construction
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News
Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
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National
Private sector credit declined 0.2 percent in June 2023
KAMPALA – The total value of private sector credit [PSC] approved in June 2023 for disbursement by local commercial banks declined by 0.2 percent to about Shs 1.2 trillion, from about Shs…
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News
Lack of funds hinders completion of Fort Portal City head office
FORT PORTAL – The construction of the headquarters of Fort Portal City Council still hangs in balance due to lack of money. In 2010, the then Fort Portal Municipal Council embarked on…
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International
Coop Czech’s store wins in Wooden Building of the Year Awards
PRAGUE – Coop Czech has achieved an impressive feat by securing second place in the Large Wooden Constructions category of the 13th Annual Wooden Building of the Year competition. The building, operated…
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Finance & Banking
Commercial banks continue to raise lending rates
In line with the tight monetary policy stance, lending rates in Uganda have exhibited an upward trend with commercial banks raising their prime lending rates by one percentage point on average, according…
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Cooperatives & Communities
Over 350 farmers register to plant bamboo in Amuru
AMURU – A total of 353 farmers in Lakang Sub-county in Amuru district have registered to join commercial bamboo farming. This follows an initiative by Association of Acholi Environmentalists, a charity group…
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Education
Construction of Asamuk Seed Secondary School kicks off
AMURIA-Amuria district has officially handed over the site for the construction of Asamuk Seed Secondary School in Asamuk Subcounty. State Minister for Works Musa Echweru, Lillian Eyai, the Amuria resident district commissioner,…
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Cooperatives & Communities
Egyptian gov’t holds press conference on13th Africa Ministerial Cooperative Conference
CAIRO-President of the General Authority for Construction and Housing Cooperatives Hossam Rezq days ago held a press conference to announce details about the hosting by Egypt of the 13th Africa Ministerial Cooperative…
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Environment
Social enterprise makes bricks from recycled plastics
GULU– In response to the ever-increasing prices of building materials like cement in Uganda, Green Home Transformations, a social enterprise is making eco-interlocking bricks from recycled plastics and sand. The innovation which…
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News
Over 190 youth in Kikuube district gain vocational skills
KIKUUBE-198 youth from Kikuube district who acquired vocational skills in disciplines such as agriculture, construction, and tourism were passed out last Friday and some are expected to take advantage of the opportunities…
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