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Tag Archives: Julius Businge

UDB profit after tax up 118%

More funding, capitalisation of the bank coupled with increase in loan disbursements supported the growth in 2020 Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank Limited has realised a profit after tax for the year 2020 of Shs22bn, representing a 118% growth from Shs10.4bn reported in 2019 amidst the …

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PostBank net profit up 16.7%

Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …

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Uganda Breweries, NARO partner to promote agric research

Kampala, Uganda | Julius Businge | Uganda Breweries Limited and National Agricultural Research Organisation have launched a partnership by signing a Memorandum of Understanding on cooperation commitment that seeks to establish, foster and promote research and development in the agriculture sector. The MoU signing would promote linkages and partnership for purposes of …

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