Financial
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MPs reject free land for Bunyoro University over Shs 4.9bln compensation for trees
KAMPALA, January 30, 2025 – Members of Parliament [MPs] have advised government against acquiring free land to establish Bunyoro University after the landowner demanded Shs 4.9 billion in compensation for his pine…
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Tanzania summit declaration vows to connect 300mln Africans with cheap electricity within five years
DAR ES SALAAM, January 29, 2025 — African leaders committed on Tuesday to delivering affordable electricity to 300 million people across the continent within five years. The pledge, known as the Dar es Salaam…
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Over 700 youth in Albertine Graben empowered with vocational skills
KAKUMIRO, January 29, 2025 – In preparation for the opportunities in the oil and gas sector in the oil-rich Albertine Graben, over 754 youth from households affected by the East African Crude…
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Local sports clubs can borrow a leaf and turn to a cooperative business model for sustainability
KAMPALA, January 28, 2025 – According to the International Cooperative Alliance [ICA], a cooperative is defined in the Statement on the Cooperative Identity as an autonomous association of persons united voluntarily to meet their common…
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Music coop ‘dream still alive’ despite funding gap
LONDON, January 28, 2025 –– A music co-operative said recently it is “absolutely determined” to reopen its studio and rehearsal rooms despite having a £450,000 funding shortfall for repairs. Lancaster Music Coop…
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YLP: Over Shs 500mln unrecovered in Masindi Municipality
MASINDI, January 28, 2025 – Authorities in Masindi Municipality are still grappling with the recovery of Shs 534 million that was disbursed under the Youth Livelihood Programme [ YLP ], a government…
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Bank of Uganda issues MDI licence to EBO SACCO
KAMPALA, January 28, 2025 – The Bank of Uganda [BoU] has granted a licence to EBO Cooperative Savings and Credit Society Limited, located in Bwizibwera Rutooma Town Council, Mbarara district. This licence…
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Cultural leader urges Teso youth to embrace saving culture
SOROTI, January 27, 2025 – The Iteso cultural leader, His Highness Paul Sande Emolot, has urged the youth to embrace a culture of saving and work hard to combat poverty within their…
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Dokolo SACCO leaders call for more training in financial literacy
DOKOLO, 27 January 2025 – The leaders of the Journalists Emyooga Savings and Credit Cooperative Organisations [SACCOs] in Dokolo district are calling for increased training in financial management for their members, which…
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Museveni to set up boda boda loan schemes
IGANGA, January 25, 2025 – President Yoweri Museveni plans to set up loan schemes for boda boda riders in Uganda, with an intent of saving them from exploitation by private companies giving…
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