Loans
-
News
Kiryandongo district leaders struggling to recover YLP funds
KIRYANDONGO, February 5, 2024 – Most youth in Kiryandongo district have defaulted on the loans disbursed to them under the Youth Livelihood Programme [YLP] to finance their income generating projects. Launched in…
Read More » -
Cooperatives & Communities
Masindi Emyooga defaulters given one week ultimatum to pay back loans
MASINDI, January 24, 2024 – Masindi Municipality Emyooga defaulters have been given an ultimatum of one week to clear their debts or else face arrest. The ultimatum was issued days ago by…
Read More » -
National
BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
Read More » -
Development
MPs raise concerns over Uganda’s debt burden
KAMPALA, January 13, 2024 – The increasing debt burden facing Uganda continues to bother Members of Parliament on the Budget Committee who have put the Ministry of Finance, Planning and Economic Development…
Read More » -
Cooperatives & Communities
SACCOs gift members during Christmas
BUSHENYI, January 3, 2024 – Most Savings and Credit Cooperative Organisations [SACCOs] in a campaign dubbed ‘Ekiterekye’ gifted best-performing members on the eve of Christmas celebrations. According to Felix Mugisha, General Manager…
Read More » -
National
Political interference derailing USMID project, district bosses say
KAMPALA, December 13, 2024 – As the World Bank-funded infrastructure development project, USMID, winds up, officials from benefiting districts and cities have asked for Parliament’s intervention to stop political interference, saying it…
Read More » -
Cooperatives & Communities
Soroti City journalists’ SACCO tipped on record keeping
SOROTI, November 23, 2023 – Executive members of Soroti West City Division Journalists Emyooga SACCO in Soroti City have been advised to keep records if they are to properly manage the SACCO.…
Read More » -
Cooperatives & Communities
PDM SACCO members in Otuke invest in agri-business
OTUKE, November 22, 2023 – Members of Ating Orum Parish Development Model [PDM] SACCO have invested the money received in agri-business and expect to earn profits in the near future. Some of…
Read More » -
Cooperatives & Communities
Bukwo SACCO applauds Fanaka Finance for offering affordable financing
BUKWO, November 21, 2023 – The management of Kapsukwar Savings and Credit Cooperative Society in Bukwo district has hailed Fanaka Finance Limited for offering appropriate and affordable loans to their cooperative, enhancing…
Read More » -
Cooperatives & Communities
Agribusiness should benefit from the attention of banks and institutional donors, experts say
MARRAKESH, November 14, 2023 – Banks, institutional partners and the private sector should invest heavily in agribusiness in Africa, a sector that suffers from a financing gap just as it becomes the…
Read More »