Finance
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News
Lira district head castigates ministry over Shs 600mln allocation
LIRA– Lira district, LC5 chairperson, Richard Cox Okello Orik is displeased after the Health Ministry allocated only Shs 600 million to the district’s health department in the next financial year. This is…
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News
aBi Finance Limited readies loans for Tier IV MFIs and SACCOs
KAMPALA– Tier IV Microfinance institutions [MFIs] and SACCOs in Northern and Eastern Uganda looking for funding no longer have to worry. This is because aBi Finance Holdings Limited has availed concessional loans…
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News
Lango education experts root for hands-on skills in A’ level curriculum
LIRA– Educationists in the Lango sub-region have asked the Ministry of Education and Sports to revise the A` level syllabus with emphasis on integrating vocational skills training in the curriculum. They said…
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News
Amuru district approves Shs 28bln budget for financial 2022/23
AMURU– Amuru district council on Tuesday approved Shs 28 billion budget for the financial year 2022/23, an increase from Shs 24bln earmarked in the current financial year 2021/22. The district’s next financial…
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News
Finance Minister Kasaija snubs COSASE, summoned
KAMPALA– Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises [COSASE] has summoned the Minister of Finance Matia Kasaija after he failed to appear before the committee for the second time to…
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News
MPs, minister clash over proposal to extend tax holiday for power company
KAMPALA – Parliament’s Committee on Finance, Planning and Economic Development, has started understudying the new Tax Bills for the Financial Year 2022/2023, with the legislators questioning government’s proposal to exempt Bujagali Power…
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Cooperatives & Communities
Pader district farmers get ox-ploughs to boost production
PADER – Hundreds of farmers from various sub counties in Pader district have received ox-ploughs to boost their farming. The 180 ox-ploughs were distributed by Country Side Harvester, a farmer-led organisation to…
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Cooperatives & Communities
Muslims in Uganda urged to form SACCOs
KAMPALA– Muslims in Uganda have been advised to form Saving and Credit Cooperatives [SACCOs] if they are to benefit from government’s poverty eradication programmes such as Emyooga and Parish Development Model [PDM].…
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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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News
Minister tasks MPs to mobilise people to get out of poverty
WEST NILE – After very many interventions by government to eradicate poverty across the country failed, the Finance Minister Matia Kasaija has tasked MPs to mobilise Ugandans for the Parish Development Model…
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