Law
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Cooperatives & Communities
Emyooga: Shs 1.7bln not yet recovered in Kumi
KUMI – The authorities in Kumi district are struggling to recover about Shs 1.7 billion advanced to various Savings and Credit Cooperative Societies [SACCOs] under Emyooga Programme. In 2021, government through Microfinance…
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Cooperatives & Communities
Arua City Emyooga SACCOs urged to be audit ready
ARUA– Arua City authorities have warned Emyooga SACCO leaders in the city not to run away but instead prepare for the planned audit of their business transactions s required by law. The…
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Environment
Adjumani police arrest six inside protected areas
ADJUMANI– Police in Adjumani district have detained six suspects with 297 pieces of timber worth Shs 89 million. The timber was cut from protected areas of East Madi Wildlife and Conservation and…
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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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