Economy
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News
KRC Uganda acquires over Shs 570mln loan to boost dairy sector in Tooro Sub-region
KABAROLE, February 20, 2024 – Kabarole Research and Resource Centre [KRC] has acquired a loan worth Shs 572 million from Microfinance Support Centre [MSc] to boost the dairy sector in Tooro Sub-region.…
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Eastern
Serere: Fishmongers applaud Minister Adoa for the road project
SERERE, February 1, 2024 – Local fishmongers have lauded Minister of State for Fisheries, Hellen Adoa for launching a new road construction project in Serere district, saying the bad roads are a…
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Finance & Banking
Lending rates surged to 18.4 percent in August, says report
KAMPALA, October 18, 2023 – Lending rates for the shilling-denominated credit increased in August 2023 to 18.4 percent from 17.95 percent in July 2023, according to the latest Performance of the Economy…
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International
Arla rewards climate-forward farmers with share of US$ 326mln
COPENHAGEN, September 15, 2023 – Arla, the Danish-Swedish dairy cooperative recently started to pay out a monthly incentive to its farmer owners based on their sustainability efforts. The incentive is a data-driven…
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Cooperatives & Communities
Brazil can earn US$ 202.1bln with cooperativism in 2027, says OCB
BRASILIA – Brazil has the capacity to have revenues of R$ 1 trillion [about US$ 202.1 billion] with cooperativism and reach 30 million members in 2027, according to the president of the…
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National
Economic activity in Uganda strengthens in May
KAMPALA – The overall economic activity as well as business conditions in Uganda continued to strengthen during the month of May, according to the latest Performance of the Economy Report released by…
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Central
Minister Babalanda warns public servants against corruption
MASAKA – The Minister of the Presidency, Milly Babalanda has warned public servants in the country against corrupt tendencies, saying they deprive citizens of their right to benefit from government development programmes.…
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Africa
Cooperative societies urge Tinubu to establish commission to boost economy
ABUJA – Cooperative societies in Nigeria have called on President Bola Tinubu’s administration to establish the Cooperative Commission of Nigeria [CCN]. According to them, if established, the commission will address the long-standing…
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Cooperatives & Communities
PDM: Gulu and Amuru residents call for translation of informational materials into Acholi dialect
GULU – Several residents of Gulu and Amuru districts in Acholi Sub-region are calling for the translation of informational materials into the Acholi dialect so that they understand the Parish Development Model…
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