Kampala — Bank of Baroda Uganda (BOBU) has forecast a good 2007 amid prevailing challenges brought on by an energy crunch that is hitting profits across all sectors of the economy.
Mr. KK Shukla, the bank's managing director told the press in Kampala last week that the company's net profit after tax grew by 12.2% during the year 2006 at Ush8.02b on the back of impressive growth of 38.9% in interest income and advances.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article