Financial
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Lack of computer knowledge delays PDM funds disbursement in Alebtong
ALEBTONG, October 10, 2023 – Lack of computer knowledge specifically on data entry is delaying the disbursement of Parish Development Model [PDM] funds to the beneficiaries in some parts of Alebtong district…
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Masindi teachers told to form SACCOs at school level
MASINDI, October 6, 2023 – Sam Peter Ayebale, the Principal Education Officer of Masindi Municipality has challenged teachers in the whole of Masindi district to form Savings and Credit Cooperatives [SACCOs] at the…
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MPs query committee investigating cooperatives over war reparations
KAMPALA, September 28, 2023 – The opposition Members of Parliament have castigated the method being used by parliament’s committee investigating cooperatives that received war reparations from the government. According to the MPs…
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Youth in Kwania spend PDM cash on smartphones, hoofers
KWANIA, September 28, 2023 – A section of the youth who benefited from the Parish Development Model [PDM] cash in Kwania district are using the government money to buy hoofers, smartphones, and…
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BoU appoints eight commercial banks as Primary Dealer Market Makers
KAMPALA, September 28, 2023 -The Bank of Uganda [BoU] has appointed eight commercial banks as Primary Dealer Market Makers [PDMM] effective October 1, 2023. According to Kenneth Egesa, Director Communications at BoU,…
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Release of Absa Africa Financial Markets Index 2023 slated for October 12
MARAKKECH, September 25, 2023 – The Absa Africa Financial Markets Index 2023 will be released on October 12, 2023, in Marrakech, Morocco, according to the organisers. Now in its seventh year, the…
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Oil and gas sector activities boost tax revenue in August 2023
KAMAPALA, September 22, 2023 – Tax revenue collections in August amounted to about Shs 1,990.91 billion, which was Shs 6.98 billion above the target, according to the Performance of the Economy Report…
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Official warns PDM beneficiaries against diverting funds
LIRA, September 14, 2023 – The beneficiaries of the Parish Development [PDM] in Lira district have been warned against diverting the funds meant to help poor households engage in commercial farming. The…
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Wakenya Pamoja SACCO launches banking platform for members
NAIROBI, September 8, 2023 – Wakenya Pamoja Deposit Taking SACCO recently launched a mobile digital banking platform expected to improve service delivery, according to Coop News. The new platform dubbed Wakenya M-Cash is a robust…
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War loss compensation: Treasurer of Lango Cooperative Union arrested
LIRA, September 7, 2023 – A top official of Lango Cooperative Union [LCU] was detained overnight at Lira Police Station for allegedly mishandling part of the Shs 6 billion that government released…
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