Financial
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Amuru district approves Shs 28bln budget for financial 2022/23
AMURU– Amuru district council on Tuesday approved Shs 28 billion budget for the financial year 2022/23, an increase from Shs 24bln earmarked in the current financial year 2021/22. The district’s next financial…
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Global coffee exports decline in April 2022
KAMPALA– Global exports of green beans in April 2022 totalled 9.86 million bags, compared with 10.16mln bags in the same month of the previous year, according to International Coffee Organization [ICO]. ICO…
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Mbarara City 2022/23 budget increases by 20 percent
MBARARA – Mbarara City Mayor Robert Mugabe Kakyebezi has presented Shs 40.2 billion budget for the financial year 2022/23, saying it has grown by 20 percent. According to Kakyebezi, Mbarara city’s resource…
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High Court saves Gulu University Dean of Students
GULU– The High Court in Gulu has overturned the ruling that punished Gulu University Dean of students for allegedly stealing Shs 3.5 million from a business partner. Christopher Mwetwale Mpora was found…
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Uganda, DR Congo hold business summit to boost business
KAMPALA- In an initiative to open up the business relationship between Uganda and DR Congo, the business community in the two neighboring countries have organised a series of business summits to strengthen…
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Stakeholders hold meeting on TVET financing framework
KAMPALA– The Ministry of Education and Sports through the Technical, Vocational Education and Training [TVET ] Secretariat recently held a consultative meeting of key stakeholders to gather ideas on the development of…
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Oyam gets over Shs 140mln for health workers’ quarters
OYAM-The government is constructing two twin staff houses at Ariba Health Centre, in Abok Subcounty, Oyam district. The new houses, when completed will address the challenge of inadequate accommodation faced by the…
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Agro-processing facilities lie idle in Northern Uganda
GULU – At least 70 percent of the agro-processing facilities in Northern Uganda are reportedly lying idle affecting post-harvest management and the agricultural value chains. The national coordinator for Operation Wealth Creation…
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Kenyan regulator cuts levy for new Saccos
NAIROBI– Kenyan Sacco Societies Regulatory Authority [ Sasra ], has cut the proposed annual fees for SACCOs with non-withdrawable deposits to 0.15 percent from 0.165 percent as earlier proposed. The reduction follows…
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Omoro district council approves 2022/23 budget
OMORO– Omoro district council has approved a budget of Shs 29.3 billion for the financial year 2022/23, with the education and sports sector taking a lion’s share. The budget was approved on…
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