Legal
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United Bank for Africa: Shareholders approve payment of N78.7 billion dividend
LAGOS, June 3, 2024 The shareholders of the United Bank for Africa [UBA] Plc, have congratulated the Board of Directors, management and staff of the Bank for the impressive performance recorded over…
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Mbarara City approve Shs 51.4bln budget for next financial year
MBARARA CITY, June 2, 2024 – Mbarara City has approved a total budget of Shs 51,475,161,000 for the financial year [FY] 2024/2025, which is slightly higher than Shs 39.3 billion for the…
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MP Mugisa calls for impartiality in disbursing funds to PDM beneficiaries
Fort Portal City, May 31, 2024 – The Fort Portal City Woman Member of Parliament, Irene Linda Mugisa has urged parish committees not to segregate while disbursing funds to the beneficiaries of…
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Govt to name and shame Emyooga defaulters on radios
BUKWO, May 30, 2024 – The State Minister for Finance for Microfinance, Haruna Kyeyune Kasolo has revealed that the government will start naming and shaming Emyooga fund defaulters on radio stations, saying…
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Ethiopian coffee is threatened by European deforestation regulations
PARIS, May 30, 2024 – The export of Ethiopian coffee, a major source of foreign exchange for the country, is facing severe threats from European Union [EU] regulations aimed at combating deforestation…
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Buliisa fishermen irked over “hurry up” fishing ban
BULIISA, May 29, 2024 – Fishermen operating on the shores of Lake Albert in Biliisa district have protested government’s decision to ban the “hurry-up” fishing method, claiming that scoop net fishing method [locally…
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UNOC records Shs 37bln profit in financial year ended June 30, 2023
KAMPALA, May 28, 2024 – The Uganda National Oil Company [ UNOC ] generated a profit of Shs 37.6 billion surpassing their projected revenue of Shs 6.989bln in the financial year 2022/2023.…
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Nebbi Workers’ SACCO loan portfolio hits Shs 5bln
NEBBI, May 27, 2024 – Nebbi Workers’ SACCO operating in Nebbi town has since 2014 disbursed loans worth Shs 5 billion, it was revealed over the weekend as the SACCO held its…
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New data reveal company progress on deforestation
KAMPALA, MAY 27, 2024 – New data from the Accountability Framework initiative [AFi] and Carbon Disclosure Project [CDP] show that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon…
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FPU embarks on sensitisation of communities against illegal fishing
NTOROKO, May 25, 2024 – The Uganda People’s Defence Forces Fisheries Protection Unit [FPU] led by the unit commander, Lt. Col. Mercy Tukahirwa has embarked on sensitising fishing communities against illegal fishing.…
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