Tag Archives: Billion

The Mbale Court has convicted two senior Manafwa District officials, Principal Human REsource Officer  (PHRO) Betty Namono and Chief Finance Officer (CFO) Michael Bichacha, over a Shs1.6 billion fraud case involving Duckhill Microfinance Limited in Mbale. Court documents reveal that the two accused obtained the money through false pretences, using forged contracts, documents, and security instruments, including land titles, to …

Tokyo, Japan — Uganda has made a powerful statement at Asia’s biggest coffee gathering, the SCAJ World Specialty Coffee Conference & Exhibition in Japan, positioning itself as one of the world’s fastest-rising coffee exporters and a reliable source of both Arabica and Robusta beans. Ugandan Pavilion at the EXPO The appearance comes at a time of historic performance for Uganda’s …

By Kabuye RonaldPresident Yoweri Museveni has pledged UGX 10.2 billion to Boda Boda Savings and Credit Cooperative Organisations (SACCOs) across the Kampala Metropolitan Area, with a strict condition that all loans disbursed under the scheme must not exceed a 6% annual interest rate. Museveni Commits UGX 10.2 Billion to Boda Boda SACCOs, Cautions Against Moneylenders 4 During a meeting held …