Wilbrod Owor, the Uganda Bankers Association Executive Director, told a meeting between banks and the regulator over the performance of the packages, that the banks cannot prove lack of demand for the loans The Bank of Uganda has admitted that the package meant to rescue small and micro enterprises from
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Hot loaf bakery exhibiting their products during the launch of PSFU's Women Day Katale Monday morning. The Private Sector Foundation Uganda (PSFU) Monday morning announced the second edition of ‘PSFU’s Women Katale’ with the aim of extending women’s stake in the business space. The Katale recognizes the contribution and potential
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Absa bank offices Absa Bank Uganda has been ordered to pay Shs5.2 billion for illegally selling a school after it failed to repay a loan it had acquired. According to the court records, in 2004, Progressive Secondary School and its proprietors applied for loans worth Shs1.2 billion from then Barclays
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Some of the graduands of Business Accelerator Program pose for a photo with DFCU Bank and ADC officials after the graduation on Friday afternoon The Agribusiness Development Centre (ADC) in partnership with dfcu bank and Rabo Foundation Friday 3rd , 2023 passed out the first cohort of the Business Accelerator Program (BAP). The Business Accelerator Program, which
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Yogesh Pattni is the Managing Director of Victoria Commercial Bank. FILE PHOTO | POOL As far back as he can remember, Dr Yogesh Pattni was always interested in banking. His family landed in Kenya from India in the 1930s and were jewellers by tradition – goldsmiths. They got down to
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Tumusiime during Friday’s graduation ceremony Patrick Tumusiime Kamulegeya ,55, a former taxi driver on Friday February 17, 2023 graduated with a Master’s Degree in Clinical Psychology during Makerere University’s 73rd graduation ceremony. After 23 three years out of school, Tumusiime decided to advance his education in 2012 with the aim of solving some of challenges
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Josephine Mukumbya, Executive Director, Agricultural Development Center addressing participants during the Launch of the program at dfcu Bank Offices at Nakasero. The Agribusiness Development Centre powered by dfcu Limited and Rabo foundation has partnered with GOPA Worldwide Consultants to implement two consecutive cohorts (two and three) of the Business Accelerator Program (BAP). This
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Founders of the seven startups Climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55,000 (UShs201.9m) in funding to advance their solutions for the blue economy in Africa. The total money to be shared by the seven startups is US$385,000 (UShs1.4bn). The
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Winnie Lawoko-Olwe, Director, Domestic Investment Division, Uganda Investment Authority in the company of Tony Glencross, Managing Director, Nation Media Group Uganda, William Sekabembe – Ag. Chief Executive Officer and Managing Director and partners during the flag-off ceremony to Nairobi, for the 2022 winners of dfcu’s Rising Woman Initiative. dfcu Bank
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Muhammed Mukalu training youth in Iganga District Iganga-based +256 Youth Platform has incorporated entrepreneurship in its programs as a way for the youth to earn a living following training under the MTN Youth Skilling Program. Established in 2013, the non-profit, non-political, and voluntary organization mobilizes, engages, and empowers youth in the
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