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Mar- 2023 -29 MarchInternational
U.S. agency to promote worker voice, labour rights in Brazil, Paraguay
WASHINGTON – The U.S. Department of Labour has announced the award of a US$ 5 million cooperative agreement to the International Laborr Organisation [ILO] to strengthen the capacity of worker and civil…
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29 MarchDevelopment
Namisindwa PDM beneficiaries pin parish chiefs over extortion
NAMISINDWA – A section of parish chiefs in Namisindwa district are facing allegations of asking for kickbacks from the beneficiaries of the Parish Development Model [PDM]. Joseph Mafabi, PDM beneficiary, told this…
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28 MarchEast Africa
Kakuzi to pay record Ksh 470mln dividend on higher earnings
NAIROBI-Kenyan agricultural firm Kakuzi Plc is set to pay a record dividend of Ksh 24 per share or a total of Ksh 470.3 million for the year ended December, riding on strong…
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28 MarchInternational
Global economy’s “speed limit” set to fall to three-decade low
WASHINGTON – The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is…
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28 MarchNews
Hoima police halt illegal eviction of over 1,000 residents
HOIMA-Police in Hoima district are investigating circumstances under which some outlaws were trying to evict over 1,000 residents in Buraru Sub-county in Hoima district without a court order and clearance from security…
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28 MarchCooperatives & Communities
Minister Ongalo-Obote pledges Shs 5mln to Speakers’ SACCO
SOROTI – The Minister for Teso Affairs, Dr. Clement Kenneth Ongalo-Obote has pledged to donate Shs 5 million seed capital to the SACCO owned by district speakers in Teso Sub-region. The Minister…
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28 MarchFinance & Banking
Bunyoro farmers challenged to take advantage of ACF
HOIMA – Farmers in Bunyoro Sub-region have been urged to take advantage of the Agriculture Credit Facility [ ACF ] initiated by government to boost commercial farming in the country. Joseph Mutaka,…
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28 MarchNews
Masindi All Saints Church hunts for Shs 4bln for new building
MASINDI – Believers at All Saints Church in Masindi-Kitara Diocese, Masindi district have launched a campaign to raise Shs 4 billion to construct a new cathedral that will accommodate more members. The…
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27 MarchFinancial
Priotise domestic arrears in new financial year, CSBAG urges govt
KAMPALA – Civil Society Budget Advocacy Group [ CSBAB ] has urged government to address domestic arrears in the new financial year which begins on July 1, 2023. Patrick Rubangakene, CSBAG’s economist…
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27 MarchFinance & Banking
Egypt acquires equity in BRICS New Development Bank
CAIRO-One of Africa’s economic powerhouses, Egypt recently took an equity in the BRICS New Development Bank [NDB], weeks after President Abdel-Fattah El-Sisi visited India as a chief guest for the Republic Day…
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