Financial
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Gulu City urges OWC to deliver coffee seedlings on time
GULU CITY, May 2, 2025 – Gulu City Mayor, Alfred Okwonga, has called on the Operation Wealth Creation Secretariat [OWC] to ensure the timely delivery of coffee seedlings to farmers to prevent…
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Mbarara Central Market vendors petition city authorities over leadership disputes and other concerns
MBARARA CITY, May 2, 2025 – Vendors at Mbarara Central Market on Tuesday morning staged a peaceful gathering at the City Hall, seeking clarification on several administrative inconsistencies affecting the market’s operations.…
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Tourism: New 2.6km road to improve access to Sipi Falls in Kapchorwa district
KAPCHORWA, May 2, 2025 – The Uganda Tourism Board [UTB] has officially launched a 2.6-kilometre tourism access road in the hilly Kapchorwa district, located in eastern Uganda. The road, constructed in partnership…
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Adjumani SACCO acquires tractors as total assets rise to Shs 18bln
ADJUMANI, May 1, 2025 –– Adjumani Town Council Cooperative Savings and Credit Society [SACCO] Ltd. has acquired three tractors valued at Shs 510 million. The purchase was made possible through Islamic financing…
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Finance Ministry, MPs agree on next budget
KAMPALA, May 1, 2025 — The Finance Ministry has given in to Parliament’s budget demands after last year’s heated disagreements between the Members of Parliament [MPs] and the executive arm of government…
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Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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Lango leaders urge gov’t to increase PDM funding to Shs 200mln per parish
OTUKE, April 30, 2025 — Leaders in the Lango Subregion have called on the government to increase the Parish Development Model [ PDM ] funds from the current Shs 100 million to…
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Global philanthropies launch landmark initiative to accelerate maternal-newborn survival in Africa
ABU DHABI April 29, 2025 — A coalition of global philanthropies today announced the launch of the Beginnings Fund, a new philanthropic initiative committed to accelerating maternal and newborn survival across Africa.…
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UEDCL launches 100-day roadmap to improve electricity network
KAMPALA, April, 28, 2025 – The Uganda Electricity Distribution Company Limited [UEDCL], which officially assumed power distribution responsibilities from UMEME Ltd. on April 1, 2025, has unveiled a 100-day roadmap aimed at…
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