George Mangula
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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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Development
USAID to fund agriculture co-operatives in Uganda
KAMPALA– Some of the agriculture co-operatives in Uganda will be able to access cheap loans enabled by United States Agency for International Development [USAID] / Uganda Strategic Investment Activity (SIA), with co-operators…
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News
BoU keeps CBR at 6.5 percent in April
KAMPALA – The Bank of Uganda [BoU] has maintained the Central Bank Rate [CBR] at 6.5 percent for the month of April 2022, as the economy continues to recover from the Covid-19…
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Finance & Banking
Absa Bank Uganda profit after tax up by 169%
KAMPALA – Absa Bank Uganda had favourable business outcomes in the year 2021, despite covid-19 pandemic that hit the country. The bank on Tuesday announced a sharp profit after tax increment of…
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Magazine
Standard Chartered launches Bank More Score More Season II
KAMPALA – Standard Chartered Bank launched ‘Bank More Score More’ season II campaign that runs from April 1 to June 30, 2022. This was days ago unveiled during a match viewing party…
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Central
Public service vehicle operators to form SACCOs after training
KAMPALA – Operators of public service vehicles (PSV) in Uganda will soon begin to establish Savings and Credit Cooperative Societies (SACCOs), having undergone a two-day capacity building training on the formation of…
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Cooperatives & Communities
Oulanyah supported co-operatives – DP’s Norbert Mao
OMORO – The President General of the Democratic Party [DP], Norbert Mao, has said the late Speaker of Parliament of Uganda, Jacob Oulanyah, supported co-operatives as well as other enterprises in the…
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Cooperatives & Communities
India cautions people not to deposit funds with three Sahara co-operatives
NEW DELHI – India’s Ministry of Cooperation has asked depositors to be aware of a Delhi High Court judgment, whereby the court has asked three co-operatives (co-ops) under the Sahara group not…
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News
UNBS, UCU sign MoU to promote quality standards in institutions of higher learning
KAMPALA – The Uganda National Bureau of Standards (UNBS) has signed a Memorandum of Understanding (MoU) with Uganda Christian University (UCU) to promote standardisation and quality assurance in institutions of higher learning.…
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