Tag Archives: banker

OPINION | MUMBA KALIFUNGWA |‎ As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of profound contradiction in the global energy narrative. ‎On one hand, the world is accelerating toward a low-carbon future, with growing consensus around the need to scale renewable energy. ‎ On the other, …

By Joan Akello UDBL’s Sejjaaka under siege as Kampala’s lone development bank faces financial squeeze The Uganda Development Bank Ltd has been ailing for decades. But even by its own poor record, something that happened after 2009 marked a new low. The bank’s profit for the year dropped from Shs11 …