Financial
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Govt official calls for low cost housing in Gulu City
GULU- Establishing Low cost housing in Gulu City would be a good investment to cater for low-income earners, Jackie Kemigisha Kiza, the Commissioner for Urban Development in the Ministry of Local Government…
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AfDB launches new initiative to build financial acumen of African cities
KAMPALA– The African Development Bank [AfDB] and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new programme to build the…
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Lango farmers asked to explore fish farming
LIRA– Farmers in the Lango sub region have been asked to take advantage of the opportunities presented in the Parish Development Model [PDM] and venture into fish farming if they are to…
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Mao on Apaa land dispute: Give mediation and reconciliation chance
GULU– The President General of the Democratic Party [DP] Norbert Mao has urged the government and political leaders in Acholi and Madi to seriously consider a community-led mediation and reconciliation process if…
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Court to rule on Mbarara Gatsby application in late June
MBARARA– An application filed on May 11, 2022, by Mbarara Gatsby Small Scale Enterprises Association Limited [MGSSEAL] seeking to join Uganda Investment Authority [UIA] in a court suit against the tenants of…
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EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
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BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
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Agago coops to benefit from white sorghum pilot project
AGAGO– Five cooperative societies in Agago district are to be supported to grow white sorghum as the second season sets in. This is after Uganda Breweries Limited said it would buy the…
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South Sudanese refugees establish own Sacco
LAMWO– After failing to access loans from commercial banks and other financial institutions, South Sudanese refugees in Lamwo Refugee Settlement have decided to form their own Paluda Farmers’ Sacco to serve them…
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Kabarole district approves Shs 27.7bln budget for next financial year
KABAROLE – Kabarole district council has approved a budget of Shs 27.7 billion for the financial year 2022/23, with education taking the biggest share of Shs 8.5bln. The education sector is closely…
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