Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank has developed a special financing program for women entrepreneurs, in response to concerns that most of the women cannot afford the terms and conditions generally set by the industry for capital. This is part of the bank’s measures aimed at rebuilding …
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UDB has signed a memorandum of understanding with the Uganda Women Entrepreneurs Association Ltd under which beneficiaries will get between 50 and 100 million shillings in loans Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank has offered to help 2 million women in business access financing at more affordable cost …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Women Entrepreneurs Association Limited-UWEAL has launched a fundraising drive of 25 billion shillings to construct an incubation facility to help boost women’s businesses in Uganda. Barbara Ofwono Buyondo, the chairperson UWEAL says that the facility will be constructed at Namanve Industrial Park on …
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Kampala, Uganda | Julius Businge | The rise of e-commerce in the past few years is benefiting budding entrepreneurs as consumers are finding it easy to do shopping by merely clicking the button of their internet enabled devices. One of the entrepreneurs interviewed for this story, Joachim Mumbere has turned his shop …
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Beneficiaries claim Emyooga funds are hard to obtain due to bureaucracy, corruption and alleged unavailability of the money Kampala, Uganda | THE INDEPENDENT | Small scale entrepreneurs have decried the corruption involved in the process of accessing government rescue packages especially Emyooga. Emyooga is a presidential initiative on wealth and job …
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Kampala, Uganda | Julius Businge | As coronavirus restrictions continue to bite the economy, e-commerce firm, Jumia, is creating job opportunities for the youth to make money and transform their lives on its platform. Since 2018, the company came up with Uganda’s JForce program. The program is Jumia’s pioneer sales consultants …
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Addis Ababa, Ethiopia | Xinhua | Educational attainment gaps have limited the success of women-owned businesses in Africa, according to a report newly published by the United Nations Economic Commission for Africa (UNECA). The “Women’s Entrepreneurship Report” studied data from tens of thousands of African entrepreneurs and firms to establish links …
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Kampala, Uganda | THE INDEPENDENT | Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey. The procedures involved when an investor wants to start up a business in Uganda, …
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Barcelona, Spain | AFP | With an ambitious 27-year-old boss and a growing army of computer engineers, Spanish start-up Glovo is chasing international growth by expanding beyond food deliveries, despite criticism of the working conditions of its drivers. Four years ago Oscar Pierre quit his first job at Airbus, Europe’s largest …
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The Independent Uganda: You get the Truth we Pay the Price
