In the Q&A below, UDB Managing Director Patricia Ojangole explains in detail what the Year-to-Date figures mean.QN: The economy is currently undergoing a slowdown partly due to the ripple effects…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, in partnership with the European Union, has announced a special call for eligible businesses in the tourism sector to…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Justice Richard Wejuli Wabwire, of the Commercial Court, has found that Uganda Development Bank (UDB), unlawfully sold the property of their client, Mubende Parents School; illegally appointed Kabiito Karamagi and…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Uganda Development Bank Ltd (UDB), the country’s national Development Finance institution, approved projects worth Shs926 Billion of which a total of Shs589 Billion has so been disbursed into the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
By Patricia OjangoleThe second wave of the COVID pandemic has led to record infections and an increasing number of deaths. In response the government has instituted new restrictions on movement…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Parliament has approved a motion authorizing the Uganda Development Bank (UDB) to take two loans amounting to $84.8m (UGX305.5b) that will be used to finance operations and extending more credit…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
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.
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
