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Banking

Banks Accused Of Not Sensitizing Customers About Shs 200 Billion Small Business Rescue Fund

Bankers have apologised to small and medium enterprises (SMEs) over the management of the government COVID-19 relief package and other similar co-funded programs.   These include the Agriculture Credit Facility, which is aimed at helping farmers access cheaper credit and the Small Business Recovery Fund announced mid-last year as a rescue package

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News

A Sneak Peek Into Uganda Airlines’ Self-Handling Project That Will Save National Carrier Shs944.6m Monthly

Ouma shows some of the procured equipment as Uganda Airlines prepares to start self-handling project Uganda Airlines, the flagship carrier for the country, is ready to kick-start its self-handling project once it gets necessary approval from Uganda Civil Aviation Authority (UCAA), Business Focus reports. Derick Ouma, the Duty Manager at Uganda

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News

Roko Construction: Rejecting Our Shs202bn Bailout Will Crash Uganda’s Economy As Top Banks Will Plunge Into Losses

L-R: Officials from Roko including Joseph Kibuuka, Mark Koehler, Jacob Batte appearing before Finance Committee Roko Construction Company Limited has warned Parliament that if the request by the company to have government inject Shs202.13bn in the struggling construction giant would likely crash Uganda’s economy and affect operations of some commercial banks

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