money
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News
Legislators to have midterm access to pension contributions
KAMPALA-Members of the Parliamentary Pension Scheme are poised to access 20 percent of the money they contributed if President Museveni assents to an amended bill. The Parliamentary Pensions [Amendment] Bill, 2022, introduced…
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Cooperatives & Communities
Masaka borrowers in trouble over Shs 585mln loan
MASAKA– Authorities in Masaka city have warned youth and women that they will face the wrath of the law if they fail to repay Shs 585 million loan. Both the youth and…
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Cooperatives & Communities
Kibuku residents worried over inadequate PDM funds
KIBUKU-Residents of Kibuku district have expressed concern over the money to be given to groups under the Parish Development Model, saying it is very little. In interviews with several residents in the…
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Agriculture
Prominent Nebbi grapes farmer suffers loss due to prolonged dry spell
NEBBI-Oswald Onencan Mugumba a grapes farmer in Mbaro East village in Nyaravur-Angal town council, Nebbi district was expecting to reap big from his grapes orchard, but due to prolonged dry spells, actual…
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Cooperatives & Communities
Farmers face challenges as rains intensify in Pader, other districts
PADER– Farmers in Pader and other neighbouring districts are finding it difficult to harvest their crops due to heavy rains that have also posed challenges to post-harvest handling. The most affected districts…
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News
Local communities on shores of Lake Albert get Shs 1.6bln water project
KIKUUBE-The local communities on the shores of Lake Albert in Buhuka parish in Kyangwali Sub-county in Kikuube district have a reason to smile as they will no longer use contaminated water, following…
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News
Tooro Kingdom seeks Shs 1.2bln for next month’s Empango celebrations
FORT PORTAL – Shs 1.2 billion is needed to fund activities aimed at marking 27 years of Oyo Nyimba Kabamba Iguru Rukidi IV as king of Tooro Kingdom. The kingdom is to…
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News
MPs call for more money to fund road maintenance in districts
KAMPALA-Members of Parliament are not happy with the delay by government to release money to the Road Fund for the maintenance of roads in various districts of Uganda. MPs were concerned that…
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East Africa
Land, housing sectors take largest share of SACCO loans in Kenya
NAIROBI– A sectoral lending report by Kenya’s SACCO regulator, Sacco Societies Regulatory Authority [SASRA] puts the land and housing sectors of the Kenyan economy as the biggest borrowers of Sacco loans, accounting…
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Cooperatives & Communities
MSC disburses over Shs 600bln to Ugandan enterprises
LIRA– The Microfinance Support Centre [ MSC ] has in a report enumerated its successes and challenges since its inception two decades ago to be a source of cheaper loans for small…
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