Financial
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Mbarara market landlords urged to raise funds for redevelopment
MBARARA CITY, July 25, 2025 –– Dennis Wandera, Director of Planbuild Technical Services, has reaffirmed his commitment to redeveloping the ageing Makhan Singh Market in Mbarara City. Addressing members of the Mbarara…
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Kazo district registers success in PDM funds disbursement
KAZO, July 28, 2025 –– Kazo District continues to register notable success in the implementation of the Parish Development Model [ PDM ], having successfully completed the second phase of fund disbursement…
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Private sector credit growth remains flat as lending rates rise – report
KAMPALA, July 27, 2025 — Growth in Uganda’s private sector credit remained largely subdued between April and May 2025, even as lending rates edged higher, according to the Performance of the Economy…
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Benin: AfDB approves over US$ 30mln to protect farmers from climate shocks and food insecurity
ABIDJAN, July 26, 2025 — The Board of Directors of the African Development Bank Group [AfDB] has approved US$ 30.25 million in financing for a groundbreaking climate protection and agricultural sector resilience…
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Lira district official attributes poverty in Lango to poor mindset and enterprise selection
LIRA, July 25, 2025 — The Production and Marketing Officer of Lira District, Thomas Okello, has attributed the persistent poverty in the Lango Sub-region to a poor mindset among farmers and poor…
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BoU raises Shs 1.86trn from treasury bills and bonds in June 2025
KAMPALA, July 24, 2025 — Uganda’s domestic debt market remained active in June 2025, with the government through Bank of Uganda [BoU] raising Shs 1.86 trillion from three auctions of treasury bills…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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Masindi DRDC applauds Boda Boda Emyooga SACCO for strong performance
MASINDI, July 24, 2025 — The Deputy Resident District Commissioner [DRDC] of Masindi, Dhaala Sanon, has praised the Buruli Constituency Boda Boda Emyooga SACCO for its impressive performance, particularly its strong saving…
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Africa: New bank leadership, capital strategies drive African mining investment push
CAPE TOWN, July 23, 2025 — Several African multilateral banks and financial institutions have undergone significant leadership transitions this year aimed at aligning financial strategies with the continent’s evolving development and industrialisation…
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Kwania PDM SACCO elects new leadership after three years
KWANIA, July 23, 2025 — Members of the Teduka Ward Parish Development Model Savings and Credit Cooperative Organisation [PDM SACCO] in Kwania district have elected a new governing board to lead the…
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