Business briefs

Nov 05, 2006

<b>Youth warned</b><br>KAYUNGA - Sulaiman Madaada, the elderly and disabilities state minister has warned youth against selling off land to gamble in petty businesses.

Youth warned
KAYUNGA - Sulaiman Madaada, the elderly and disabilities state minister has warned youth against selling off land to gamble in petty businesses. Madaada, also the Bbaale county MP, was last week inspecting 20 savings credit and cooperative societies and 10 business groups in the Bbaale, Kyeriima, Wabwooko and Kitimbwa sub-counties. ity for the residents to market their agricultural produce.

Muliira urges
KAMPALA - Information and communications technology minister, Ham Muliira, has urged the public and the private sectors to embrace the use of ICT. “Execution of information and communications technology will facilitate further development of our country through enhanced collaborating, efficiency and accountability,” the minister said recently.

Credit society
MAKINDYE - The Born Again Pentecostals Savings and Credit Society will disburse sh250m to its members in 2006/7 financial years, Christopher Mugenyi, the general manager, said at their first annual general meeting last week. Mugenyi said they would lend to round-table groups to avoid fraudulent borrowers.

Telecom rates
KAMPALA - Uganda telecom has cut down prices of its TelesaverPlus sets to sh120,000 as a compliment to its free to talk offer introduced earlier in the year. The offer that started October 27, would be valid for particular models that carry voice calls. The sets will come with initial airtime, the company said in a statement recently.

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