Finance
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Cooperatives & Communities
Masindi lorry drivers accuse security personnel of harassment
Lorry drivers in Masindi district, under their umbrella organization Bunyoro Lorry Drivers Association have accused security operatives in the district of extortion and harassment. The drivers say the harassment is perpetrated in…
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Cooperatives & Communities
COVID-19: Tough times for SACCOS as more members default on loans
Savings and Credit Cooperative Organizations (SACCOs) in Western Uganda are facing increased member defaults on loans in the wake of the novel Coronavirus. According to Pison Mugizi, Chairman of Butuuro SACCO in…
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Cooperatives & Communities
COVID-19: Gulu savings groups suspend activities over pandemic
Several savings and loans associations in Gulu district have suspended their operations, amid the novel Coronavirus (COVID-19) pandemic. Members of the savings groups revealed that they stopped saving money three weeks ago,…
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Cooperatives & Communities
COVID-19: Milk trade can continue, Mbarara RDC assures farmers
Dairy farmers and traders in Mbarara district are free to transport their milk to the market normally, per the presidential directive, Mbarara Resident District Commissioner (RDC), Lt Col. James Mwesigye has assured.…
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COVID-19: Members of Moroto VSLAs default on loan repayment
Several Village Savings and Loans Associations (VSLAs) in Moroto Municipality, Moroto district are facing challenges recovering money lent to their members, many of whom have been put out of business by the…
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News
Masindi access roads to connect farmers to market
The Masindi district Local Government is set to receive Shs. 8 billion to construct access roads under the Agriculture Cluster Development Project (ACDP). Job Byaruhanga, the District Agricultural Officer Masindi, made the…
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Cooperatives & Communities
Farmers blame bad roads for premature coffee harvests
Coffee farmers and Cooperators in Kasese district have blamed the poor road network for the losses they make as a result of harvesting and selling unripe coffee beans. The farmers made the…
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Cooperatives & Communities
Kasese traders vow to reward president for market
Traders in the Western Uganda district of Kasese have vowed to reward President Museveni handsomely for a new market currently under construction in Kasese town. Construction of Kasese Central market is being…
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News
Avoid commercial banks, Minister advises entrepreneurs
The State Minister for Microfinance, Hon. Haruna Kasolo Kyeyune, has advised small scale entrepreneurs to desist from taking high-interest loans from commercial banks, arguing that such rates may cripple rather than boost…
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