Profits
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Cooperatives & Communities
High fuel prices threaten Kasese fishing communities
KASESE – As fuel prices continue to soar, fishermen at Kahendero landing site in Kasese district, western Uganda are being hit hard as some have been forced out of the business. According…
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Cooperatives & Communities
Eastern Sudan farmers plan cooperatives as herders are arrested
KHARTOUM-Farmers in eastern Sudan are in the advanced stages to establish cooperative companies that will use collective economic and bargaining power to provide them with the necessary supplies and equipment for agriculture…
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Finance & Banking
Standard Chartered reports record US$ 581mln operating profits in Africa and Middle East
DUBAI-Standard Chartered PLC [the Group], with operations in Uganda, has released its financial results for the first half of the year ending 30 June 2022, earning good profits. In the Africa and…
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International
ILO okays conclusions on the social and solidarity economy, including cooperatives
GENEVA– The International Labour Organisation [ ILO ] Conclusions on Decent Work and the Social and Solidarity Economy [SSE], explicitly including cooperatives, were approved by the Plenary of the International Labour Conference…
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News
DFCU’s pre-tax profits fall by 67.8% in 2021
KAMPALA – Business for DFCU was mild last year as the institution’s gross profits curve fell by a hefty 67.8%, blamed on rolling lockdowns brought on by the global pandemic. In a…
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