Post Bank
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News
Koreans train Masindi coop on quality maize and soybean production
MASINDI, June 21, 2024 – Korea International Cooperation Agency [KOICA] together with Q- Feed Company Limited are currently training members of One Accord Kiryana Farmers’ Cooperative Society Limited [OAKFCSL] in Kabutukuru village…
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Cooperatives & Communities
PDM: Post Bank given ultimatum to conclude opening accounts for all beneficiaries
KWANIA – Betty Amongi, the Minister of Gender, Labour and Social Development has given Post Bank Uganda two weeks to conclude the process of opening bank accounts for the beneficiaries of the…
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Finance & Banking
Centenary Bank posts 11.4 percent growth as rivals dispute Auditor General on undercapitalisation claims
KAMPALA – Centenary Bank had its gross profit rise by 11.4 percent to Shs 321.2 billion in the year ended December 31, 2022, from Shs 288.5bln posted in 2021, the bank’s managing…
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Cooperatives & Communities
Disbursement of Shs 1.3bln launched for PDM SACCOs in Kiryandongo
KIRYANDONGO– There was excitement in Kiryandongo district days ago as Jennifer Kacha Namuyangu, the State Minister for Bunyoro Affairs officially launched the disbursement of Shs 1.3 billion meant for Parish Development Model…
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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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Cooperatives & Communities
More than Shs1 billion Emyooga money unspent in Gulu City
GULU – Several groups that were approved to benefit from the government’s Emyooga funds are reluctant to withdraw money from their accounts on what they termed unfair conditions. The groups claim, to…
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Cooperatives & Communities
Masindi Municipality Councillors irked by delayed disbursement of Emyooga funds.
Councillors from Masindi municipality are disappointed by the delayed disbursement of over Shs 500m meant to fund more than 10 Emyooga SACCOs in Masindi Municipality. The Councillors, who expressed their discontent at…
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