Tuesday , March 19 2024
Home / Tag Archives: Capital

Tag Archives: Capital

Mobilising capital for Africa

Second Annual Meeting of Africa Sovereign Investors Forum Kampala, Uganda | AGENCIES | African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. …

Read More »

Banks on course to meet capital requirements

Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank hopes to strengthen the country’s financial sector by leveraging on the revised minimum capital requirements. The Bank of Uganda said in a statement on July 06 that it is confident that the attainment and maintenance of the revised minimum capital by financial …

Read More »

Tanzania has moved its capital from Dar

But how ready is Dodoma? Kampala, Uganda | THE INDEPENDEENT | Tanzania designated Dodoma as its new capital in place of the seaside city of Dar es Salaam following a public referendum 50 years ago. Since then, the country has made small steps towards this goal including the relocation of Parliament …

Read More »

Aavishkaar Capital and KfW unveils US$250 million ‘ESG First Fund’

Kampala, Uganda | THE INDEPENDENT | Indian based Venture Capitalists, Aavishkaar Capital (Aavishkaar) in partnership with KfW, a German state-owned investment and development bank, have unveiled US$ 250 million “ESG First Fund” focused on strengthening the Environmental, Social and Governance (ESG) practice of mid-cap businesses while offering them flexible capital …

Read More »

SMEs tipped to invest more in long term capital

  Long-term capital ensures long-life for the business Kampala, Uganda | THE INDEPENDENT | Financial experts have blamed the collapse of many companies over the last one year to the kind of capital that most of them use to run their activities. According to the Capital Markets Authority-CMA, the most common …

Read More »

Small scale processors in Bunyagabu struggle to stay in business

Bunyagabu, Uganda | THE INDEPENDENT  |  Small scale agro-processors in Bunyangabu District are struggling to operate. They cite lack of advanced machinery, lack of storage facilities, poor road network, high cost of production and insufficient capital, as the major challenges. Deo Musiga, the proprietor of Buka Foods Cottage Limited in Kibiito …

Read More »

South Korea agency boosts entrepreneurship in Uganda

Kampala, Uganda | Julius Businge | Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

Read More »