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News
Kenyan SACCOs outshine banks in loan market amidst high interest rates
NAIROBI, December 16, 2024: Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have attracted a growing number of customers seeking more affordable loan options as commercial banks keep charging higher interest rates. Despite…
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Cooperatives & Communities
Emyooga: Apac struggling to recover Shs 50mln from politicians
APAC – Supervisors of Emyooga Programme in Apac Municipality and Apac district are struggling to recover Shs 50 million loaned to different Emyooga SACCOs owned by politicians in the two administrative units.…
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Development
Bad road irks Hoima farmers
HOIMA– Farmers in Kibugumbya parish in Kyabigambire Sub-county in Hoima district Hoima have attributed the poor state of a popular road to their leaders, saying they have not acted despite several complaints.…
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Cooperatives & Communities
Help VSLAs invest in lucrative agricultural ventures, minister urges district officials
NWOYA– The State Minister for Northern Uganda, Grace Kwiocwiny has urged Nwoya district officials to enroll the local Village Saving and Loan Associations [VSLAs] into lucrative agricultural ventures. The minister made the…
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News
KCCA opens court to receive property rate cases
KAMPALA – Kampala Capital City Authority (KCCA) Council has approved a new Valuation Court. The court will be responsible for receiving complaints from the landlords aggrieved by the property tax valuations. Samuel…
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Cooperatives & Communities
Emyooga fund defaulters to face arrest
FORT PORTAL: The State Minister for Finance Planning and Economic Development in charge of microfinance, Haruna Kasoro Kyeyune has given Emyooga fund defaulters one month to clear their debts or face arrest.…
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Development
USAID to fund agriculture co-operatives in Uganda
KAMPALA– Some of the agriculture co-operatives in Uganda will be able to access cheap loans enabled by United States Agency for International Development [USAID] / Uganda Strategic Investment Activity (SIA), with co-operators…
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News
BoU keeps CBR at 6.5 percent in April
KAMPALA – The Bank of Uganda [BoU] has maintained the Central Bank Rate [CBR] at 6.5 percent for the month of April 2022, as the economy continues to recover from the Covid-19…
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