Tuesday , June 28 2022
Home / Tag Archives: loans (page 10)

Tag Archives: loans

IMF offers oil-dependent Angola $4.5 bn loan

Luanda, Angola | AFP | The International Monetary Fund said Tuesday it had offered Angola $4.5 billion in loans as the country, which was wracked by civil war until 2002, has been badly impacted by falling oil prices. “Angola can receive a maximum $4.5 billion (4.0 billion euros)… the loan …

Read More »

Mozambique explains $1.4 bn hidden debt

Maputo, Mozambique | AFP | Mozambique on Tuesday said most of $1.4 billion in previously hidden loans had been used to fund maritime security and shipyards, a week after the IMF suspended the country over the undisclosed sum. The Washington-based International Monetary Fund last Wednesday called off a staff mission …

Read More »

Chasing student loans

By Julius Businge & Nicole Namubiru This year’s university hopefuls are torn between hope and despair Fortunate Natukunda should be celebrating her luck. She has just passed her pre-university entry exams; a rare feat in her rural village in Isingiro district in western Uganda. Her achievement is even more momentous …

Read More »

Car loans come close

By Patrick Kagenda Al- Malik Motors in promo with Stanbic bank Al’ Malik Group working with Stanbic bank have launched a promotion dubbed Al-Malik Mega Christmas Bonanza. Hentie Stemmet, head of Vehicle and Asset Finance at Stanbic bank told The Independent that the bank is keen on the relationship it …

Read More »