A photo montage of some bank CEOs Customer deposits for all the 26 commercial banks operating in Uganda grew to Shs28.17 trillion in 2021, up from Shs26.8trillion recorded in 2020, Business Focus exclusively reports. Every year, this website carries out an in-depth analysis into the performance of banks based on
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Agriculture Minister, Frank Tumwebaze (R) with Peter Munya, Kenya’s Cabinet Secretary, Ministry of Agriculture, Livestock, Fisheries and Cooperatives with Declaration of the G25 African Coffee Summit Frank Tumwebaze, the Minister of Agriculture Minister, Animal Industry and Fisheries, has said Uganda’s successful coffee experience can be adopted by the African continent
Read MoreIACO State Members Officially Sign The Nairobi Declaration To Have Coffee Anchored As A Strategic Commodity Under AU
Representatives of the 25 African coffee producing countries in a group photo at the Nairobi Summit 25 coffee producing African countries under the Inter- African Coffee Organisation (IACO) have officially signed the Nairobi Declaration to have coffee anchored as a strategic commodity under the African Union in harmony with AU
Read MoreOfficials from CMA and ODPP in a group photo. The MOU aims to improve the efficiency of prosecution of capital markets related crimes as economic crimes in general hit 10,966 in 2021 The Capital Markets Authority (CMA) and the Office of the Director of Public Prosecutions (ODPP) have today signed
Read MoreUganda Hopeful Of Discovering More Oil From Ongoing Explorations As CNOOC Intensifies Works On Kingfisher
Zakalia Lubega (C), the Head of Corporate Affairs at CNOOC Uganda speaking to journalists. On his Left is Gloria Sebikari, the Manager, Corporate Affairs & Public Relations at Petroleum Authority of Uganda Uganda is set to discover more oil from the Albertine Graben in the ongoing explorations. The East
Read MoreShs16 Trillion Tilenga Oil Project Takes Shape, To Employ 7,000 People As Uganda Nears First Oil
Officials from Petroleum Authority of Uganda and joint venture partners show key areas of the Tilenga project The Tilenga Oil Project managed by TotalEnergies EP Uganda is taking shape as Uganda draws nearer to the first oil expected by 2025. Tilenga, the name of the project, was coined
Read MoreUganda earns billions of Shillings from coffee exports Uganda coffee exports Coffee exports in April 2022 amounted to 407,762 60-kilo bags worth US$ 70.85 million (256.75bn), Uganda Coffee Development Authority (UCDA) has revealed in its April 2022 report. According to the report, this comprised 277,244 bags of Robusta valued at US $37.24
Read MoreTop Lenders Named As Banks Extend Loans Worth Shs17 Trillion To Customers
A photo montage of some bank CEOs Commercial banks extended loans worth Shs17.17 trillion in 2021, up from Shs16.19 trillion in 2020, Business Focus exclusively reports. It’s worth noting that commercial banks are required by law to publish their financial statements/results for the previous year (which ends every 31st December) in
Read MoreMagoola Resigns As BAT Uganda Managing Director, Mathu Kiunjuri Returns As His Successor
BAT Uganda new Managing Director, Mathu Kiunjuri Kirunda Magoola has resigned from his position as Managing Director and executive Board member of British American Tobacco Uganda Limited (BAT Uganda), effective 11 May 2022. Magoola was appointed to the Board as Managing Director on 1 August 2020. Prior to this appointment,
Read MoreInside Uganda Airlines’ Aircraft Maintenance Operations That Ensure Safety Of Passengers
Uganda Airlines Engineers inside one of the stores The aviation industry is one of the most regulated industries across the world. It is also an industry understood by a few people. This perhaps explains why many Ugandans including MPs questioned Uganda Airlines’ move to buy a new spare
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