bonds
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Cooperatives & Communities
Norinchukin Bank’s losses expected to grow to US$ 9.5bln
TOKYO, June 29, 2024 – Norinchukin Bank is expected to report US$ 9.5 billion [1.5 trillion yen] in net losses for the current fiscal year, about triple the projection given less than…
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News
Parliament: legislators’ pension scheme to reduce investments in Kenya
KAMPALA, February 24, 2024 – The Parliamentary Pension Scheme [PPS] is considering a reduction of the scheme’s equity investments in Kenya in favour of the stable home market. This was revealed yesterday…
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Finance & Banking
Standard Chartered Bank sets pace with launch of offshore mutual funds
KAMPALA-Standard Chartered Bank Uganda on Monday launched offshore mutual funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani,…
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East Africa
Teachers Saccos asked to join major association for operational efficiency
NAIROBI-Kenya Teachers Sacco Association [KETSA] national chairperson, Robert Njue has urged teachers’ Saccos in the country to join the association so that they are able to pool resources together. Njue, who is…
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Cooperatives & Communities
Housing co-ops meet in Zurich to explore ways to foster affordable housing
ZURICH-Representatives from housing co-operatives from around the world days ago met in Zurich, Switzerland to explore ways to foster affordable co-operative housing. The hybrid in-person and online event was hosted by WBG Zurich,…
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Finance & Banking
Housing Finance Bank Uganda eases trading as it unveils gov’t securities portal
KAMPALA-Housing Finance Bank Uganda has launched the government securities portal for customers who invest in treasury bonds and bills to help government raise funds for its development activities. In 2020, the Bank…
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Development
Tayebwa makes case for diaspora bonds
CALIFORNIA-Ugandans living in the diaspora could soon begin trading in government treasury bonds. This is after Deputy Speaker, Thomas Tayebwa pledged to lead efforts to establish diaspora bonds. Tayebwa made the pledge…
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