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Cooperatives & Communities
Forests and trees can help world recover from multiple crises, new FAO report says
KAMPALA– With the world facing multiple crises including, COVID-19, conflicts, climate crisis and biodiversity loss, our forests can help us recover from their impact, but only if we step up action to…
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Cooperatives & Communities
NSSF total assets shoot up 15.3 percent in March 2022
KAMPALA– The National Social Security Fund [NSSF] issued a transparency statement showing that its total assets as at March 31, 2022 increased by 15.3 percent to about Shs 16.86 trillion from Shs…
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Cooperatives & Communities
Muslims in Uganda urged to form SACCOs
KAMPALA– Muslims in Uganda have been advised to form Saving and Credit Cooperatives [SACCOs] if they are to benefit from government’s poverty eradication programmes such as Emyooga and Parish Development Model [PDM].…
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Africa
Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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News
Centenary Bank gross profit surge 33.6 percent
KAMPALA- Centenary Bank earned gross profit of about Shs 288.5 billion in 2021, which was 33.6 percent growth when compared to about Shs 216 bln earned in 2020. The bank’s Managing Director…
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News
KCCA opens court to receive property rate cases
KAMPALA – Kampala Capital City Authority (KCCA) Council has approved a new Valuation Court. The court will be responsible for receiving complaints from the landlords aggrieved by the property tax valuations. Samuel…
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News
UVCCL coffee deal: Investors want to mortgage govt land at Namanve
KAMPALA– Even though President Yoweri Museveni and NRM caucus Members of Parliament [MPs] have agreed to review the controversial coffee export deal signed between the government and Vinci Coffee Company Limited [UVCCL], the…
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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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News
Food and energy price shocks from Ukraine war could last for years
KAMPALA– The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through…
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News
Cooperators attend TUI’s Youth Leadership and Entrepreneurship Camp 2022, urged to create wealth
KAMPALA– About 40 youth from several cooperatives on the Coop360° Network are attending a four-day annual Kyoto Youth Leadership and Entrepreneurship Camp 2022, organised by The Uhuru Institute for Social Development [TUI].…
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