The Buyaga West Member of Parliament Banabus Tinkasimire has unveiled plans to champion the establishment of a Cooperative Bank in Uganda. Tinkasimire was speaking during the Mid-Western consultative meeting on the establishment of a National cooperative bank and capacity building of cooperatives in Fort portal today. Tinkasimire emphasized the importance of a Cooperative Bank in […]
Financial illiteracy and poor planning have been seen as the major factors that are negatively affecting women in business in Uganda. These factors have either led to many women dropping out of businesses or incurring heavy debts for failure to follow the financial rules in their businesses. Fatumah Ahmed, the regional manager Equity bank says […]
In response to the recent signing of the Narcotics and Psychotropic Substance (Control) Bill 2023 into law by President Yoweri Kaguta Museveni, the Inter-Religious Council of Uganda Tooro Chapter has issued a call for citizens to explore alternative sources of income to avoid involvement in illicit drug trade. The move comes as the nation braces […]
In a groundbreaking development for the youth of Kabarole, 7,000 young individuals have found empowerment and a path to economic independence through the Parish Entrepreneurship Learning Association (PELA). This initiative, aimed at fostering entrepreneurial skills and providing practical knowledge, is being spear headed by Gudie Leisure Farm. Matte Joseph, the Gudie district agent says the […]
In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and partially exiting two others – breaking its ‘here for good’ brand promise after more than a century on the continent. A year earlier, another British-based bank but a fairly new entrant, Atlas Mara withdrew from seven markets, walking away from […]
Coffee growers in Kyenjojo district are struggling to earn from the business due to pests and diseases that attack the crop. The farmers say the most common type of disease is the coffee berry disease which attacks the plants until they dry up and the berries fall off before maturing. Patrick Baguma, a coffee grower […]
Restaurant owners in Kasese District, located in the picturesque Rwenzori Sub-region, are celebrating significant financial growth following their shift from costly loans obtained from financial institutions to the Emyooga seed capital provided by the government. This strategic move not only bolsters their businesses but also serves as a valuable training platform for students pursuing careers […]
Businesses came to a standstill on Wednesday as thousands of Rwenzururu subjects gathered in Kasese town to welcome Charles Wesley Mumbere, the cultural leader of Obusinga Bwa Rwenzururu-OBR. The area between Rukoki bridge and the roundabout was filled with people dancing as the helicopter carrying the royal family landed at Kasese airfield. Throughout the day, […]
More than 50 youth from the districts of Bunyangabu, Kasese,Kabarole and Fort portal have been trained on business enterprise selections in a training that took place at Atako Country Resort in Fort portal Tourism city. The one-day training organized by Kabarole Research and Resource Center aimed at building the capacity of the youth in Business […]
