Financial
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Mining Advances Growth Prospects for African Economies
CAPE TOWN, April 6, 2025 — Mineral-rich African countries are strengthening cooperation with global partners to optimize the mining value chain, leveraging investments to accelerate GDP growth and sustainable development. In recent…
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Cereal banks and honey value addition to boost agricultural productivity in Adjumani district
ADJUMANI, April 6, 2025 – In a concerted effort to enhance agricultural productivity and improve the livelihoods of small-scale farmers, the Lutheran World Federation [LWF], with support from Bread for the World…
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Co-op Legal Services achieves significant growth trajectory in 2024
LONDON, April 4, 2025 — Co-op Legal Services’ growth performance continued in 2024, seeing revenue up 24 percent to £84 million and increased underlying operating profit at £27 million. The member-owned organisation…
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Mbarara City mechanics launch SACCO with Shs 160mln boost
MBARARA CITY, April 4, 2025 – Mechanics in Mbarara City, under the umbrella of the Mbarara City Mechanics Union [MCMU], have launched a Savings and Credit Cooperative Society [SACCO] named Mbarara City…
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BCU to Renovate Primary Cooperative Societies Across Nine Zones
KAMPALA, April 3, 2025 – Bugisu Cooperative Union [BCU] plans to renovate its primary cooperative societies across the nine zones. BCU, the Arabica coffee trading powerhouse in Uganda, has at least 314…
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Hoima Media SACCO launched with boost of Shs 60mln
HOIMA, April 2, 2025 – Journalists in Hoima and Kikuube districts are excited after the official launch of the Hoima Media Savings and Credit Cooperative Society Limited, a SACCO expected to enhance…
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Kalungu district officials face disciplinary action over mismanagement of gov’t funds
KALUNGU, April 2, 2025 — The Inspectorate of Government [IG] has directed Rose Nalumansi, the Chief Administrative Officer of Kalungu District Local Government, to take disciplinary action against Hussein Ssembajja, the Senior…
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Low uptake of Emyooga funds reported in Alebtong district
ALEBTONG, April 2, 2025 – Several Emyooga SACCOs are struggling with seed capital provided by the government five years ago. According to SACCO leaders in the district, many of the targeted beneficiaries…
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UMEME suspended from USE after handover to UEDCL
KAMPALA, April 1, 2025 — The Uganda Securities Exchange [USE] has suspended UMEME from the bourse following the expiry of its electricity distribution concession agreement and the subsequent hand over the role…
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Enhancing livelihoods: Gov’t injects Shs 450mln into Karamoja SACCOs
KATIDO, April 1, 2025 — Government, through the Microfinance Department under the Finance Ministry, has injected Shs 450 million into nine Savings and Credit Cooperative Organisations [SACCOs] formed by reformed warriors, locally…
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