Tag Archives: profits

Analysts urge government on business environment as written off non-performing loans erode bank profits In 2015, Standard Chartered Bank, Uganda’s second-largest bank by assets, saw its profits decline by 75% compared to the previous year. The year was even worse for Crane Bank, the second biggest indigenous bank and the …

By Joseph Were Reeling from a 5% drop in year-on-year net profit amid increasing costs and stiffer competition, East African Breweries Ltd who are the makers of the Bell beer brand among others in Uganda, is mooting a price hike. ‘The possibility to put up prices exists too in Uganda …