Covid-19 pandemic
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International
Africa progresses in building tax transparency, tackling illicit financial flows
NAIROBI– 2021 requests for information for tax collection purposes in Africa rose 26 percent over the previous year, signaling continued progress toward tax transparency in spite of a challenging environment, according to…
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News
Stagflation risk rises amid sharp slowdown in growth
WASHINGTON– Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble…
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Cooperatives & Communities
EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
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Cooperatives & Communities
UDB and EU launch over Shs 60 bln second tourism facility
KAMPALA– Uganda Development Bank [UDB] in partnership with the European Union [EU] has announced a special call for eligible businesses in the tourism sector to apply for and receive up to Shs…
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Cooperatives & Communities
Uganda Prisons SACCO loan book rise 31% in 2021
KAMPALA – Uganda Prisons Service (UPS) Savings and Credit Cooperative Society [SACCO] saw a growth in loans to members in 2021 as they rose by 31% to Shs 7.3 billion from Shs…
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Cooperatives & Communities
ACPCU registers 10% asset increase despite Covid-19 pandemic
SHEEMA – While several cooperatives around the country suffered serious setbacks during the Covid-19 induced lockdown, Ankole Coffee Producers Cooperative Union (ACPCU) located in Kabwohe Town Council, Sheema Municipality registered a 10%…
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Cooperatives & Communities
Cooperatives trained on business recovery in post Covid-19 pandemic
KAMPALA – Following the Covid-19 national lock down, many business ventures stagnated while several others collapsed as many of the clientele lost their purchasing power after losing their jobs and other sources…
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