As of June 2021, the bank says it approved credit of Ushs 706 Billion in various projects aligned to the overall recovery strategy, and expected the revived businesses to restore the number of jobs lost and increase revenues to government.
“The Board, Management and Staff of the Private Sector Foundation of Uganda PSFU, with deep sorrow, regret to announce the untimely death of their executive director, Mr Gideon Badagawa, who passed away this morning Monday, June 21st, 2021, in Mulago Hospital,” read a statement issued by Karuhanga.