Financial
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Shs 496mln unused as it remains held in Lira Emyooga SACCO account
LIRA – At least Shs 496 million accumulated as interest under Emyooga programme in Lira district is lying idle in a bank account as some borrowers from the Savings and Credit Cooperative…
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The power of co-operatives: Europe’s elite football clubs are owned by fans, Uganda has long way to go
KAMPALA – There is no doubt that many Ugandans love football and are keen fans of football clubs. As fans, they support local clubs like; SC Villa, Express FC, KCCA, Vipers and others.…
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Lira City traders bitter over delayed completion of road works
LIRA- All is not well in Lira City as traders who do business along Olwol Road say the delayed completion of construction works has made them incur losses as the road remains closed,…
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US$1mln boost for programme to drive racial equity in credit unions
NEW YORK – Cuna Mutual Group Foundation has committed to invest US$1m in a fund to build equity in credit unions led by or serving people of colour, according to thenews.coop. The money…
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Soroti PWDs to receive Shs 50m from the National Special Grant
SOROTI – Soroti persons with disabilities [PwDs] will for the first time receive Shs 50 million from the National Special Grant [NSG], says Minister of State for Disability Affairs, Hellen Grace Asamo. …
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MPs, minister clash over proposal to extend tax holiday for power company
KAMPALA – Parliament’s Committee on Finance, Planning and Economic Development, has started understudying the new Tax Bills for the Financial Year 2022/2023, with the legislators questioning government’s proposal to exempt Bujagali Power…
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Uganda Police, Mbarara hospital to ink health emergency deal
MBARARA– The Uganda Police administrators are in preparation to enter a Memorandum of Understanding with Mbarara Regional Referral Hospital (MRRH) to handle emergency cases of their cops in the Western region. According…
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Masindi district local government injects Shs 1.9 billion in the roads sector
MASINDI– Masindi district local government has embarked on working on its four major roads which have been impassable for a long time. Masindi district council committed to Shs 1.9 billion towards improving…
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Atiak Technical Student Association wait for government’s response 20 years later
GULU – Government is yet to respond to the request for support by the Atiak Technical Students Survivors Association in 2000. The students survived an attack by the Lord’s Resistance Army [LRA]…
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NSSF total assets shoot up 15.3 percent in March 2022
KAMPALA– The National Social Security Fund [NSSF] issued a transparency statement showing that its total assets as at March 31, 2022 increased by 15.3 percent to about Shs 16.86 trillion from Shs…
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