Liquidity
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Cooperatives & Communities
We owe coffee farmers Shs 6bln, says BCU
KAMPALA – Bugisu Cooperative Union [BCU] owes Arabica coffee farmers Shs 6 billion, according to the latest press release circulated by management to media houses. This follows yesterday’s reports in one of…
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Cooperatives & Communities
Mushanga SACCO board members re-elected at AGM
SHEEMA – The chairman of Mushanga SACCO, Gilvazio Bafaki alongside other former members of the board was last Saturday unanimously re-elected to serve for the second term of office, which takes four…
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Development
Credit risk remains high as local banks see 7.1 percent profit growth
KAMPALA-Risks for commercial bank lending in the country remain elevated due to slow credit growth, lingering concerns over asset quality, and high write-offs as banks clean up their loan book of COVID-19…
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News
Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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Cooperatives & Communities
AGM: Bushenyi SACCOs continue to perform well despite Covid-19 huddles
BUSHENYI – Whereas most financial institutions are grappling to recover from Covid-19 pandemic, Kyamuhunga Peoples’ SACCO (KYAPS) in Bushenyi district is in the limelight for recording tremendous success during the financial year…
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