At the Ordinary and Extraordinary Shareholders’ Meeting, Total shareholders May 28, 2021 approved, almost unanimously, the resolution to change the company’s name from Total to TotalEnergies, thereby anchoring its strategic transformation into a broad energy company in its identity. In tandem with this name change, TotalEnergies is adopting a new
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Housing Finance Bank staff getting vaccinated In partnership with KCCA, Housing Finance Bank organized a two-day vaccination exercise for its employees and their families at its headquarters in Kololo and has continued to rally upcountry staff to receive vaccination at government gazetted centers. This comes at the time when the
Read MoreA photo montage of top bank CEOs in Uganda Commercial banks in Uganda overcame the disruptions caused by COVID-19 to the banking sector and major sectors of the economy to post positive results in 2020. An exclusive analysis of financial statements for the year ended 31st December 2020 published by
Read MoreUCDA boss Dr. Emmanuel Iyamulemye (L) interacting with Rev. Fr. Simon Peter Kyambadde, Projects Coordinator Kiyinda-Mityana Diocese & Fr. Emmanuel Tamale. Under the National Coffee Roadmap, Uganda targets raising annual coffee production to 20 million bags by 2025. Promoting concessions for coffee production on large underutilised land is one of
Read MoreNorman Nduho Kapaapa, a dairy farmer in Kiruhura says farmers are counting losses due to low milk prices Farmers in the Western districts of Kiruhura, Mbarara, Ibanda, Bushenyi and other districts in the cattle corridor are starting to abandon dairy farming business due to low milk prices and limited market.
Read MoreMichael K. Mugabi, Managing Director, Housing Finance Bank Housing Finance Bank (HFB), an indigenous finance institution is famous for its mortgage product in the banking sector. Herewith, the Bank’s Managing Director, Micheal K. Mugabi shares some of its milestone achievements in the implementation of National Development Plan (NDP II) which spanned
Read MoreMontage of CEOs heading banks with highest NPLs Banking industry Non-Performing Loans (NPLs) increased significantly in 2020, an exclusive analysis by Business Focus reveals. In our previous articles about the performance of banking industry in 2020, we revealed the most profitable and loss making banks as well as the largest banks
Read MoreCoffee ready for export Uganda’s Coffee exports in April 2021 amounted to 537,538 60-kilo bags worth US$ 50.02 million (Shs176.76bn), Uganda Coffee Development Authority (UCDA) report reveals. The April UCDA Report says this comprised 464,544 bags of Robusta valued at US$39.08 million and 72,994 bags of Arabica valued at US$
Read MoreEskom Uganda Managing Director, Thozama Gangi (center) cuts a tape to represent the handover of 31 streetlights installed on Gabula Street to the Jinja city leadership. The UGX 233 million project is aimed at improving visibility and reducing crime. She’s joined by Jinja deputy mayor Midius Asiimwe and mayor elect,
Read MoreEXCLUSIVE: Uganda’s Largest Banks By Assets Named, Total Industry Assets Hit Shs38 Trillion
A photo montage of some bank CEOs in Uganda Ten (10) commercial banks operating in Uganda control a commanding 74.91% of the total industry market share for assets, an exclusive analysis by Business Focus has revealed. It’s worth noting that this website analyzes the performance of commercial banks every year based
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