Profits
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Cooperatives & Communities
Bugisu religious leaders urge coffee farmers to deal with BCU
SIRONKO– Religious Leaders from Bugisu Sub-region have urged coffee farmers from Sironko and Bulambuli districts to work with Bugisu Cooperative Union [BCU], saying the cooperation will lead to the development of the…
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International
Potential candidates named to replace Shell’s outgoing CEO
LONDON-Four candidates have been shortlisted to succeed its Shell’s outgoing CEO, Ben van Beurden, who will step down next year after being at the helm of the powerful energy company, according to…
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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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