Business
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News
Lira based Indian investor losses sunflower worth Shs100m
LIRA – An Indian investor in Lira City has lost 54 tons of sunflower seeds worth Shs100m to suspected thieves. The grains according to sources, started disappearing in January but the proprietor…
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Cooperatives & Communities
Population growth threatening sustainable land use in Teso sub-region
SOROTI – The current population growth is threatening sustainable land use in Teso sub-region. Figures from the National Population Council (NPC), a state agency that advises the government on population issues, show that…
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Cooperatives & Communities
Putting Principle Six in action makes co-ops thrive
US -The sixth cooperative principle (Cooperation amongst cooperatives) provides cooperatives a crucial advantage, enabling them to work together on joint projects, lower costs and exchange knowledge. This is the case at the…
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News
UMEME sees slight jump in gross profit as it seeks extension of concession beyond 2025
KAMPALA – Uganda’s electricity distributor, UMEME earned some profit in 2021 even as the country was placed under covid-19 lockdown as a way to curtail the fast spread of the deadly virus…
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News
UNBS launches standard to facilitate commercialisation of edible insects
KAMPALA -Ugandans who enjoy eating edible insects like grasshoppers (Nsenene) now stand a better chance of enjoying better quality as a standard of safe production, handling and consumption has been released by…
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East Africa
Stanbic bank profit up by 12%
KAMPALA – Uganda’s biggest bank by assets Stanbic saw its profit before tax rise up by 12% to Shs 359.6 billion in 2021 from Shs 320.7 billion previously. The lender said in…
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Cooperatives & Communities
Construction of Mbarara’s Shs 20bn new market is completed after more than 5 years
MBARARA – Mbarara Central Market that had stalled for about five years since 2018 has been completed. The contractor, Roko Construction Company officially handed it over to the City Council. The new…
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Cooperatives & Communities
Value added pumpkins boost Gulu Farmers savings
GULU – A local farmer group in Unyama sub-county, Gulu district is adding value to pumpkins in a bid to cut out the middle man and earn more money from the fruit.…
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Cooperatives & Communities
Vendors seeking government support after Elegu market fire outbreak
AMURU – Victims of last month’s fire outbreak at Elegu Border Market that saw items worth more than Shs3 billion destroyed have appealed for government support to help their businesses recover from…
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Cooperatives & Communities
Amuru authorities issue fresh ban on makeshift structures at Elegu Border Market
AMURU – Authorities in Amuru district have banned traders at Elegu Border Market from erecting new makeshift structures at the market following a fire outbreak that destroyed properties worth billions of shillings.…
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