George Mangula
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Development
Global coffee exports rise 10.7 percent
KAMPALA– Global exports of green coffee beans totalled 9.75 million bags in May 2022, up from 8.8 mln bags in the same month of 2021, the International Coffee Organisation [ICO] said in…
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Development
BOU ramps up CBR again
KAMPALA– Bank of Uganda [ BOU ]raised the indicative Central Bank Rate [CBR] to 8.5 percent for July from 7.5 percent before, as inflation rose – for the second time in a…
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Development
ACME announces change at the top
KAMPALA- The African Centre for Media Excellence [ ACME ] has recruited a new executive director to replace aDr Peter G. Mwesige who is stepping down after more than a decade of…
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Development
EC calls for unity after Omoro County by-election
OMORO– The Electoral Commission [EC] has urged all the candidates and their supporters in the recently concluded Omoro County by-election to reconcile, unite and work to develop their area. Speaking Thursday evening…
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News
KCB suffers 58.3 percent fall in gross profit
KAMPALA– Kenya Commercial Bank [KCB] Uganda saw its gross profit plummet by 58.3 percent in 2021 to about Shs 12.3 billion from about Shs 19 bln recouped in 2020, its financial statements…
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News
Post Bank posts 15.8 percent growth in gross profit
KAMPALA – As Post Bank continues to celebrate the milestone of getting a Tier One License from Bank of Uganda [BoU] to operate as a fully-fledged commercial bank, latest financial statistics show the…
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News
2022/2023 budget: MPs decline to approve UWRSA’s Shs 10.5b to revamp storage facilities
KAMPALA – MPs on parliament’s Committee on Tourism Trade and Industry, have declined to approve Shs 10.5 billion requested by Uganda Ware House Receipt System Authority [UWRSA] to refurbish storage facilities, saying…
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News
UNBS accreditation to offer ISO certification renewed
KAMPALA – The Uganda National Bureau of Standards (UNBS’) accreditation to provide International Organisation for Standardisation (ISO) Management Systems Certification has been renewed by the South African National Accreditation System (SANAS), according…
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Cooperatives & Communities
FAO, dairy agency partner to boost Uganda’s dairy sector
KAMPALA – The Food and Agriculture Organisation of the United Nations (FAO) and Dairy Development Authority (DDA) alongside other key stakeholders have concluded a round of regional and national policy dialogues aimed at…
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News
UCL sees rise in revenue, shareholders to be paid dividend
KAMPALA – Uganda Clays Limited (UCL), known for making quality baked clay building products, has reported an increase for the year ended December 31, 2021, as it collected Shs 36.7 billion, which…
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