Financial
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UNOC and Stanbic Bank to help farmers produce quality foodstuffs
KIRYANDONGO– Uganda National Oil Company [ UNOC ] and Stanbic bank Uganda are partnering to establish an incubator to support farmers in producing foodstuffs that conform to the standards of the oil…
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ACPCU registers over Shs 1bln profit in FY 2021/22
SHEEMA – Ankole Coffee Producers Cooperative Union [ ACPCU ] located in Kabwohe Town Council, Sheema Municipality earned a profit of Shs 1.15 billion in the financial year [FY] 2021/22 compared to…
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Tanzania bans donkey slaughter to stop risk of extinction
ARUSHA– In Tanzania, the Minister for Livestock and Fisheries, Mashimba Mashauri Ndaki, has declared a ban on donkey slaughter for the skin trade. In a budget speech to Parliament, the minister noted…
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Storage facility excites Kapelebyong farmers
It was jubilation as Acowa farmers’ Cooperative Society in Acowa town council, Kapelebyong district received a new modern agro-storage facility constructed by government through Development Initiative for Northern Uganda [DINU] programme. DINU…
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Africa and the Caribbean to firm cooperation via regional development banks
KAMPALA– Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the African Development Bank [AfDB] and the Caribbean Development Bank—came together to…
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500 heads of cattle in Lyantonde die due to fake drugs
LYANTONDE– Lyantonde district has lost about 500 heads of cattle after being vaccinated with fake veterinary medicines supplied by the local drug outlets. According to Lyantonde District Veterinary Officer, Ronald Bameka, many…
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Lango MPs urge govt on affordable education
LIRA– Members of Parliament [MPs] under the umbrella of Lango Parliamentary Group [LPG] have asked government to intervene and make secondary school education affordable to the children of poor parents in the…
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Gulu city residents oppose plan to build industrial park
GULU- Residents of Koro Lajwatek Cell, Pageya Ward, Laroo-Pece Division in Gulu city have outrightly rejected a plan by the city council to establish an industrial park in their settlement. The council…
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Natural disasters: URCS, Weatherman partner to reduce losses
KAMPALA – The Uganda Red Cross Society [ URCS ] and the Uganda National Meteorological Authority [UNMA] have entered into a partnership, through which the latter will share weather and climate information…
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aBi Finance Limited readies loans for Tier IV MFIs and SACCOs
KAMPALA– Tier IV Microfinance institutions [MFIs] and SACCOs in Northern and Eastern Uganda looking for funding no longer have to worry. This is because aBi Finance Holdings Limited has availed concessional loans…
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