By Benard Mujuni The recent speech and address by H.E The President of the Republic of Uganda to the team of UN experts on COVID-19 vaccine access inequalities raises fundamental global issues that…
On 30th August (a Sunday), I begun to feel unwell with fever. I called into work on Monday to report sick, in order to be in conformity with the COVID-19…
As part of its Covid-19 response program, Uganda Development Bank (UDB) has just issued a call for applications for priority lending to selected sectors at not more than 12 percent interest. These include: food & beverages, textiles, clothing, leather & footwear (hides & skin), paper and publishing, packaging and wrapping materials, chemical & industrial products, timber, woodworks & furniture manufacturing, construction materials, pharmaceutical products, human & animal drugs manufacture and electricals. In this interview with CEO East Africa Magazine, Patricia Adong Ojangole, the Bank’s Managing Director shares more details on who qualifies and how to apply for the facility.
On or around 5th June 2020 the Minister of Finance Planning and Economic Development tabled in Parliament 4 bills for approval into Acts of Parliament. The above bills are to…
On the evening of March 18th 2020, President Yoweri Kaguta Museveni announced government would shut down schools, religious gatherings and entertainment places in order to decongest high risk population concentration…
1. What does Credit Relief mean? It is a re-organisation of a debt obligation through concessions or accommodations that provide borrowers with some form of relief in how and/or when…
By Sydney Asubo With people facing confinement or strict social distancing measures, in-person banking and access to other financial services being difficult, and unnecessarily exposes people to the risk of…
Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…
Government of Uganda on May 18th turned 32 foreign truck drivers who tested positive for Covid-19 back to their respective countries. This followed the testing of 1,743 samples of truck…
The Uganda government has moved to ease down on a number of travel and business-opening restrictions, but President Museveni insists all these moves are dependent on the availability of government…
