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Bitature’s Behaviour Of Borrowing Money & ‘Dubiously’ Refusing To Repay Dents Uganda’s Image As A Top Investment Destination – South African Lender

Simba Group Chairman, Patrick Bitature Vantage Capital Fund Managers Proprietary Limited has said the behavior of Simba Group and its Chairman Patrick Bitature in borrowing money from international lenders and failing to meet repayment and contractual obligations does not reflect well on Uganda’s international image as an investment destination, “nor

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Q&A: PSFU Boss Asiimwe Emphasizes Need For Small Businesses To Formalize To Benefit From COVID-19 Stimulus Package

PSFU Executive Director, Stephen Asiimwe Private Sector Foundation Uganda (PSFU) acknowledges that businesses were hit hardest during the two- year  Covid-19 lockdown. However, with the recent  full reopening of the economy, PSFU Executive Director, Stephen Asiimwe (SA), says that there is hope with discussions  going on to have businesses supported. In an

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Fast-Growing Fintech Company Digital Adverts Celebrates 1st Year with Promise on Improving Financial Inclusion

Martin Musinguzi (CEO Digital Adverts Ltd) and Min. Joyce Nabossa pose  for a photo at the event Digital Adverts Ltd, one of the fastest growing fintech companies that aims at enhancing financial inclusion through making products and services available and affordable to all people, has celebrated its 1st Year Anniversary in business.  

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BankingEntrepreneurshipSuccess Story

Rising Woman Grew My Business’ Brand Equity, Says DFCU Bank’s Rising Woman Winner Manuela Mulondo

Manuella Mulondo Pacutho (c) who emerged 1st runner up in the inaugural Rising Woman Initiative. For the past five years, dfcu Bank in partnership with Daily Monitor and Uganda Investment Authority (UIA) have run a program dubbed ‘Rising Woman’ which is aimed at recognizing, celebrating, and promoting a culture of

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Q&A: EFC MD Reveals How ‘Simbula’ Loans Will Help Entrepreneurs Recover From Covid-19

Shem Kakembo, the Managing Director at EFC Uganda Limited EFC Uganda Limited (MDI) - Uganda’s fastest-growing microfinance institution has rolled out a campaign dubbed “SIMBULA LOANS NE EFC.’’ The campaign is focused on enhancing the institution’s commitment of contributing to Uganda’s development and economic stability through key drivers like financial

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