Legal
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UDB reports net profit of Shs 57.8 billion as total assets grow by 7 percent in 2024
KAMPALA, June 20, 2025 –– Uganda Development Bank Ltd [ UDB ] has reported a net profit after tax of Shs 57.8 billion for the year ended December 31, 2024, representing a…
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Masindi farmers suffer losses amid rising sugarcane thefts
MASINDI, June 19, 2025 –– Sugarcane farmers contracted by Kinyara Sugar Limited [KSL] in Masindi district are incurring heavy losses due to rampant sugarcane thefts, with many forced to hire private guards…
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Gov’t warns money lenders against breaking the law
KAMPALA, June 19, 2025 –– The State Minister for Microfinance, Haruna Kasolo Kyeyune, has issued a strong warning to money lenders operating outside the law, stating that the government will take decisive…
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New Zealand takes a stand against farm-to-forest conversions
AUCKLAND, June 18, 2025 –– On June 16, the New Zealand Government introduced groundbreaking legislation aimed at curbing large-scale farm-to-forestry conversions, a move that has sparked debate across the nation. The…
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AFSA launches new policy brief calling for agroecology integration ahead of UN climate talks
BONN, June 17, 2025 — As the 62nd Session of the UNFCCC Subsidiary Bodies [SB62 opened on Mondy in Bonn, Germany, the Alliance for Food Sovereignty in Africa [AFSA] officially launched its…
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5th International Forum on Cooperative Law to be held in Tanzania
KAMPALA, June 17, 2025 –– The international cooperative community has reason to celebrate as the 5th International Forum on Cooperative Law is officially set to take place in Moshi, Tanzania, on November…
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Shs 9.5bln compensation revitalises Banyankole Kweterana Cooperative Union
MBARARA CITY, June 16, 2025 –– The Banyankole Kweterana Cooperative Union [BKCU] has been revitalised following a government compensation of Shs 9.5 billion, which has cleared the Union’s debts and boosted its…
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UMEME reports Shs 511bln loss, seeks Shs 1trn buyout
KAMPALA, June 16, 2025 – – Uganda’s former power distributor, UMEME Limited has posted a net loss of Shs 511 billion for the financial year ended December 31, 2024, concluding a difficult…
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100 PDM beneficiaries in Soroti City receive funds for investment
SOROTI, June 14, 2025 –– At least 100 more beneficiaries from Moruapesur Ward in Soroti City East Division have received funding through the Parish Development Model [PDM], aimed at lifting households out…
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PDM SACCOs urged to embrace a saving culture for sustainability
HOIMA CITY, June 14, 2025 – – Savings and Credit Cooperative Organisations [SACCOs] operating under the Parish Development Model [PDM] in Bunyoro Subregion have been urged to cultivate a saving culture in…
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