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Nov- 2022 -22 NovemberCooperatives & Communities
Lira cooperative receives over Shs 900mln for capacity building
LIRA – Itek Okile Rice Growers’ Multipurpose Cooperative Society [IORGMCS] in Itek Sub-county, Lira district has received Shs 912 million from the United States African Development Foundation [USADF] to build the capacity…
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21 NovemberInternational
IMF grants Senegal credit extension until January 2023
DAKAR-The International Monetary Fund [IMF] days ago approved the Senegalese authorities’ request for an extension until January 10, 2023, of the country’s Stand-By Arrangement [SBA] and Arrangement Under the Standby Credit Facility…
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21 NovemberEnergy & Mining
Gov’t seeks approval of US$ 638 mln to power households
KIRYADONGO-The Ministry of Energy and Mineral Development is pleading with Parliament to approve a US$ 638 million [Shs 2.4 trillion] loan from the World Bank to connect 1,700 households to the national…
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21 NovemberNews
Museveni rallies church leaders on modern agriculture
AGAGO-President Yoweri Museveni has urged church leaders to rally followers to join intensive agricultural practices in order to eradicate household poverty, especially by embracing a four-acre farming model. Museveni said the church…
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21 NovemberAgriculture
Education officer urges students to embrace farming
LIRA-Students in Uganda have been urged not to have a negative attitude towards agriculture/ farming and instead embrace it as a business activity that can transform their lives. Moses Olok, a senior…
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21 NovemberNews
Road construction: Contractors’ debt rises to over Shs 580bln
KAMPALA-Road works across the country are being constrained by a Shs 585 billion debt to contractors, according to the Minister of Works and Transport, Gen. Edward Katumba Wamala. Gen. Katumba was responding…
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21 NovemberFinance & Banking
Stock of outstanding credit falls- gov’t report
KAMPALA– The stock of outstanding private sector credit in Uganda decreased by 2.5 percent to Shs 19.6 trillion in September 2022 from Shs 20trn in August 2022, according to the October Performance…
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20 NovemberNews
Archbishop Kaziimba launches Braille Bible in Lango
LIRA-The Archbishop of Church of Uganda, the Most Rev. Dr. Samuel Kaziimba Mugalu has launched Braille Bible for the blind persons in Lango Sub-region. The Bible which is read by touching the…
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20 NovemberInternational
Indian Priti Patel elected Vice Chairperson of ICA-AP Women Committee
NEW DELHI– Indian candidate Priti Patel was days ago elected as the new Vice Chairperson of International Cooperative Alliance, Asia Pacific [ICA-AP] Women Committee. Patel won the ICA-AP elections with a whopping…
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20 NovemberEast Africa
Hustlers’ Fund to be accessed through SMS short code
NAIROBI-The Hustlers’ Fund set to be launched in Kenya at the end of this month will not require any official registration, according to Sacco Review reports. Co-operative and Micro, Small, and Medium…
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