Uganda
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National
Journey to revive Cooperative Bank begins as gov’t inaugurates steering committee
KAMPALA– Cooperators in Uganda could soon have access to cheap and appropriate financing after the government on Tuesday inaugurated a steering committee to revive the defunct Cooperative Bank whose assets were taken over…
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East Africa
Mid-term growth for East Africa region projected highest on the continent for 2023-2024
KAMPALA – East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5 percent, according to the newly published African Development…
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Africa
Netball World Cup 2023: All set for spectacular start in Cape Town
CAPE TOWN – The stage is set and it’s finally go-time as Africa’s first-ever Netball World Cup gets underway in Cape Town on Friday. The 16 competing teams arrived in South Africa’s…
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Western
Fishermen on Lake Albert robbed
HOIMA – Police in the Albertine region are investigating a robbery incident in which suspected militiamen from the Democratic Republic of Congo [DRC] robbed Ugandan fishermen on the waters of Lake Albert. Speaking…
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National
Minister Nankabirwa to highlight investment opportunities at Africa Oil Week 202
KAMPALA – Ruth Nankabirwa Ssentamu, the Minister of Energy & Mineral Development will once again speak at Africa Oil Week [AOW], taking place in Cape Town, South Africa from October 9-13, 2023.…
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Cooperatives & Communities
Alebtong VSLAs get Shs 60mln soft loan from Islamic Development Bank
ALEBTONG – Islamic Development Bank has given a Shs 60 million soft loan to four village savings and loans associations [VSLAs] in Alebtong district. The money was provided through Local Economic Growth…
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Northern
Equity Bank readies loans for small enterprises in Acholi
GULU – Equity Bank Uganda has committed to supporting small-scale enterprises in Acholi Sub-region so that they can sustain their operations. At least 1,000 market vendors in Gulu City and its neighboring…
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National
Economic activity in Uganda strengthens in May
KAMPALA – The overall economic activity as well as business conditions in Uganda continued to strengthen during the month of May, according to the latest Performance of the Economy Report released by…
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National
Our target for CECAFA U-18 Women’s tourney remains the same despite disruptions, says midfielder Nabulime
KAMPALA – Uganda U18 Women’s National Team midfielder Phiona Nabulime has indicated the team still harbours the same targets despite the changes in the tournament dates and hosts. It should be noted…
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