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Tag Archives: Loan

Sanchez flop at United not his fault, says Guardiola

Manchester, United Kingdom | AFP |  Pep Guardiola believes Alexis Sanchez cannot be blamed for his spectacular failure with Manchester United and expects the Chile forward to make an impact on loan with Inter Milan. The Manchester City manager tried to sign Sanchez — who played under Guardiola at Barcelona — …

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Bayern Munich offer Coutinho fresh start on loan

Madrid, Spain | AFP | Barcelona’s Philippe Coutinho has joined Bayern Munich on a one-year loan worth 8.5 million euros ($9.5 million) with an option to buy, the Spanish club confirmed Monday. “The agreement provides for an option for Bayern to buy at a 120-million-euro fee,” Barcelona said. The 27-year-old Brazilian joined Barcelona from Liverpool …

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Barcelona and Bayern confirm Coutinho loan move

Madrid, Spain | AFP | Barcelona have an “agreement in principle” to send Philippe Coutinho on loan to Bayern Munich, both clubs confirmed Friday. Coutinho was left out of the squad for Barca’s La Liga opener against Athletic Bilbao on Friday, with club director Guillermo Amor confirming the Brazilian is close …

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Gov’t to start repaying Entebbe Expressway loan in July

Kampala, Uganda | THE INDEPENDENT | The government will start repaying the Kampala-Expressway loan in July.  The loan worth US 350 Million Dollars (approximately 1.2 Trillion shillings) was acquired from the Exim Bank of China. In May 2011, government through Ministry of Finance signed a loan agreement with the Exim Bank …

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Uganda secures Sh1.2 trillion for water and sanitation projects

Kampala, Uganda | THE INDEPENDENT | Uganda has secured a 270 million Euros ( Sh1.2 trillion) loan from the French government to finance two water and sanitation projects in Greater Kampala and parts of south-western Uganda. The financing channeled through the French Development Agency (AFD), is to support access to …

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MPs challenge Kasaija request for Sh736b domestic loan

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on the National Economy has rejected the approval of a Sh736b domestic loan by the government for statutory payments, including salaries and wages. Last month minister of state for finance in charge of planning, David Bahati tabled before parliament a notice …

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Palace sign United defender Fosu-Mensah on loan

London, United Kingdom | AFP | Crystal Palace signed Manchester United defender Timothy Fosu-Mensah on a season-long loan on Thursday. Fosu-Mensah will link up with new Eagles boss and fellow Dutchman Frank de Boer ahead of the new Premier League season. The 19-year-old has made 21 appearances for United and still …

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High loan processing fees hurting SME’s

Kampala,Uganda | THE INDEPENDENT | Small and Medium Enterprises in Uganda are restraining from accessing credit facilities due to high processing fees. This was revealed during a recent workshop organized by Enterprise Uganda in Kampala. “When you ask for a loan, they choose their own surveyors whom they pay by deducting …

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