Ignatius Koomu Kiwanuka, the Nakaseke LC 5 Chairman, says the district prefers that the interest rate be raised to 8-10% to cater for the high operational costs.
Samuel Wandera, the Director International Relations at FIA, says in their own review, discussions and studies, they have established that launderers prefer to launder their proceeds in the motor vehicles industry.
Hajji Sulaiman Ssamula, the Managing Director Owen Construction Company Ltd is worried that the persistent rainfall could affect the building. Ssamula says he received an initial deposit of Shillings 300M for the project with promises of additional funding in vain
Geoffrey Barore Nombe, the Chairman of traders at Chanika border says that the fire started at around 1 a.m. razing up top 12 wooden kiosks and retail shops containing bags of cement, pool tables, jerry cans of crude waragi, salt crystals locally known as Mahonde, and other goods.
The ACF was started in 2009 as a platform where government and private financial institutions bring resources together and lend them to agriculture at a 12 per cent interest rate, far below the market rates of usually 20 per cent. The money is disbursed to farmers through participating financial institutions.
According to the Bundibugyo Senior Accounting Officer, Isaac Kapipa, the drastic fall in revenue is attributed to the endless creation of town councils in the area and the scrapping of Produce cess, the tax that is charged by local governments on agricultural produce.
David Wangwe, the Camp Commandant of Palorinya Refugees Camp in Adjumani under the Officer of the Prime Minister explained that the current land allocation to refugees is not enough to undertake food security initiatives.
Arua district received Shillings 11.1 billion as additional funding under USMID. On Thursday, councilors from Madi Okollo demanded that some of the money be allocated to the newly created district that comes into force on July 1, 2019 and is home to over 120,000 refugees especially in Rhino Camp.
The researchers found that while 70 per cent of P.6 students achieved the minimum competency level in reading, only 40 per cent of those tested reached the same competence in mathematics. They say evidence of poor learning outcomes is substantiated by the national Early Grade Reading Assessment results.
Edward Kasozi, one of the brokers stationed opposite the Catholic Martyrs’ Shrine says a number of property owners have contacted them to locate pilgrims looking for rooms. He says the available rooms are going for shillings 150,000 for five days.
