Financial
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AfDB, partners launch US$ 5.2mln project to help catalyse diaspora investment in eight African countries
ADDIS ABABA, June 14, 2024 – The African Development Bank [AfDB], the African Union Commission [AUC], and the International Organization for Migration [IOM] have signed a protocol agreement for US$ 5.2 million…
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Stanbic Bank Uganda donates to Mbale hospital
MBALE, June 14, 2024 – Stanbic Bank Uganda, has reaffirmed its commitment to support the Ministry of Health to improve maternal healthcare services across the country by donating equipment worth Shs 20…
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Agro-industrialisation, tourism and mineral devt to expand Uganda’s economy
KAMPALA, June 14, 2024 – Uganda’s growth strategy for the 2024/2025 financial year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and innovation, the Minister of…
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Works, security take lion’s share of 2024/2025 national budget
KAMPALA, June 14, 2024 – The Ministry of Works and Transport and Ministry of Security have taken the lion’s share of the 2024/2025 national budget for the financial year 2024/2025 which kicks…
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Excitement as Inomo Oil Seed Cooperative launches SACCO
KWANIA, June 13, 2024 – Members of Inomo Oil Seed Cooperative Society Limited in Inomo Subcounty Kwania district have launched a Savings and Credit Cooperative Society [SACCO] intending to improve their livelihoods.…
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Corruption failing Emyooga in Kween district, SACCO leaders cry out
KWEEN, June 13, 2024– Rampant corruption among civil servants in Kween district is failing the implementation of the Emyooga programme, according to the leaders of the different Emyooga Savings and Credit Cooperative…
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King of Bunyoro offers financial support to Kibaale Health Centre IV
HOIMA, June 11, 2024 – The king [Omukama] of Bunyoro-Kitara Kingdom Dr Solomon Gafabusa Iguru I has dedicated the proceeds of Empango Marathon to Kibaale district Health Centre IV to procure delivery beds…
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Fidelity Bank Nigeria completes acquisition of Union Bank UK
CAIRO, June 11, 2024 – African Export-Import Bank [Afreximbank] has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of…
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Greening: KCCA, Absa Bank partner to plant over 3,000 trees
KAMPALA, June 8, 2024 – Capital City Authority [KCCA] has partnered with Absa Bank Uganda to plant 3,300 trees at KCCA’s Agricultural Resource Centre in Kyanja situated on an expanse of 4.9…
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Allocation of Shs 87mln to cooperatives sector draws mixed reactions in Kwania
KWANIA June 8, 2024 – A move by Kwania district council to allocate a sum of Shs 87 million to the district’s Trade, Industry, and Cooperatives sector has sparked mixed reactions from…
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