Trade
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Cooperators urged to mobilise Shs 300bln to capitalise National Cooperative Bank
MBARARA, May 10, 2024 – Cooperators, and cooperatives in Uganda have been told to be ready to raise Shs 300 billion to capitalise the new proposed National Cooperative Bank. According to the…
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Standard Chartered awarded “Best-performing Primary Dealer Market Maker”
KAMPALA, May 9, 2024 – Standard Chartered Bank Uganda [BoU] has been awarded the ‘Best-performing Primary Dealer Market Maker [PDMM] for the year ended September 2023, earning the honour for the second…
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Putting clients first: Centurion Law Group rebrands as CLG
SANDTON, May 9, 2024 – Pan-African legal and business advisory group Centurion Law Group has officially rebranded to CLG, underscoring a firm-wide commitment to innovation and growth. According to the press release,…
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Alito Joint Farmers Multipurpose Cooperative Society marks silver jubilee
KOLE, May 9, 2024 – Alito Joint Farmers Multipurpose Cooperative Society Limited in Kole district has celebrated 25 years of existence. Started in 1998 with only five founder members, the cooperative now has more than 16,000…
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Govt to formulate bill addressing challenges affecting cooperatives
MACHAKOS, May 8, 2024 – According to the Kenya News Agency, the Government of Kenya is set to formulate a new law to protect investors in the cooperative sector. The law aims…
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UDB, MD Ojangole on list of nominees for African Banker Awards 2024
KAMPALA, May 8, 2024 – African Banker magazine has announced the shortlist of nominees for this year’s edition of its African Banker Awards. Since its inception in 2007, the African Banker Awards has recognised the exceptional individuals…
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Govt exempts electric vehicle makers from stamp duty
KAMPALA, May 7, 2024 – Local companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent…
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House halts Bujagali tax exemption
KAMPALA, May 7, 2024 – A proposal by government to exempt the Bujagali Hydro Power project from income tax has been rejected by the Members of Parliament who instead demanded a report…
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Engola to support Gomi Farmers’ Cooperative Society
LIRA, May 7, 2024 – Former State Minister of Housing, Sam Engola has pledged total support to Gomi Farmers’ Cooperative Society Limited in Agali Sub-county, Lira district. Launching the cooperative recently at…
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EAC Partner States agree to boost SGR development through shared funding
KAMPALA, May 6, 2024 – Northern Corridor Integration Projects [NCIP] partner states, comprising Kenya, Uganda, Rwanda, and the Democratic Republic of Congo, have agreed to jointly mobilise funds to fast-track the development…
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