Financial
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UMEME reports Shs 511bln loss, seeks Shs 1trn buyout
KAMPALA, June 16, 2025 – – Uganda’s former power distributor, UMEME Limited has posted a net loss of Shs 511 billion for the financial year ended December 31, 2024, concluding a difficult…
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Co-op Live contributes over £1.3bln turnover to UK economy since inception
LONDON, June15, 2025 — Co-op Live has delivered a staggering £785.5M boost to the UK economy [measured by Gross Value Added [GVA], with a total turnover of £1.3 billion since breaking ground…
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Kole coop expands market across the EAC
KOLE, June 15, 2025 –– Alito Joint Multipurpose Cooperative Society Limited, based in Kole district, is gaining regional recognition, extending its quality seed market beyond the Lango, Acholi, and Karamoja sub-regions to…
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Ugandan traders decry over-taxation
KAMPALA, June 15, 2025 –– Traders under the umbrella body, the Uganda National Traders Alliance [UNATA], have accused the Uganda Revenue Authority [URA] of over-taxation and failing to understand the challenges faced…
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100 PDM beneficiaries in Soroti City receive funds for investment
SOROTI, June 14, 2025 –– At least 100 more beneficiaries from Moruapesur Ward in Soroti City East Division have received funding through the Parish Development Model [PDM], aimed at lifting households out…
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PDM SACCOs urged to embrace a saving culture for sustainability
HOIMA CITY, June 14, 2025 – – Savings and Credit Cooperative Organisations [SACCOs] operating under the Parish Development Model [PDM] in Bunyoro Subregion have been urged to cultivate a saving culture in…
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Cooperatives to play pivotal role in Ghana’s national food security programme
ACCRA, June 13, 2025 –– The Government of Ghana has affirmed the central role of cooperatives in its flagship food security initiative, Feed Ghana, aimed at enhancing agricultural productivity and generating employment…
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Preparations for CoopsDay 2025 launched in Fort Portal City
FORT PORTAL CITY, June 13, 2025 – Uganda has officially launched preparations for the 2025 International Day of Cooperatives [ CoopsDay ], scheduled to take place on July 5, 2025 in Fort…
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Speaker Among cautions accounting officers on public resources
KAMPALA, June 13, 2025 –– The Speaker of Parliament, Anita Among, has called on accounting officers to ensure the prudent, efficient, and effective use of public resources in accordance with the Public…
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Shs 72.3 trillion budget to drive full monetisation of Ugandan economy
KAMPALA, June 13, 2025 –– The Finance Ministry has unveiled a Shs 72.136 trillion national budget for the 2025/2026 financial year, setting its sights on transforming every corner of the country into…
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