Coffee beans being dried at the farm.Sandra Nakayenze set out to change the lives of female coffee farmers in the hills of Sironko District. dfcu Bank in partnership with Monitor Publication Limited’s Daily Monitor and Uganda Investment Authority (UIA) have been running a program dubbed ‘Rising Woman’ aimed at recognizing,
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The Tilenga oil project is taking shape The United States Agency for International Development (USAID) has raised concern over corruption in the country saying that if the vice isn't fought, the long anticipated oil money may not benefit the country. Richard Nelson, the USAID Country Director told a meeting organized by
Read MoreDangote, the pre-eminent African brand founded in 1981 by Nigerian Aliko Dangote (pictured), emerged as the #1 brand that symbolises African pride Brand Africa unveiled the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 most admired brands in Africa at a live event hosted by
Read MoreParliament has rejected a proposal by Ministry of Energy and Mineral Development to spend Shs45.7bn in the buyout of South African based company, ESKOM. This was during the consideration of the 2022/2023 national budget. While tabling the report by the Budget Committee on the Appropriation Bill 2022, Patrick Isiagi the Chairperson Parliament’s
Read MorePan-African payments company awarded for its role in driving financial inclusion at the Annual Excellence in Fintech awards in Washington DC Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech Summit in Washington, D.C., alongside the Spring Meetings
Read MoreJulius Kakeeto (2nd Right), MD PostBank handing over the contribution to Rt.Rev Sheldon (2nd Left) and Hon. Robert Rukari PostBank, a financial institution that is committed to empowering lives and livelihoods, has, today, contributed UGX. 15 million to facilitate the Anglican Church’s preparations for this year’s Martyrs Day celebrations. The contribution comes days after PostBank sponsored and
Read MoreMPs Disagree With Ministry Of Finance Over ‘Economic Growth Figures’, Say Situation On Ground Tells The Opposite
Henry Musasizi, the State Minister for finance in charge of General Duties Members of Parliament sitting on the National Economy committee have expressed displeasure against government’s continued reports that Uganda’s economic growth has improved . The committee members are angry that the Ministry of Finance continue to feed the country
Read MoreGov’t Sets Dates For Vanilla Harvest As Theft Of The Lucrative Crop Becomes Rampant
Ugandans are increasingly earning big from Vanilla farming The government through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) set July 7th as the harvest date for vanilla in the country. This follows the rampant cases of vanilla theft, which compromises the quality of vanilla beans supplied to the market.
Read MoreService Cops Signs Partnership With Ethiopia’s Awash Bank, To Extend Its Iconic School Suite System & Other Digital Banking Solutions
Service Cops’ Executive Chairman, Joseph Kiiza Ndiho (left) shakes hands with Mr. Tsehay Shiferaw (centre), the Awash Bank Chief Executive Officer. Looking on is Mr, Mathias Kamugasho, the Service Cops Managing Director (2nd Left), Mr. Yohannes Merga (2nd right), the bank’s Chief Information Officer and the Chief Technology Officer; Mr
Read MoreBanks, Developers Await NSSF Amendment To Give Mortgages Against Savings As Housing Demand Falls
Commercial banks are waiting for a go-ahead from retirement benefits schemes to start offering housing mortgage facilities secured against their savings. This as consultations between the benefits schemes and the government start with the aim of creating legal frameworks that enable them to operationalize the new development. In
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