BusinessFocus Reporter

The leadership of the Police’s Savings and Credit Cooperative Organization (SACCO) is looking for over 100 retirees with unpaid loans worth 1.2 billion Shillings. The Chairman of the Police's Exodus SACCO Wilson Omoding says a majority of the non-performing loans were taken by police officers who are now retired. Most

At least 80,000 households in East Acholi are expected to plant cotton this season, following the attractive price set last season. In September 2021, the Cotton Development Organization (CDO) announced the indicative price of a kilogram of cotton at 2,000 Shillings to help regulate its farm gate price and eliminate

The Minister of State Finance and Planning, Amos Lugoloobi on Thursday afternoon presented the budget estimates for the 2022/2023 financial year totaling Shs47.2 trillion. The Public Finance Management Act requires the Minister of Finance to present annual budget estimates by 01 April of the preceding year. In his presentation during

Gulu Main Market authorities have banished Samuel Obedi,32, a Pastor from Hope Tabernacle Ministry in Gulu City for theft of Shillings 1 million. Trouble for pastor Obedi started after he was netted on Thursday morning for picking Shillings one million three hundred and twenty thousand from the drawer of his

Omoro District Local government has started refurbishing murrum roads totaling 42.8 kilometers to ease access to the home of former Speaker of Parliament Jacob Oulanyah. The road works commenced early this week and will target a total of five major routes that were in a bad state. The roads under

More than two years after the world came to a standstill due to the COVID-19 pandemic, the World Health Organisation has launched a plan that seeks to end the global emergency this year. According to the plan shared by the UN health agency, the pandemic could be history at the

The Bank of Uganda insists it is not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended. Following the outbreak of COVID-19 in 2020, the banking industry was given guidelines to survive the pandemic, and these included suspension of

The Commercial Division High Court Registrar, Flavia Nabakooza has summoned the former Prime Minister Patrick Amama Mbabazi to file his defence in relation to allegations of failure to pay rent. “You are hereby required to file a defence in the said suit within fifteen(15) days from the date of service

Stanbic Bank has donated Shs 70million to the LéO Africa Institute towards supporting its Young Emerging Leaders Project, which  osters leadership skills by emphasizing empathy, clarity, knowledge volunteerism, and in their various professional backgrounds. Cathy Adengo, the Stanbic Bank Head of Sustainability, said during the event that: "We live in