Parliament
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Agriculture
FPU burns Shs 2bln illegal fishing gear on Lake Albert
NTOROKO – The UPDF Fisheries Protection Unit [FPU] has impounded and burnt illegal fishing gear on Lake Albert in Ntoroko district worth about Shs 2 billion in a six-months operation. The operation…
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News
Bill regulating competition among businesses passed
KAMPALA – Parliament last week passed the Competition Bill 2022 aimed at facilitating fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks to…
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Finance & Banking
MPs approve over Shs 355bln loan for INVITE project
KAMPALA – Government’s request to borrow up to US $96 million [Shs 355.5bln] to finance the Investment for Industrial Transformation and Employment [ INVITE ] project has been okayed by Parliament. The…
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News
Gov’t withdraws €500mln request amid sovereignty concerns
KAMPALA – Government has withdrawn a financing request of €500 million from Amarog Capital Limited and Sovereign Infrastructure Group over concerns regarding tax waivers on interest and fees, as well as the…
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Environment
Leaders welcome Museveni’s executive order on charcoal business
GULU– President Museveni`s executive ban on commercial charcoal in Northern Uganda and Eastern Uganda has drawn mixed reactions among leaders. In a letter dated May 19, Museveni banned commercial charcoal business in…
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Cooperatives & Communities
Museveni boosts Otuke SACCOs with Shs 100mln
OTUKE – President Yoweri Museveni has pledged Shs 100 million donation to support Saving and Credit Cooperative Organisations [SACCOs] in Otuke district. Museveni offered the donation as he camped in the Lango…
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Environment
Parliament halts evictions in Mt. Elgon National Park
KAMPALA – The Speaker of Parliament, Anita Among, has issued a directive to Uganda Wildlife Authority [UWA] officials in Sebei sub-region to halt evictions of people living around Mt. Elgon National Park.…
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Cooperatives & Communities
Promoter meets Lango cultural leaders over establishment of coop bank
LIRA – A concerned Ugandan Lt. Moses Mugisha Magufuri has held discussions with the leaders of Lango Cultural Foundation in Lira City East Division over the establishment of Agriculture and Cooperative Bank.…
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Cooperatives & Communities
Hot debate in parliament over money lender’s death
KAMPALA – The murder of Uttam Bhandari, a city money lender by a police officer, Ivan Wabwire, has stoked debate in parliament on mental health, minimum wage and exorbitant interest rates in…
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Cooperatives & Communities
Kabarole: Lack of information impedes implementation of PDM
KABAROLE – The Kabarole district LCV chairperson, Richard Rwabuhinga has expressed concern over the information gap in the implementation of the Parish Development Model [PDM], saying it could derail the progress of…
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