Budget
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News
Lack of funds frustrates road works in Mbarara City
MBARARA – The mayor of Mbarara City, Robert Mugabe Kakyebezi has said the completion of road works in the city is slow due to the delay in the release of funds from…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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Cooperatives & Communities
2023/2024 budget: Govt earmarks over Shs 1trn for SACCOs
KAMPALA– Government has earmarked Shs 1.177 trillion for various SACCOs in the upcoming 2023/2024 financial year, according to State Minister for Microfinance, Haruna Kasolo. Parliament yesterday approved the Shs 52trn budget for…
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Agriculture
Funding crippling mass food, seed production
LIRA– The government`s recently launched strategic mass food and seed productions in the country has been affected by poor release of funds in the first planting season. Dr. Laban Turygenda, the director…
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Finance & Banking
Kabarole district approves Shs 27.3bln budget for next financial year
Kabarole: Kabarole district council has approved a budget of Shs 27.3 billion for the next financial year 2023/2024 with education taking a lion’s share of Shs 9.5bln. The education sector is followed…
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News
Opposition finds extra Shs10trn revenue in alternative budget
KAMPALA-For the first time in Uganda, the Leader of the Opposition in Parliament, Mathias Mpuuga last Friday presented an alternative to the government’s 2023/4 budget, finding Shs10 trillion on the revenue side…
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Cooperatives & Communities
West Nile Cooperative Union to petition Museveni over Shs 9.7bln compensation
ARUA – Leaders of West Nile Cooperative Union say they will petition the Office of the President over Shs 9.7 billion that government has failed to compensate them. The tobacco farmers’ cooperative…
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News
2023/2024 budget: Mpuuga pledges to support social protection funding drive
KAMPALA-The Leader of Opposition in Parliament [LoP], Mathias Mpuuga has committed to supporting efforts geared towards funding social protection in the 2023/2024 national budget. This was during a meeting where the Uganda…
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International
2023 Union Budget of India: NCUI President sees surge in co-op fund
NEW DELHI – Cooperative leaders of the land are expecting a bonanza from the upcoming 2023 Union Budget of India to be presented in the Parliament on Wednesday by Union Finance Minister…
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Development
Gov’t urged to pay contractors
KAMPALA-Government has been urged to prioritise funds meant for the payment of contractors hired by Uganda National Roads Authority [UNRA] if financial hemorrhage is to be avoided. As of 27 September 2022,…
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