Nelson Bbosa, an expert in Non-Banking financial institutions at BoU, says that the BoU wants all money changers to come under regulations and if they are small to meet requirements, they should form associations.
Obed Masereka, a butcher told URN that it's tough whenever it rains because the temporary market lacks shelter. He also says that the temporary market is far away from the town council center and only attracts a few buyers.
Kicumbi Laston, a trucker from Zambia told URN that they loaded goods from South Africa destined for Congo through Mpondwe but they were told by clearing agents upon arrival at the border that they could not proceed with their journey because of insecurity in Eastern DRC.
The cooperative chairperson, Augustine Kule whose family is also among the 30 agents' families camped at Booma grounds said they have sold some of their personal and company belongings to clear farmer’s debts but the debt still remains huge.
Joseph Kawuchi, the agribusiness manager at Uganda Breweries Limited, says they are going to use apple as an additional raw material in their production line opening up a big market for the local farmers.
Anita Nyakato who is dealing in second hand clothes says she received 1.5 million shillings to boost her initial capital. In one year, she says she has bought a plot of land, opened-up two mini- boutiques and constructed a residential house with hope of establishing a bigger boutique and transiting into wholesale.
A joint press statement released on Tuesday by the Minister of Energy and Mineral Development, Ruth Nankabirwa Ssentamu and the Minister of State for Privatization and Investment, Evelyn Anite indicates that the government has deployed the UPDF engineering brigade to carry out the restoration of destroyed structures and restore the mines to an attractive state.
In September, Alinda was arrested on allegations of extorting money from coffee nursery bed operators before inspecting their beds. The nursery bed operators also accuse Alinda of using his office to allocate coffee supply contracts to persons who do not have nursery beds, failing to renew their certificates, and selectively awarding supply contracts and certificates.
The State Minister for Gender Labor and Social Development Peace Mutuuzo says under the parish development model implementation, the government is strengthening the parish level to act as a theater of development and this means giving more responsibilities to parish chiefs.
According to a circular from the Authority, UNRA will introduce a ferry to operate as an alternative means of transport so as to support light vehicles, which would include; pickups, saloon cars, and minivans with up to six passengers and not exceeding 80 per crossing.
Samuel Masereka an eye witness said the tanker whose registration number is yet to be established was heading to DR Congo but its brakes failed shortly after the URA offices in Mpondwe and it rammed into the screening unit.
Ms. Hellen Masika, the deputy executive director of Microfinance support Center-MSC, says that the cultural Institution was given special consideration given the multiple challenges including conflicts and disasters that have affected its economy.