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Cooperatives & Communities
With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
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News
Amuria district gets Shs1.2bln to upgrade health centre IIs
AMURIA– Trekking for long distances in search of better medical services will soon be history for the residents of Apeduru and Ogolai sub-counties in Amuria district as the government begins to upgrade…
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News
Amuru district approves Shs 28bln budget for financial 2022/23
AMURU– Amuru district council on Tuesday approved Shs 28 billion budget for the financial year 2022/23, an increase from Shs 24bln earmarked in the current financial year 2021/22. The district’s next financial…
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News
Kikuube district councilors pass Shs 39.5bln budget
KIKUUBE– Kikuube district council last week passed over Shs 39.5 billion budget for the financial year 2022/2023, with the hope that it is going to enhance service delivery in the district. The…
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News
FBI warns US farm co-ops of cyber threats in planting and harvest seasons
US – Cyber attacks on agricultural co-ops are higher in the planting and harvest seasons, the FBI has warned. The US crime agency says ransomware actors will choose these crucial seasons because…
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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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News
UNBS accreditation to offer ISO certification renewed
KAMPALA – The Uganda National Bureau of Standards (UNBS’) accreditation to provide International Organisation for Standardisation (ISO) Management Systems Certification has been renewed by the South African National Accreditation System (SANAS), according…
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Cooperatives & Communities
Ugandan scientists demand govt intervention in co-op industrial enterprises
KAMPALA-Many Ugandans still believe in the power of cooperatives; that they can create positive change in the plight of the country’s dominant, yet largely-unemployed youth population. A mini-impromptu online survey conducted among…
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East Africa
Stanbic bank profit up by 12%
KAMPALA – Uganda’s biggest bank by assets Stanbic saw its profit before tax rise up by 12% to Shs 359.6 billion in 2021 from Shs 320.7 billion previously. The lender said in…
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