IN BRIEF

Oct 16, 2006

<br>Compassion International and Opportunity International Network have entered a partnership to fund a $180,000 (sh33m) loan.

Compassion to fund loan
KAMPALA
Compassion International and Opportunity International Network have entered a partnership to fund a $180,000 (sh33m) loan.

Compassion’s country director, Ephraim Gensi, said the loan would be funded through the Uganda for Development Agency and is aimed at fighting poverty.

Qualicel to lose sh60m
KAMPALA
Qualicel Bus Terminal is to lose sh60m monthly if Kampala City Council (KCC) stops buses plying western routes from operating from the city.

“Over 80 buses from the west load from this bus terminal. If KCC effects its directive, it will be a loss to the company,” Francis Mawanda, the field officer, said.

Accountant charged
KAMPALA
Court has charged an accountant of Rene Industries for allegedly stealing a sh10m cheque from the Uganda Revenue Authority (URA).

Juliet Nantege attempted to withdraw the sh10m from URA’s Duty Draw Bank Account.

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