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Tag Archives: Loan

Govt seeks grant in railway rehabilitation loan deal

Kampala, Uganda | THE INDEPENDENT | The government is seeking to get a new loan worth about US$300 million (UA 223.83) for the rehabilitation of the Malaba-Kampala meter gauge railway. This is according to the statements presented by the Ministry of Finance, Planning, and Economic Development, the Ministry of Works and …

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Student loan applications halted

Kampala, Uganda | THE INDEPENDENT | The Higher Education Students’ Financing Board (HESFB) revealed that it will not receive applications for study loans for the academic year 2023/24. This was announced in a notice issued on Thursday by the HESFB executive director, Michael Wanyama. Wanyama attributed the decision to budget shortfalls, …

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‘Policeman who shot Indian is not mentally ill’

Muromba whose gun was used by Wabwire has been dismissed from the Police Kampala, Uganda | THE INDEPENDENT | Police Constable Ivan Wabwire acted with his full conscious when shooting an Indian money lender, Uttam Bhandari, last Friday afternoon according to police surgeons. Bhandari was the Director of TFS Financial …

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Inconsistences cited in student loan applications

Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Higher Education Student Financing Board (HESFB), Michael Wanyama reported inconsistencies in applicants for government student loans across the country. Wanyama along with his team was meeting the Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises on Wednesday, 03 …

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