Investment
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Cooperatives & Communities
Mao calls for an investigation into the massive land given for establishment of Industrial Parks.
GULU– The Democratic Party [DP] President General Norbert Mao has called for an investigation into the series of land being offered by members of the community to the government for the establishment…
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Fairtrade
ILO’s ACCEL Africa Project empowers Nigeria’s cocoa cooperatives
LAGOS– In Nigeria, the ILO’s ACCEL Africa Project is working with a network comprising field trainers, managers of cooperative unions, members of cocoa farmers’ cooperative society and other supporting organizations in the…
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Cooperatives & Communities
NAADS trains youth leaders on dairy farming
LIRA – A total of 67 youth leaders in the Lango and Acholi sub-regions have been trained on the management of dairy cow, poultry and pigs by National Agricultural Advisory services [NAADS].…
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Cooperatives & Communities
Oil and FID: Ker Kwaro Acholi calls for deliberate support to the Acholi Business Community
GULU – The Acholi Cultural Institution-Ker Kwaro Acholi wants the Government of Uganda and the stakeholders in the petroleum oil and gas sector to make a deliberate effort to empower the local business…
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News
DFCU’s pre-tax profits fall by 67.8% in 2021
KAMPALA – Business for DFCU was mild last year as the institution’s gross profits curve fell by a hefty 67.8%, blamed on rolling lockdowns brought on by the global pandemic. In a…
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Agriculture
Bank for dairy farmers, health insurance for cooperatives to be launched in India
INDIA– Union Cooperation and Home Minister Amit Shah will inaugurate the mega cooperative event tomorrow April 1, 2022 at Palace Grounds, Bangalore in India. During the conclave, he will launch the logo…
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Northern
UNDP, KOICA launch construction of three markets in refugee hosting districts
ADJUMANI – The United Nations Development Programme [UNDP] in partnership with the Korean International Cooperation Agency-KOICA launched the construction of markets in each of the three refugee hosting districts in Northern Uganda. The…
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News
Lira based Indian investor losses sunflower worth Shs100m
LIRA – An Indian investor in Lira City has lost 54 tons of sunflower seeds worth Shs100m to suspected thieves. The grains according to sources, started disappearing in January but the proprietor…
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News
UMEME sees slight jump in gross profit as it seeks extension of concession beyond 2025
KAMPALA – Uganda’s electricity distributor, UMEME earned some profit in 2021 even as the country was placed under covid-19 lockdown as a way to curtail the fast spread of the deadly virus…
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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…
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