Finance & Banking
-
Standard Chartered reports record US$ 581mln operating profits in Africa and Middle East
DUBAI-Standard Chartered PLC [the Group], with operations in Uganda, has released its financial results for the first half of the year ending 30 June 2022, earning good profits. In the Africa and…
Read More » -
Bankers urged to invest in Uganda’s tourism industry
KAMPALA– Local commercial banks in Uganda have been called upon to support firms in the tourism industry since it is the country’s major foreign exchange earner and job provider. The call was…
Read More » -
Standard Chartered hosts business executives as it unveils new corporate platform
KAMPALA– Standard Chartered Bank Uganda days ago held a thought leadership event to discuss business immersion in Sustainable Trade Finance for over 100 corporate and SME business leaders at Sheraton Kampala Hotel.…
Read More » -
Standard Chartered Bank Uganda gets new boss
KAMPALA– Standard Chartered Bank Uganda has received a new Chief Executive Officer, the bank announced on Wednesday. “We are pleased to announce the appointment of Mr. Sanjay Rughani as the Chief Executive…
Read More » -
Crédit Agricole to stop financing gas and oil sector
PARIS– French co-operative bank, Crédit Agricole, has announced commitments to move away from oil and gas financing. ‘2025 Ambitions’ sets out a number of short, medium and long-term goals for France’s second…
Read More » -
Robust reforms have revitalized co-operative sector in Kenya- President Kenyatta
NAIROBI-Kenyan President Uhuru Kenyatta has attributed the rapid growth of the cooperative sector in his country to the policy reforms the government has implemented since 2013. The President noted that the reforms…
Read More » -
Cooperative official urges govt of Nigeria on collaboration
ABUJA– As the world marks 2022 International Cooperative Day today [Saturday], the President of Cooperative Federation of Nigeria [CFN] and International Cooperative Alliance-Africa, Chief Oriyomi Ayeola has called on Federal and state…
Read More » -
With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
Read More » -
Over 300 Emyooga SACCOs in Masaka to get extra Shs 20mln each
MASAKA- At least 300 best-performing Emyooga Saccos in the Greater Masaka region have been selected to benefit from the additional seed capital of Shs 20 million each from the government. This was…
Read More » -
Co-operators challenged on mind-set change, saving culture
MBARARA– As Uganda joins the rest of the countries to celebrate the International Day of Cooperative, State Minister for Cooperatives- Fredrick Ngobi Gume has encouraged co-operators in the country to save if…
Read More »