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Tag Archives: loans

SEKABEMBE: dfcu ready to support roads sector

Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …

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Catholic Church gets investment boost from US Govt

A US Govt $20 million loan will help Catholic Church support development activities in sub-Saharan Africa 📌 Missio Invest Current Footprint ▪ Kenya, Uganda, Malawi, Zambia, Nigeria, Tanzania 📌Near-term Expansion ▪ Ghana, Rwanda, Ethiopia, Cote D’Ivoire, The Gambia, New York, US | THE INDEPENDENT | Missio Invest, an impact investor that provides …

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Private schools in Bunyangabu district chocking on debts

Bunyangabu, Uganda | THE INDEPENDENT | Private and government-aided schools in Bunyangabu district are chocking on loans and salary arrears. Private schools entirely depend on school enrollment to raise resources for their operations. Similarly, government-aided depend on both the learner’s numbers and some grants from the government. However, the closure of …

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Elections could affect recovery of lending businesses

Kampala, Uganda | THE INDEPENDENT | Lenders are hoping that the general elections will be peaceful so that their businesses return to normal. Like many other sections of the economy, the financial sector was still trying to recover from the effects of the Covid-19 pandemic when the climax of the election …

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Key gov’t projects slowed by greed, lengthy procurement processes

Kampala, Uganda | THE INDEPENDENT | State agencies overseeing infrastructure development have put the blame on the errant government officials and the procurement regime for the delays in implementing public infrastructure projects. This comes after Finance Minister Matia Kasaija challenged Prime Minister Dr Ruhakana Rugunda to find ways of ensuring …

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