Finance
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Cooperatives & Communities
Government injects Shs 1.6bn into Masindi SACCOs
The government has given Shs1.6 bn to 54 SACCOs in Masindi district under the Presidential Cluster Initiative on Wealth and Job Creation (Emyooga). The cash injection was made in fulfillment of a…
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How SACCOs came to dominate Uganda’s Cooperative Movement
As you travel across Uganda, you will not miss a signage with the word “Savings and Credit Cooperative Societies (SACCOs)”. Even businesses that lend money and have nothing to do with formal…
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Cooperatives & Communities
Lango Cooperative Union in battle to recover lost assets
The leadership of Lango Cooperative Union is struggling to repossess its prime assets that were lost to private individuals. Formed in 1952 to promote cotton growing in the greater Lango sub-region, it…
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Cooperatives & Communities
Mbarara Central Market completion extended again
Traders in Mbarara district will again have to wait longer before they can occupy the highly anticipated Mbarara Central Market, after its completion date was extended to January 2021. This is the…
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Cooperatives & Communities
Pakwach: Rising L. Albert waters destroy local businesses
Business owners in Panyimur Town Council, Pakwach district, are in tears over the rising levels of Lake Albert that have submerged several business premises in the area, leading to loss of income…
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Cooperatives & Communities
Prioritize EAC integration, Museveni urges
President Yoweri Museveni has asked local leaders to focus on East Africa’s integration, saying Ugandans stand to gain more from being able to access the larger regional market than being limited to…
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Cooperatives & Communities
Nebbi traders bitter over creation of rival market
Traders in Nebbi main market are bitter over the creation of a rival market at the district’s Mayor’s garden which they say has affected their businesses. Mayor’s garden temporary market was created…
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Cooperatives & Communities
600 Inomo Sub County youth to receive vocational skills training
At least 600 youth from the four parishes of Ajok, Aluka, Inomo, and Banya in Inomo Sub County, Kwania district are set to receive vocational skills training in shoe making, motorcycle repair…
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Cooperatives & Communities
COVID-19 leads to 35% drop in Nebbi municipality revenue
Nebbi Municipality has recorded a 35% drop in revenue collection as a result of the COVID-19 pandemic’s toll on businesses. This has affected service delivery and led to suspension of some of…
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Cooperatives & Communities
Museveni donates tractor to ex-soldiers
Ex-special forces soldiers from Gulu, commonly known as Kikosi Maalum, have received a tractor donated to them by President Yoweri Museveni to help them get out of poverty through agriculture. Mathew Opoka,…
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