GDP
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Finance & Banking
Local banks post total assets of Shs 46.1trn in 2022
KAMPALA – The Uganda Bankers’ Association [UBA] in its annual report shows the local banking industry grew its total assets by 11.2 percent to Shs 46.1 trillion in 2022 compared to Shs…
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Development
KCCA needs Shs 800bln annually to work on roads, says minister Kabuye
KAMPALA-Kampala City requires a 10-year master plan with funding estimated at Shs 800 billion annually to revamp roads and drainage infrastructure, according to State Minister for Kampala Capital City and Metropolitan Affairs,…
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International
Global economy’s “speed limit” set to fall to three-decade low
WASHINGTON – The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is…
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International
FAO event looks at role of cooperatives in driving responsible sourcing and sustainability-driven trade requirements
ROME – On March 15, the Food and Agricultural Organisation [ FAO ] hosted an online event to explore the key issues related to responsible sourcing and sustainability-driven trade requirements. The session…
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Agriculture
Kapelebyong district leaders, staff trained to implement major irrigation programme
KAPELEBYONG – Kapelebyong district is building the capacity of agricultural extension workers and lower local government leaders on the implementation of the Micro-scale Irrigation Programme, which aims to have more land in…
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International
Sharp, long-lasting slowdown to hit developing countries hard, says World Bank
WASHINGTON – Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the latest Global Economic…
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Cooperatives & Communities
VSLA brings joy to Kwania residents
KWANIA -More than 400 registered saving groups in Kwania district are benefiting from Village Savings and Loans Association [VSLA] programme, which is turning into a formal alternative savings scheme for residents. Under…
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News
Teso fishermen warned against invading fish breeding areas
SOROTI– The Assistant Commissioner for Enforcement in the Directorate of Fisheries Resources, Daisy Olyel Aciro has warned fishermen in Teso Sub-region to keep off the fish breeding areas. This comes at a…
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East Africa
Kenyan cooperatives outline challenges facing sector
NAIVASHA-Stakeholders that run cooperatives in kenya days ago in Naivasha aired the major challenges facing the sector, saying that urgent attention is needed, according to Sacco Review. They were meeting the Cooperatives…
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News
Schools urged to engage in agricultural practices
SOROTI– Schools in Uganda have been asked to actively participate in agricultural practices as one of the ways of preparing the learners to engage in production after school. The call was made…
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