democratising the tech sector
LONDON, December 7, 2023 – Patio, a global community of worker-owned cooperatives is working to boost intercooperation among cooperatives worldwide, by sharing knowledge, job opportunities and human resources. Patio, which specialises in…
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COP28: Africa could lose US$ 25bln per year as new EU carbon tax comes into effect, warns AfDB President
DUBAI, December 7, 2023 – African Development Bank [AfDB] President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalising…
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Electricity: Energy Ministry seeks Shs 128bln to connect homes
KAMPALA, December 6, 2023 – The Ministry of Energy and Minerals Development is seeking a supplementary budget of Shs 128 billion in the current financial year to connect 200,000 households across the…
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PDM: Dokolo recovers Shs 10m received fraudulently
DOKOLO, December 6, 2023 – Security operatives in Dokolo district have recovered over Shs 10 million received fraudulently by some members and leaders of Parish Development Model Savings and Credit Cooperative Organisations…
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Justice Buteera challenges prosecutors to own SACCO
MASINDI, December 6, 2023 – The Deputy Chief Justice, Richard Buteera has challenged prosecutors in Uganda to embrace and strengthen their own Prosecutors’ SACCO, saying it will improve their lives. Buteera made…
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