Financial
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Kiryandongo PDM SACCO stuck with Shs 75mln as leaders imprisoned over extortion
KIRYANDONGO, November 11, 2025 — Shs 75 million disbursed by government to Mpumwe Parish Development Model Savings and Credit Cooperative Organisation [Mpumwe PDM SACCO] in Kiryandongo district remains undistributed to beneficiaries, following…
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Nandala pledges to allocate 10 percent of national budget to agriculture
SOROTI, November 10, 2025 — James Nathan Nandala Mafabi, the presidential flag bearer for the Forum for Democratic Change [FDC], has pledged to revitalise Uganda’s agriculture sector by allocating 10 percent of…
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The financial sector can be profitable, principled, and purposeful
KAMPALA, November 10, 2025 — Modern finance has evolved beyond traditional profit-driven models. Today, it must also serve as a catalyst for sustainable development, climate resilience, and inclusive growth. However, several challenges…
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All Eyes on Africa as United Arab Emirates (UAE) announces $6bn Tourism Investment Plan
KAMPALA, November 8, 2025 — As Africa records the fastest tourism growth globally, the United Arab Emirates [UAE] is set to inject US$ 6 billion into the continent’s travel and hospitality sector…
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The Cooperative Paradox: When Financial Support Limits Growth
KAMPALA, November 7, 2025 — In Uganda, Savings and Credit Cooperative Organisations [SACCOs] are widely celebrated for enabling people to save collectively, access affordable credit, and support one another. For many smallholder…
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Afreximbank avails Shs 127.4bln loan for construction of Akii Bua Olympic Stadium in Lira City
KAMPALA, November 7, 2025 — African Export-import Bank [Afreximbank] has extended a US$ 36.4-million [approximately Shs 127.4 billion] contract financing facility to Egypt’s SAMCO-National Construction Company [SAMCO] for the construction of the…
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Housing cooperatives ready to partner with Build Canada Homes
OTTAWA, November 7, 2025 — Canada’s housing cooperatives have welcomed the federal government’s continued emphasis on housing in Budget 2025, calling the latest commitments a positive step towards addressing the country’s ongoing…
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Breeding and fodder production centre officially launched in Kween
KWEEN, November 6, 2025 — Farmers in Kween district have received a major boost following the official launch of a breeding and fodder production centre in Ngenge Sub-county, Soi County. The new…
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Museveni urges Ugandans to embrace PDM as he questions implementation of GROW project
SOROTI CITY, November 6, 2025 — President Yoweri Kaguta Museveni has urged Ugandans to embrace the Parish Development Model [ PDM ], saying it was designed to support the “active poor”, unlike…
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Building a better world: UN World Social Summit celebrates IYC2025
DOHA, November 5, 2025 – The UN Committee for the Promotion and Advancement of Cooperatives [COPAC] and the International Cooperative Alliance [ICA] has co-hosted the official closing ceremony of the 2025 International…
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