Business

Summary: The PDM Sacco leaders involved include Winfred Nyirahabwa, the treasurer of Bubuye PDM Sacco, who had received 300,000 UGX from beneficiaries, Mukamarimpa Paul, the secretary of Bubuye PDM Sacco, who had received 320,000 UGX, and Sunday Steven Igufa of Bubuye PDM Sacco, who had received 150,000 UGX. In total, …

Summary: Prof. Kwesiga questioned the rationale behind importing small items such as toothpicks from countries like China, Indonesia, and Korea when Uganda has abundant bamboo resources. KABALE: Prof. Charles Kwesiga, Executive Director of the Uganda Industrial Research Institute (UIRI) has expressed concern over Uganda’s continued importation of potato crisps despite …

Summary: Rev. Ivan Muhoozi, the Chairman of the Board of Directors of Rukiga SACCO and Head Teacher of Rwamucucu Seed Secondary School, stated that when both partners are aware of each other’s financial situation, they can collaborate toward common goals, such as saving for a home, planning for their children’s …

Summary: Prof. Gudula Naiga Basaza, the Founder and Managing Director of GLF, revealed to our reporter that over 12,000 youths from 16 parishes in Rubanda are currently engaged in selling raw materials but possess the potential to process these materials into animal feeds. RUBANDA: Gudie Leisure Farm (GLF), a social …

Summary: Kyomukama explained that crops such as coffee, beans, maize, matooke, and timber are frequently sold immediately after harvest at low prices. However, farmers could earn significantly more by processing these goods into value-added products. RUKUNGIRI: The Rukungiri District LC5 Chairman, Geoffrey Kyomukama, urged farmers to add value to their …

Summary: Twinomujuni attributed the reduction in milk production to the outbreak of Foot and Mouth Disease (FMD) in March. SHEEMA: The General Secretary of Sheema Dairy Farmers’ Cooperative Union, Godwin Twinomujuni, has expressed concern over the significant reduction in milk volumes due to the ongoing dry spell, advising farmers to …

Summary: Dr. Ngabo reported that several sub-counties, including Muramba parish, have already received their allocations, with Muramba parish receiving 49 million shillings. KISORO: A total of 56 out of 58 PDM Saccos in Kisoro district have so far received their PDM funds on WENDI accounts, each amounting to 100,500,000 shillings …

Summary: Dr. Protazio Begumisa, a board member of the CMA, highlighted that fraudsters often lure the public with attractive deals, leading people into fake investment schemes that result in significant losses. KABALE: Authorities from the Capital Markets Authority (CMA) have cautioned the business community in the Kigezi sub-region against fraudulent …

Summary: The incident occurred on Saturday morning, burning twenty-seven kiosks to ashes. RUBANDA: Fire has gutted kiosks at Muko Market in Muko Sub County, Rubanda West County causing damages worth millions of shillings. The incident occurred on Saturday morning, burning twenty-seven kiosks to ashes. According to Daudi Akampurira, the LC1 …

Summary: Kabale Municipal Mayor Emmanuel Sentaro Byamugisha told our reporter that after discussions with the Municipal Technical Leadership, it was resolved that vendors could pay rent at their discretion, based on what each vendor can afford per month. KABALE: Authorities in Kabale Municipality have revoked their decision requiring vendors in …