Financial
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Lira City based Asian investors defrauded of Shs 9b
LIRA – Asian investors dealing in oil seeds and milling in Lira City have been defrauded of Shs 9b after supplying soya beans, sunflower and cotton to Agri Exim Uganda Limited and…
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Masindi district recruits 16 parish chiefs, 11 town agents for new administrative units
MASINDI – Masindi district local government has recruited 16 Parish Chiefs and 11 Town Agents to work in the new created sub-counties and town councils. Masindi district local government approved five sub-counties…
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Entebbe Airport records increase in traffic since COVID19 broke out
KAMPALA – Entebbe International Airport has reported a record high number of passengers in October since the emergency of Corona Virus pandemic and the sub sequential national lock downs since March 2020. The…
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Increased cotton prices excite farmers in Acholi
GULU – Cotton farmers under West Acholi Cooperative Union Limited are excited about increased cotton prices from Shs1,500, last year to Shs 2700, this year. West Acholi Cooperative Union Limited, is a…
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Alebtong district failed to recover Shs. 840m from youth projects
ALBETONG – Alebtong district has failed to recover Shs 840m which the government released to support various youth projects in the district. The money was disbursed to supplement Youth Livelihood Program (YLP)…
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Hoima city women and PWDS get Shs.151million
HOIMA – Persons with Disabilities (PWDs) and women groups in Hoima City have a reason to smile after they received Shs 151 million to help them improve their household incomes. According to Hoima…
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Tea Farmers lose billions of shillings
Mbarara – Tea Farmers in Buhweju are stranded with their produce following the failure of Igara-Buhweju tea factory to buy out all the available green leaves. Igara-Buhweju tea, the only establishment in the…
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ACPCU registers 10% asset increase despite Covid-19 pandemic
SHEEMA – While several cooperatives around the country suffered serious setbacks during the Covid-19 induced lockdown, Ankole Coffee Producers Cooperative Union (ACPCU) located in Kabwohe Town Council, Sheema Municipality registered a 10%…
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Tobacco farmers demand for Shs.7 billion from Continental Tobacco Company
TEREGO – More than 100 tobacco farmers from Wandi, Terego district protested against Continental Tobacco Company, demanding a total of Shs.7.9 billion from the company. The money accrued since 2018 from the…
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Soroti vendors threaten to sue Soroti City authorities
SOROTI – Pressure is mounting on Soroti City authorities as the Minister for Local Government, Raphael Magezi gives them a three weeks ultimatum to resolve the mess in stalls and lock-ups allocation…
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