Summary: Kenneth Egesa, the Director of Communications and Public Relations at the Bank of Uganda, stated that the central bank will collaborate closely with Standard Chartered Bank Uganda Limited to ensure the process adheres to all regulatory requirements. KAMPALA: The Bank of Uganda has received a proposal from Standard Chartered …
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Summary: The Economic Policy Research Centre (EPRC) estimates that Eastern Uganda, particularly Busoga, accounts for 35% of the country’s sugarcane milling capacity, yet questions persist about whether the sector is truly benefiting local farmers. KAMPALA: A report by the Leader of Opposition, Joel Ssenyonyi, has revealed that sugarcane prices have …
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Summary: Irene Nanangwe, the OC Traffic for Katakwi District, confirmed the incident and reassured the community that thorough investigations are underway. KATAKWI: At least one trader has been reported dead and several others injured after a vehicle traveling from Mbale to Ocorimongin market lost control and veered off the road …
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Summary: Christine Akello and Emmanuel Otoke, parish councilors for Okokoma Parish, along with Alfred Odongo Ocen, noted that the new lighting would reduce idleness among youth in the trading centers, encouraging them to engage in business activities like roasting meat and frying chips. KATAKWI: The extension of solar-powered lighting to …
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Summary: Stephen Amodoi, the branch manager of Stanbic Bank Soroti, said the donation was part of the bank’s “Love Month” promotion, held every October. KATAKWI: Stanbic Bank’s Soroti Branch has donated medical equipment worth 30 million shillings to Katakwi General Hospital. According to the bank’s management, the donation is part …
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Summary: Sheikh Kayole also noted that the SACCO’s primary goal is to uplift the profile of Rujumbura and create long-term benefits for the entire Rukungiri community. RUKUNGIRI: On Saturday, the Muslim community in Rukungiri District launched the Rujumbura Muslims SACCO at the Rukungiri Main Mosque. The initiative aims to foster …
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Summary: Eden Mission allocated a total of 78.75 million Ugandan shillings to support the three SACCOs. Butuga SACCO received 33.75 million shillings, Gasaro received 24 million shillings, and Kiraro was allocated 21 million shillings. KISORO: Residents of Busaro, Kiraro, and Butuga villages in Rwingwe Parish, Nyakabande Sub-county, have commended Eden …
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Summary: Atuyamba encouraged farmers to adopt agro-ecology, which includes practices like organic farming that improve yields while minimizing environmental degradation. RUKIGA: Authorities in Rukiga District, in partnership with Let’s Change My Village (LCM), a community-based organization, and Participatory Ecological Land Use Management (PELUM) Association, launched a daily LCM Agro-ecology farmers’ …
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Summary: Ainebyoona stated that the 4.931 billion shillings is part of the 7.5 billion shillings the district received under the Parish Development Model Program. RUKUNGIRI: Rukungiri District Local Government has disbursed a total of 4.931 billion Ugandan shillings, equivalent to 65.7 percent of the Parish Development Model (PDM) funds, to …
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Summary: Kenneth Rwego, the Executive Director of Eden Mission, handed over a symbolic cheque to the SACCOs, stating that the funds were provided at a highly favorable interest rate of 1 percent per month to boost the financial stability and growth of these institutions. KISORO: Eden Mission has extended generous …
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