Law
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Cooperatives & Communities
BoU tasked to explain sale of Cooperative Bank assets
KAMPALA-The Office of the Solicitor General has asked the Bank of Uganda [ BoU ] to explain the process regarding the sale of assets belonging to the defunct Cooperative Bank established in…
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Finance & Banking
Gov’t starts payment of Shs 2.5 trn matured securities
KAMPALA– Government is to pay Shs2.5 trillion to the Bank of Uganda [BoU)]in matured securities after its repayment was disrupted by the advent of COVID-19. The money is a domestic loan acquired…
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Cooperatives & Communities
Ibanda: Civil servants warned over misuse of PDM funds
IBANDA – The Parish Development Model [PDM] deputy national coordinator, Jovrine Kaliisa has warned technocrats and beneficiaries of the programme, saying that any misuse of the funds, will cause them to be…
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Cooperatives & Communities
Mayuge RDC gives money lenders ultimatum to return clients’ IDs
MAYUGE – The deputy resident district commissioner Mayuge, Trevor Solomon Baleke has issued an ultimatum to all money lenders in the district to return all national identification cards [ IDs ] confiscated…
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Education
Kabalega Secondary School to embark on agri-business
MASINDI– Administrators at Kabalega Secondary School in Masindi Municipality have decided to invest in agri-business as one way of helping the school boost its income streams. Speaking during the twin inauguration of…
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News
Minister investigates Lwengo land dispute
LWENGO-The State Minister for Lands, Sam Mayanja is to intervene in a dispute where two Ugandan groups are conflicting with an Indian, Kulsum Patel over 257 acres of land located at Kasambya…
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East Africa
Radical changes in the draft Co-operatives Bill
NAIROBI-Co-operative Societies will soon be allowed to sell and purchase members’ shares and trade capital instruments through a Co-operatives platform if the Cooperatives Bill 2021 is passed. If the Bill is passed…
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East Africa
Kenya to have court for cooperatives
NAIROBI-Disputes in Kenya’s co-operative sector will now be handled by the Co-operative Court which will stand on its own aside from the existing Co-operative Tribunal, if the draft bill will be enacted…
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Agriculture
Bill prohibiting GMOs in offing
KAMPALA-A section of Members of Parliament is planning to introduce a bill prohibiting Genetically Modified Organisms [ GMOs ] in Uganda. Led by Bufumbira County East MP, James Nsaba Buturo, the legislators…
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Development
Illegal fishing: MPs disagree with Museveni on key proposal
KAMPALA-The Members of Parliament have rejected a proposal by President Museveni to include the Uganda People’s Defence Force [ UPDF ] in the Fisheries and Monitoring Unit, under the Fisheries and Aquaculture…
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