Financial
-
News
Kwania fishermen appeal for financial support
KWANIA, November 14, 2024 – Fishermen at various landing sites around Lake Kwania in Kwania district are appealing to the government for financial assistance in the form of soft loans to help…
Read More » -
International
Bill to disqualify co-operators involved in irregularities introduced in India
NEW DELHI– Co-operative Societies (Amendment) Bill 2023 has been introduced in the Indian State of Goa giving power to the Registrar of Cooperative Societies [RCS] to disqualify directors involved in irregularities, according…
Read More » -
Finance & Banking
UDB, Ojangole win second Global Sustainable Finance Award
KAMPALA-Uganda Development Bank [UDB] and its Managing Director, Patricia Ojangole were for the second time in a row named Sustainability Leader of the Year 2022 at the Karlsruhe Sustainability Awards Ceremony that…
Read More » -
Cooperatives & Communities
Emyooga SACCOs to turn into cooperatives
KABALE– At least 25 Emyooga Savings and Credit Cooperatives [SACCOs] in Kigezi Sub-region are set to be transformed into cooperatives, having grown tremendously since their establishment about two years ago. The Emyooga…
Read More » -
News
Kabarole district approves Shs 27.7bln budget for next financial year
KABAROLE – Kabarole district council has approved a budget of Shs 27.7 billion for the financial year 2022/23, with education taking the biggest share of Shs 8.5bln. The education sector is closely…
Read More » -
News
Gulu City to spend 50.6 percent of 2022/23 budget on roads
GULU– Gulu City Council has approved a budget of Shs 48.7 billion for the financial year 2022/2023, with Shs 24.6bln or 50.6 percent of the total budget going to the construction of…
Read More » -
Cooperatives & Communities
UNATU warns of industrial action as govt raises salaries for science teachers
KAMPALA– Uganda National Teachers Union (UNATU) wants the government to abandon the proposed inequitable salary enhancements in public service and opt for an inclusive one or else all the teachers will soon…
Read More » -
Cooperatives & Communities
Uganda Prisons SACCO loan book rise 31% in 2021
KAMPALA – Uganda Prisons Service (UPS) Savings and Credit Cooperative Society [SACCO] saw a growth in loans to members in 2021 as they rose by 31% to Shs 7.3 billion from Shs…
Read More » -
News
Over 500 youth leaders to receive heifers
MBARARA – Preparations are in high gear for the youth leaders across Uganda to receive in-calf heifers as part of the government’s efforts to make the young people participate in the country’s…
Read More » -
East Africa
Stanbic bank profit up by 12%
KAMPALA – Uganda’s biggest bank by assets Stanbic saw its profit before tax rise up by 12% to Shs 359.6 billion in 2021 from Shs 320.7 billion previously. The lender said in…
Read More »