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Business & Economics

Micro-finance minister in campaign to rid SACCOS of cheats

Micro-finance minister in campaign to rid SACCOS of cheats

The State Minister for Micro Finance, Haruna Kasolo Kyeyune has launched an operation in Kampala and Wakiso districts to search for all those managers who keep on disappearing with the savings of the members of Savings and Credit Cooperative Societies (SACCOS) groups. While meeting members of Nakasero eyeterekera cyclists and vendors SACCO at Nakasero market […]

Africa’s economic growth to fall 1.6% in 2016 – World Bank

Africa’s economic growth to fall 1.6% in 2016 – World Bank

In their October 2016 report: Africa’s pulse, An analysis of issues shaping Africa’s economic future, the World Bank Group notes that after slowing to 3 percent in 2015, economic growth in Sub-Saharan Africa is projected to fall to 1.6 percent in 2016. That is half of what it was last year and the lowest level […]

Chinese have not received sand mining permits: NEMA

Chinese have not received sand mining permits: NEMA

The National Environment Management Authority (NEMA) says that it has never given sand mining permits to Chinese to operate in Lwera wetlands in Kalungu district. This follows members of parliament recently protesting against the mining of sand in Lwera wetlands and in Lake Victoria by Chinese. The Executive Director of National Environment Management Authority, Tom Okrot, […]

Bugishu asks UMEME to lower tariffs

Bugishu asks UMEME to lower tariffs

Legislators from Bugishu region have asked Umeme to lower the cost of electricity to make it affordable, to the ordinary Ugandans. The lawmakers made the appeal  during a consultative meeting with Umeme officials on how they can assist the company on reducing power theft in the region. According to Umeme Bugishu regional manager Trevol Higenyi […]

PAC faults ministry on market construction failure

PAC faults ministry on market construction failure

The public Accounts committee of parliament has faulted the ministry of finance and local government for failure to work on Busega, Nyendo Masaka markets now six years since the 10 million dollar loan for this project was approved. Members of parliament on the committee were querying the ministry of finance officials over none performance of loans. […]

Dairy authority to extend ban on loose milk transportation

Dairy authority to extend ban on loose milk transportation

Dairy Development Authority is to extend the ban of transporting loose milk to upcountry areas as a measure of selling unprocessed milk which could be harmful to the consumer. In 2014  DDA banned the transportation of loose milk especially in Jerry cans they could easily be contaminated  by germs because of being unprocessed. The Acting Manager […]

Farmers ask for policy on vanilla growing

Farmers ask for policy on vanilla growing

Farmers under their umbrella body, Vanilla Exporter`s Association demand for a policy that will help to guide vanilla dealers in the country. While meeting with the Minister of Agriculture Animal industry and Fisheries, Vincent Bamulangaki Ssempijja they requested Government to consider reviving vanilla crop in Uganda, because the prices have skyrocketed in the recent past. They said a kilo of vanilla […]

Saudi Arabia leading in mistreatment of Ugandan workers – PLA

Saudi Arabia leading in mistreatment of Ugandan workers – PLA

Saudi Arabia tops  a list of countries which are mistreating  Ugandans working in Arab countries followed by Kuwait and the United Arab Emirates according to a research by Platform for Labour Action. The June 2016 report handed over to parliament’s committee on Gender indicates that majority of Ugandans in the Middle East are victims of international […]

MPs call for halt of Micro Finance Support Centre over funds mismanagement

MPs call for halt of Micro Finance Support Centre over funds mismanagement

Members of parliament on the parliamentary committee on public accounts  have recommended the halting of the operation of Micro Finance Support Centre over poor management of the funds allocated to this Centre to lend to the poor people through SACCOs. This after members of parliament on the Public Accounts Committee chaired by Soroti district woman MP […]

MPs condemn re-appointment of extortionist fisheries law enforcement officers

MPs condemn re-appointment of extortionist fisheries law enforcement officers

Members of parliament have condemned the re-appointment of the suspended fisheries law enforcement officers to inspect fishing landing sites in the country. This as the MPs who include the member of parliament for Kyoga county Anthony Okello and Kigulu north MP Bwino Kyakulaga  told parliament that though president Yoweri Museveni in November 2015 suspended fisheries law […]

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