Industrialisation
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News
Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
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News
Butebo locals urged to use land efficiently for economic prosperity
BUTEBO, August 23, 2024 – President Yoweri Kaguta Museveni has called on residents of Butebo district in eastern Uganda to fully utilise their land to achieve greater economic prosperity He made his…
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News
National Budget Month for FY 2024/2025 launched
KAMPALA, June 4, 2024 – The Ministry of Finance, Planning and Economic Development [MOFPED] has launched the National Budget Month for the Financial Year [FY] 2024/2025 during a function held at Kampala…
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Eastern
Mbale Industrial Park to create more 10,000 jobs
MBALE, October 5, 2023 – Sino Uganda- Mbale Industrial Park intends to create more than 10,000 jobs, according to its chairperson, Paul Zhang. Established on 619 acres in Mbale City by Tian…
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Cooperatives & Communities
PDM: Parishes receive Shs 50mln each
KAMPALA – Parishes that were able to establish SACCOs have each received Shs 50 million in the current financial year, which is half of the Shs 100 million pledged by the government,…
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Africa
AfDB approves US$ 147mln in subordinated debt to Mauritius Commercial Bank
ABIDJANI-The African Development Bank [AfDB] has approved US $147 million in subordinated debt to the Mauritius Commercial Bank Ltd [MCB] to enhance its capital base and mobilise loan growth in the renewables,…
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News
Lango Zonal Industrial Hub admits 240 for skills training
LIRA -A total of 240 youth have been admitted to Lango Zonal Industrial Hub at Lira University to undergo a five-month skills development training meant to help youth create their own jobs.…
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News
2023/2024 budget: Mpuuga pledges to support social protection funding drive
KAMPALA-The Leader of Opposition in Parliament [LoP], Mathias Mpuuga has committed to supporting efforts geared towards funding social protection in the 2023/2024 national budget. This was during a meeting where the Uganda…
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Education
Over 300 graduate from Lira University
LIRA-Lira University last Friday passed out a total of 377 students who completed studies in different academic disciplines. The graduands received Masters, and Bachelors degrees as well as Post-graduate diplomas in Business…
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Africa
Over 30 African countries have industrialised in last decade-new AfDB report
NIAMEY-Thirty-seven of 52 African countries have become more industrialised over the past 11 years, according to a new report from the African Development Bank [AfDB], the African Union [AU], and the United…
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