Loans
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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
Standard Chartered launches ‘Dream Big Employee Banking campaign’
KAMPALA– Standard Chartered Bank Uganda has today launched an employee banking campaign dubbed “Dream Big with Standard Chartered Bank.” According to the bank’s officials, the campaign which will run until March 31,…
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News
Vendors lose millions as fire guts Kitagwenda market
KITAGWENDA: Vendors who have been operating from Kitagwenda central market in Kitagwenda town council are crying foul after the market caught fire burning all their goods to ashes. The fire that gutted…
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Cooperatives & Communities
Apac boda boda operators lose motorcycles to creditors
APAC-Some of the boda boda operators in Apac Municipality under the umbrella of Apac Boda-Boda Service Association [ABSA] have become jobless after lenders impounded the motorcycles they were riding to earn a…
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Cooperatives & Communities
Keep saving with Wazalendo SACCO, general tips UPDF retirees
MBARARA – Maj. Gen. Francis Takirwa, the deputy commander Land Forces in Uganda People’s Defence Forces [UPDF], has appealed to the retirees of the Force to keep saving with Wazalendo SACCO [WSACCO],…
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Finance & Banking
Commercial banks continue to raise lending rates
In line with the tight monetary policy stance, lending rates in Uganda have exhibited an upward trend with commercial banks raising their prime lending rates by one percentage point on average, according…
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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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Cooperatives & Communities
Paicho Central Kal Cooperative Society farmers keen on record keeping
GULU– Farmers under Paicho Central Kal Cooperative Society in Gulu district have prioritised record keeping, saying it helps them to track their business transactions. The cooperative which largely grows maize, sorghum, soybeans,…
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News
Minister Nabakooba cautions Oyam against land fragmentation
OYAM- The Minister of Lands, Housing and Urban Development, Judith Nabakooba has advised the people of Oyam district against land fragmentation, saying it affects large-scale agricultural production. Handing over 2000 certificates of…
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Cooperatives & Communities
Wazalendo SACCO opens cash branch in Mbarara City
MBARARA- The Uganda People’s Defence Forces [UPDF]’s Wazalendo Savings and Credit Cooperative Society Limited has opened a cash branch in Mbarara town to help its members access cash services in a conducive…
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