education
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Cooperatives & Communities
Stanbic Bank loans to SACCOs hit Shs 55bln
KAMPALA – Savings and Credit Cooperative Societies [SACCOs] have so far received loans worth Shs 55 billion from Stanbic Bank Uganda, according to Patrick Twinamatsiko, the head of SACCOs business at Uganda’s…
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East Africa
IUCEA begins Phase II construction of multi-million-dollar headquarters
KAMPALA – The Inter-University Council for East Africa [ IUCEA ] held a groundbreaking ceremony for the construction of the second phase of its Headquarters in Kampala. The project worth over US$…
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National
Prioritise domestic revenue mobilisation to curb external borrowing, ICPAU boss urges gov’t
ENTEBBE – The government has been tasked to boost domestic revenue mobisilisation as one way of curbing external borrowing which has hindered the faster development of the country. While speaking at the…
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National
EU commits Euro 800mln for reproductive health, others
ALEBTONG – The Netherlands and the other European Union [ EU ] Member States, have committed Euro 800 million to fight sexual and gender-based violence, promote reproductive health and education as human…
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Cooperatives & Communities
The role of cooperatives in achieving sustainable development
KAMPALA– This year’s International Day of Cooperatives theme is “Cooperatives: partners for accelerated sustainable development”. According to the World Co-operative Monitor, the largest 300 cooperatives and mutuals reported a total turnover of US$ 2,034.98…
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Finance & Banking
MPs pass bill to kick start Islamic Banking in Uganda
KAMPALA – The enactment of the Income Tax Amendment Bill No.2 of 2023 has cleared all legal roadblocks to the commencement of Islamic banking products in Uganda. Parliament on Tuesday, 27 June…
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Cooperatives & Communities
Kumi RDC urges Ugandans to embrace saving culture
KUMI – The Kumi resident district commissioner [RDC], Ahmed Washaki has urged residents in the district and Ugandans at large to embrace a saving culture, saying it is important in wealth creation.…
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News
Nebbi district budget cut by 12 percent
NEBBI – Nebbi district councillors have passed an estimated budget of Shs 36.4 billion for the financial year 2023/2024, which is a decline of 12 percent when compared to Shs 41bln budget…
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News
Mbarara City approves Shs 67.7bln budget for next financial year
MBARARA – Mbarara City councillors have passed a draft budget of Shs 67.7 billion for the next financial year 2023/2024 which kicks off on July 1, 2023. John Kavigi, the chairperson social…
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Education
Govt urged to repair dilapidated Kakyeka Stadium
MBARARA – The commissioner of Physical Education and Sports in the Ministry of Education and Sports, Rev. Canon Duncans Mugumya has appealed to the government to consider rehabilitating Kakyeka Stadium, saying it…
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