Financial
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WSACCO opens 10th branch in Fort Portal City
FORT PORTAL CITY, March 19, 2024 – In a bid to bring services closer to its members, Wazalendo Savings and Cooperative Society Limited [ WSACCO ] has opened its 10th cash branch…
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Private sector credit dropped 0.7 percent in January 2024
KAMPALA, March 19, 2024 – The stock of outstanding private sector credit in Uganda reduced by 0.7 percent to Shs 21.54 trillion in January 2024, from Shs 21.70trn in December,2023, mainly explained…
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Dairy Farmers of America donating US$ 50,000 to Texas area food banks
KANSAS, March 18, 2024 – With millions of people in the Southwest still struggling in the aftermath of recent winter storms, Dairy Farmers of America [DFA], a Kansas City-based dairy cooperative of…
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BoU warns banks over slow disbursement of ACF and SBRF loans
MBARARA CITY, March 18, 2024 – The Bank of Uganda [BoU] has asked commercial banks in the country to increase the speed at which they are disbursing loans under the Agricultural Credit…
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Equity Bank trains women in financial management
FORT PORTAL CITY, March 16, 2024 – As part of celebrating women’s achievements in the country, Equity Bank Uganda is empowering women who run small-scale businesses in financial literacy in a bid…
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Building employee financial resilience: The case for setting up and growing an employee SACCO
KAMPALA, March 15, 2024 – In today’s dynamic and competitive business environment, the concept of financial well-being has gained significant traction as organisations seek to enhance employee engagement, productivity, and retention. In…
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TCU upset over delayed installation of value addition machinery
SOROTI, March 13, 2024 – The management of Teso Cooperative Union Limited [ TCU ] has appealed to local leaders to intervene so that the cassava processing machinery can be delivered and…
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Data to drive new gender strategy for global women’s leadership network
WASHINGTON, D.C, March 13, 2024 —Global Women’s Leadership Network [GWLN] recently unveiled initial findings from the first set of research data that will go toward building a new gender strategy during its…
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Benefiting from oil and gas: Local suppliers urged to register with NSD
KIKUUBE, March 13, 2024 – Local suppliers in Bunyoro Sub-region have been advised to register with the National Supplier Database [ NSD ] to be able to do business in the country’s…
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EU backtracks on stricter import rules amid international backlash
LONDON, March 12, 2024 – The European Union [ EU ] plans to relax its incoming deforestation regulation [EUDR] by temporarily designating all export countries with the same standard risk classification. The…
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