George Mangula
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News
DFCU’s pre-tax profits fall by 67.8% in 2021
KAMPALA – Business for DFCU was mild last year as the institution’s gross profits curve fell by a hefty 67.8%, blamed on rolling lockdowns brought on by the global pandemic. In a…
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Cooperatives & Communities
Putting Principle Six in action makes co-ops thrive
US -The sixth cooperative principle (Cooperation amongst cooperatives) provides cooperatives a crucial advantage, enabling them to work together on joint projects, lower costs and exchange knowledge. This is the case at the…
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News
UMEME sees slight jump in gross profit as it seeks extension of concession beyond 2025
KAMPALA – Uganda’s electricity distributor, UMEME earned some profit in 2021 even as the country was placed under covid-19 lockdown as a way to curtail the fast spread of the deadly virus…
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News
Standard Chartered Bank renovates classroom block, plants over 300 trees at Salaama School For the Blind
MUKONO – Over 40 staff of Standard Chartered Bank days ago volunteered in a community initiative at Salaama School For the Blind in Kisoga – Mukono where they renovated a classroom block…
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News
UNBS launches standard to facilitate commercialisation of edible insects
KAMPALA -Ugandans who enjoy eating edible insects like grasshoppers (Nsenene) now stand a better chance of enjoying better quality as a standard of safe production, handling and consumption has been released by…
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East Africa
Stanbic bank profit up by 12%
KAMPALA – Uganda’s biggest bank by assets Stanbic saw its profit before tax rise up by 12% to Shs 359.6 billion in 2021 from Shs 320.7 billion previously. The lender said in…
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