money
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Northern
Investors decry dire state of roads in Amuru
AMURU – Investors in Amuru district in northern Uganda have appealed to government to urgently intervene and work on roads, saying they are finding it hard to transport their goods to the…
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Cooperatives & Communities
Trade committee begins probe into cooperatives over war loss money
JINJA, September 6, 2023 – Parliament’s Committee on Tourism, Trade and Industry has commenced investigations into the alleged mismanagement of government funds released to cooperative societies/unions. The investigation was ordered by Speaker…
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National
IFAD, Stanbic Bank partner to cut Uganda money transfer costs by half
ROME– The UN’s International Fund for Agricultural Development y [ IFAD ] and Stanbic Bank Uganda [SBU] today announced a partnership that will cut the cost incurred by Ugandan migrant workers sending…
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Cooperatives & Communities
Implementing PDM: MP Acuti asks govt to facilitate parish chiefs
KOLE – The Kole North Member of Parliament in Kole district, Dr. Samuel Opio Acuti has appealed to government to facilitate parish chiefs and SACCO leaders for effective implementation of the Parish…
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Cooperatives & Communities
Kwania SACCO struggling to recover over Shs 70mln from borrowers
KWANIA – Abany Community Development Savings and Credit Co-operative [ SACCO ] is struggling to recover about Shs 72.6 million loaned out to its members in the 2022/2023 financial year. The SACCO…
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Cooperatives & Communities
Tehri DCCB concludes AGM
NEW DELHI – Indian Tehri-Garhwal District Cooperative Bank [ DCCB ] organised its 65th Annual General Meeting days ago, which was attended by the state cooperation minister Dr Dhan Singh Rawat as…
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Cooperatives & Communities
Low uptake of PDM funds worries Kwania leaders
KWANIA – The low uptake of the Parish Development Model [PDM] funds in Kwania district has left leaders worried. PDM, launched by President Yoweri Museveni in February 2022 is expected to lift…
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Cooperatives & Communities
PDM: Shs 36mln mismanaged in Amolatar as lunatic among ghost beneficiaries
AMOLATAR – Police in Amolatar district are investigating the alleged mismanagement of Shs 36 million meant for the beneficiaries of the Parish Development Model [PDM]. The Amolatar district LC5 chairperson, Geoffrey Ocen…
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