Financial
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Global and African Financial Experts Urge Action to Enhance Smallholder Farmer Financing
NAIROBI, March 20, 2025 — Leading global and African financial experts have issued a resounding call to align financial structures with the needs of smallholder farmers. Speaking at a two-day conference on…
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Gov’t pledges efficient power distribution after UMEME exits
KAMPALA, March 19, 2025 – Government through the The Ministry of Energy and Mineral Development [MEMD] has reaffirmed readiness to take over the electricity distribution concession from UMEME Ltd. through the Uganda…
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Adjumani and Lamwo districts to implement Shs 22.83bln refugee project
AJDJUMANI, March 19, 2025 — The Royal Danish Embassy through the Danish International Development Agency [DANIDA] has allocated US$ 6,171,393 [approximately Shs 22.83 billion] to support the implementation of the Uganda Refugee…
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Sugar cooperatives in India face grim season, but optimism grows for next year
NEW DELHI, March 19, 2025 — The 2024-25 sugar season in India has been marked by uncertainty, with fluctuating production estimates and significant setbacks in key sugar-producing states. Initial industry projections placed…
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Gov’t receives Shs 40bln to connect rural areas to electricity
KAMPALA, March 19, 2025 – The Government of Uganda has received a €10 million [approximately Shs 40 billion] grant to improve electricity access in the country’s rural and peri-urban areas. The grant,…
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Wazalendo SACCO’s total assets grow to over Shs 1 trillion
JINJA, March 18, 2025 — Uganda’s largest Savings and Credit Cooperative Organisation [SACCO], commonly known as Wazalendo SACCO [WSACCO], has announced that its total assets rose to Shs 1.149 trillion in 2024,…
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Kapchorwa PDM leaders warned against extorting programme beneficiaries
KAPCHORWA, March18, 2025 – The Kapchorwa Deputy Resident District Commissioner [RDC], Martin Sakajja, has issued a stern warning to Parish Chiefs and members of the Parish Development Committees [PDCs] against extorting beneficiaries…
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Africa losing US$ 88bln in illicit financial flows annually, says Among
KAMPALA, March 18, 2025 — Speaker of Parliament Anita Among has said illicit financial flows [IFFs] in Africa are making the continent to lose an estimated US$ 88 billion annually, and that…
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Karamoja locals thriving after benefiting from PDM
MOROTO, March 18, 2025 – Locals in Karamoja region are making strides after benefiting from the Parish Development Model [PDM], a government initiative aimed at combating poverty in Uganda. The PDM, a…
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Hoima district receives additional Shs 5.5bln for PDM, begins training beneficiaries
HOIMA, March 17, 2025 – Implementers of the Parish Development Model [PDM] in Hoima district have launched a training campaign for beneficiaries of the programme, in preparation for the disbursement of Shs…
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