Home > 2024 > February (Page 13)

Stop Issuing Licenses To Online Money Lenders, Minister Kasolo Tells Regulator

Minister of State for Microfinance, Haruna Kasolo making remarks at the launch State Minister for Finance Haruna Kasolo has instructed the Uganda Microfinance Regulatory Authority (UMRA) to stop issuing operating licenses to online money lenders until the government establishes a mechanism to regulate them. The instruction was part of the minister's response

Read More

UDB, AGF Partner To Lend Shs16bn To SMEs, Women & Youth-Affiliated Businesses

Managing Director of Uganda Development Bank, Patricia Ojangole, Group Chief Executive Officer African Guarantee Fund, Mr. Jules Ngankam exchange agreement after signing during the ceremony at Kampala Sheraton Hotel. Uganda Development Bank (UDB), the country’s national Development Finance Institution, has signed a Loan Portfolio Guarantee agreement with the African Guarantee

Read More