Profit
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News
IYC2025: Building a better world through health
LONDON, April 29, 2025 –– World Health Day was celebrated on Monday, 7 April, a date that marks the anniversary of the founding of the World Health Organisation [WHO] in 1948. This…
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News
Welders’ Emyooga SACCO diversifies business to boost capital base
DOKOLO, 27 April 2025 – The Dokolo North Welders’ Emyooga SACCO, based in Agebo A Cell, Amuda Central Ward, Agwata Town Council, has invested its additional seed capital of Shs 20 million…
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News
Absa Bank Uganda earns Shs 546bln revenue in 2024
KAMPALA, April 15, 2025 –– Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22 percent to…
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News
UNOC records Shs 37bln profit in financial year ended June 30, 2023
KAMPALA, May 28, 2024 – The Uganda National Oil Company [ UNOC ] generated a profit of Shs 37.6 billion surpassing their projected revenue of Shs 6.989bln in the financial year 2022/2023.…
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News
UNRA gives contractor more months to complete Alwi–Nebbi road upgrade
NEBBI, May 2, 2024 – To compensate for the lost time which affected the completion of tarmacking 33-kilometre Alwi-Nebbi road, the Uganda National Roads Authority [ UNRA ] has given more three…
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Cooperatives & Communities
MPs want PDM beneficiaries to have more access to banks
KAMPALA, November 23, 2023 – Members of Parliament have called for improved access to banking institutions to enable beneficiaries of the Parish Development Model [PDM] programme to receive funds. The MPs, who…
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International
New Zealand: The Cooperative Bank shares US$ 2.5mln profit with customers
WELLINGTON – The Cooperative Bank recently forked out US$2.5 million in rebates to customers across New Zealand. The Wellington-headquartered bank is 100 percent-owned by its customers, who are shareholders, and is also…
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Eastern
Lack of reliable power supply cripples business for Serere cooperative
SERERE – Due to a lack of reliable power supply, Kamurojo Growers’ Cooperative Society Limited is still grappling with low business activity, a year after the cooperative installed a rice huller to…
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Africa
ITC Supports coffee producers in Liberia through cooperative training
MONROVIA – The International Trade Centre [ITC] in partnership with the Farmers Union Network of Liberia [FUNL], has initiated a week-long training programme focused on the significance of cooperatives for coffee producers.…
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International
CICOPA celebrates International Workers’ Day
BRUSSELS – On May 1, 2023, CICOPA, the International Organisation of Industrial and Service Cooperatives [CICOPA] is celebrating International Workers’ Day, also known as Labour Day. As an organisation that believes in…
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