equity
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News
Standard Chartered awarded “Best-performing Primary Dealer Market Maker”
KAMPALA, May 9, 2024 – Standard Chartered Bank Uganda [BoU] has been awarded the ‘Best-performing Primary Dealer Market Maker [PDMM] for the year ended September 2023, earning the honour for the second…
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News
Mbarara City plans to spend Shs 45.4bln for FY 2024/2025
MBARARA, April 2, 2024 – Mbarara City intends to spend Shs 44.4 billion during the financial year [FY] 2024/25, which is slightly higher than Shs 39.3bln earmarked in the current FY 2023/24.…
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Cooperatives & Communities
CHF Canada recognised again as a top employer
OTTAWA, March 22, 2024 – The Cooperative Housing Federation of Canada [CHF Canada] has been recognised for a fourth straight year as a top employer in the National Capital Region. “The leading employers…
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Cooperatives & Communities
Cooperatives Registrar Robert Barigye Arrested as War Loss Compensation Money begins to bite!
KAMPALA, September 6, 2023 – The Internal Security Organisation [ISO] and the State House Anti-Corruption Unit [SHACU] have begun hunting for officials in the Ministry of Trade Industry and Cooperatives [MTIC] who…
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Cooperatives & Communities
Consultation on Cooperative Identity: ICA roots for local participation
KAMPALA -The International Cooperative Alliance [ICA] is calling on its members, national apex bodies, local cooperative groups, sectoral federations, and other cooperative organisations and enterprises to host self-guided events during the current…
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East Africa
Co-operative Bank raises Ksh 12.6bn for lending
NAIROBI-The Co-operative Bank of Kenya has raised a total Ksh 12.6 billion [US$ 100 million] in long-term debt from global institutional investors led by the German fund DEG, according to the local…
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Cooperatives & Communities
Mwalimu National DT Sacco to sell assets of acquired bank
NAIROBI-According to Kenyan media outlets, Spire Bank, previously Equatorial Commercial Bank [ECB] has faced financial troubles since it was acquired by the Mwalimu National DT Sacco. And now in a bid to…
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Cooperatives & Communities
Return to ‘In Person’ a Rousing Success for 2022 World Credit Union Conference
GLASGOW —The 2022 World Credit Union Conference concluded Wednesday with a Scottish-themed closing party that put the finishing touches on a spectacular four-day event at the Scottish Events Campus. 1,600 credit union…
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News
Post Bank posts 15.8 percent growth in gross profit
KAMPALA – As Post Bank continues to celebrate the milestone of getting a Tier One License from Bank of Uganda [BoU] to operate as a fully-fledged commercial bank, latest financial statistics show the…
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