Financial
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Uganda on track to produce first oil by 2025
KAMPALA, October 26, 2023 – The Government of Uganda is on track to ensure that the first drop of oil is produced by the end of 2025, according to Ruth Nankabirwa Ssentamu,…
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Experts form economic forum to give voice to over three million cooperatives across globe
NEW DELHI, October 26, 2023 – Leading cooperative sector experts have come together to form the World Cooperative Economic Forum [WCopEF] to give voice to over three million cooperatives spread across the…
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Teso cultural leaders urged to identify beneficiaries of GROW Project
SOROTI, October 25, 2023 – The Minister of State for Gender, Labour, and Social Development [Disability Affairs], Hellen Asamo has urged Teso cultural leaders to identify women who will benefit from the…
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Lawyer asked to refund Shs 39bln meant for Kabale tea growers
KAMPALA, October 25, 2023 – Parliament’s Committee on Commissions, Statutory Authorities, and State Enterprises [COSASE] in a report says city lawyer Patrick Katabaazi Kiconco must reimburse a sum of Shs 39 billion…
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BoU urged to establish currency centre in Lira City
LIRA, October 25, 2023 – The Director Chambers of Commerce for North and Eastern Uganda, Bosco Ogwang Edola has urged the Bank of Uganda [BOU] to help establish a currency center in…
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Public universities urged on resource mobilisation
KAMPALA, October 23, 2023 – Public universities should take advantage of innovations by their students to generate internal revenue instead of entirely depending on government for financial support, Members of Parliament have…
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SACCO leaders urged to intensify member training
MBARARA, October 23, 2023 – Officials running Savings and Credit Cooperative Societies [SACCOs] in western Uganda have been encouraged to train their members regularly so that they appreciate the business model of…
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BoU injects Shs 800bln in agriculture
LIRA, October 21, 2023 – The Bank of Uganda [ BoU ] has so far disbursed Shs 800 billion to farmers in the country under the Agricultural Credit Facility [ACF] introduced by…
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Annual coffee exports fetch Uganda over US$ 940mln
KAMPALA, October 20, 2023 – Coffee exports for the coffee year [2022/2023] totaled 6.14 million bags worth US$ 940.36mln compared to 5.86mln bags worth US$ 877.66mln in the previous coffee year [2021/2022],…
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USAID commits US$90mln to strengthen cooperative development globally
WASHINGTON, DC, October 20, 2023 – The United States Agency for International Development [USAID] days ago announced a landmark commitment of US$ 90 million to bolster social cohesion, stabilise economies, and support…
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