Economic Development
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News
Ugandans urged to embrace income-generating projects
KAMPALA, December 14, 2024 — Ramathan Ggoobi, the Permanent Secretary in the Ministry of Finance, Planning and Economic Development and Secretary to the Treasury, has urged Ugandans to focus on government initiatives…
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News
Delayed release of funds affecting road works, says Kasaija
KAMPALA, October 16, 2024 – The Minister for Finance, Planning and Economic Development, Matia Kasaija has revealed that construction works on the Mityana – Mubende Road stalled due to delayed release of…
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News
Interest rates stable as Uganda’s exports surge to US$ 7.5bln
KAMPALA, September 12, 2024 – Commercial bank lending rates for shilling-denominated credit in Uganda averaged 17.89 percent for the year ending June 2024, a decrease from the 18.56 percent average recorded in…
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Africa
Saudi Arabia contributes US$ 2mln towards construction of new COMESA headquarters
LUSAKA – The Government of the Royal Kingdom of Saudi Arabia has donated US$ 2 million towards the construction of a new permanent headquarters for COMESA in Lusaka, Zambia. Saudi Ambassador to…
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Cooperatives & Communities
Over 40 PDM SACCOs in Kumi receive cash for beneficiaries
KUMI – A total of 1,083 Parish Development Model [PDM] beneficiaries in Kumi district have a reason to smile after their PDM SACCOs received the funds for disbursement. According to Kumi district…
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News
Kumi PWDs receive Shs 70mln from Gender ministry
KUMI – Fourteen groups of Persons with Disabilities [ PWDs ] in Kumi district have received Shs 70 million from the Ministry of Gender, Labour and Social Development’s National Special Grant for…
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Cooperatives & Communities
Minister says some parishes will receive more PDM cash than others
KAMPALA– The Minister of State for Finance, Planning and Economic Development (Planning) Amos Lugoloobi, has revealed that some parishes will, in the current financial year, receive more money than others under the…
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News
Omoro district council approves 2022/23 budget
OMORO– Omoro district council has approved a budget of Shs 29.3 billion for the financial year 2022/23, with the education and sports sector taking a lion’s share. The budget was approved on…
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Cooperatives & Communities
New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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