Uganda Investment Authority (UIA), a government body in charge of promoting investments in the country is becoming tough on fake investors. Business Focus has established that since 2013, 136 ‘investors’ have lost land offers in Kampala and Namanve Industrial Parks after failing to develop it. In an exclusive interview, Hamza
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New Microfinance Revolutionizes Uganda’s Business Financing
The Tony Elumelu Foundation (TEF) recently selected Vendor Capital Finance Limited, a brainchild of Anne Hope Anguyo among Africa’s 1,000 growing enterprises to watch in the Financial Services category. After making to the list, Anguyo will receive seed capital worth US$10,000 (about Shs35m) in addition to training. Business Focus had
Read MoreSenior Presidential Advisor on the Media, Tamale Mirundi believes the much advocated for financial bailout cannot work in the country. Mirundi, a former Presidential Spokesperson revealed this last week in an exclusive interview with Business Focus saying, leaders made mistakes that plunged the country in the current economic mess. “The
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