Economy

Started in March 2003 to mobilize money for future development, Parliamentarians’ Savings and Credit Cooperative Society Limited (SACCO ) is counting losses amounting to over Shs100m after three MPs passed away without serving their loan. According to the sacco chairperson JaliaBintualso Masindi Woman Member of Parliament said this is weighing down their efforts as savers and crippling their efforts to ...

In an effort aimed at empowering rural people to demand service delivery from local government, Civil Society Advocacy Budget Group ( CSBAG ) has trained youth in Budaka and Kibuku Districts with best communication and social media advocacy skills. Under the training Youth Budget Advocates from the eastern Uganda have developed advocacy road-maps that will be used to influence budget ...

On July 6, U.S. President Donald Trump’s administration officially instituted 25 percent duties on $34 billion worth of Chinese goods. China, for its part, responded by implementing retaliatory tariffs on the U.S. shortly afterward. The following week, the U.S. released a list of Chinese goods with an annual trade value of about $200 billion that may be subjected to 10 ...

The fire that burned the Toyota Uganda show room along Jinja Road over the weekend caused the company a Shs900m loss. Check also: 40 Passengers Survive Burning Jaguar Bus According to the Toyota Uganda Managing Director Mohmood Omarc, three brand new cars burnt in the fire, along with four motor bikes as well as office equipment and other gadgets. The cars ...

Africa’s media landscape has undergone substantial changes since publishers gathered for the first Digital Media Africa conference in 2016. These changes will come under the spotlight in November this year when WAN-IFRA hosts the continent-wide gathering to explore new digital revenue models and how best to engage loyal readers. Check also: Ugandans Won’t Stop Gossiping Because Of Social Media Tax “Trustworthy, ...