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Jul 2022 10 results
19:48
19:48

Bankers Surprised By 'Unavailable' UGX200BN Small Business Rescue Fund MSMEs 4

John Walugembe, the Chief Executive, Federation of Small and Medium-Sized Enterprises, says that around many banks the managers do not tell their customers of the existence of these products, ‘until one comes with evidence’ that that bank is a partner in a program.
18:07
18:07

RCCs to Continue Boda-boda Registration Despite Lukwago’s Protests 1 2

Anderson Burora, the Resident City Commissioner for Rubaga Division, says that the campaign to regulate the Boda boda business in the City is to continue as scheduled despite attempts by the Lord Mayor to halt the process.
17:32
17:32

Roko, MPs Disagree on Alternative Financing Possibilities 1 6 Top story

While appearing before the Finance Committee, Koehler Mark, the managing director of Roko Construction Limited, and their consultant, Joseph Kibuuka, the MPs questioned whether the company had considered other alternatives to recover from its financial crisis.
17:32
17:32

Banks Target Selected Sectors Amidst Growing Economic Crisis 5

The Bank of Uganda has been using the Monetary Policy to control inflation by increasing the cost of money so that the demand for loans goes down. However, this also comes at a time when the high cost of living, primarily driven by the cost of fuel and other essential commodities on the international market, is driving down economic activities.
16:31
16:31

KACITA Wants CBR Reversed 1

KACITA Chairperson, Thaddeus Musoke Naggendam says that the high inflation rate has incapacitated business transactions, adding that it is wrong for the central bank to increase the CBR under such circumstances because it will do more harm than good.
15:28
15:28

Trucks Pile at Elegu Border Following Violence In South Sudan Elegu Border post 1 Top story

Richard Omony, a businessman in Elegu Town Council, says that buses had started crossing into South Sudan from Uganda but noted that many people weren’t yet sure of their safety.
15:18
15:18

NWSC Reconnects Supply to Lira Main Market 6 1

The water body disconnected supply to the market over the past three years due to accumulated bills close to Shillings 40million.
13:16
13:16

Kumi Traders Lose Customers Due to Stinking Garbage Kumi Municipality 1 3

Moses Opio, one of the businessmen dealing in music products says that garbage has affected his sales for more than one month as clients avoid the area because of the garbage. He says that he has been making at least 20,000 shillings every day from the sale of music and other entertainment material but the garbage has frozen the business.
12:52
12:52

Arua Residents Demand Sensitization on Physical Development Plan Arua City 5 1

Grace Namuli, a nurse at Ombidrodria Health Centre III in Ayivu Division says people are lacking information regarding the new draft physical development plan despite efforts by the city to display the plan.
07:25
07:25

Countries Asked to Place Regional Integration Above National Interest 6

Under the African Continental Free Trade Agreement countries are supposed to surrender their tariff lines to allow free movement of goods, with poorer countries like Uganda given at least 10 years to liberalise at least 90 percent of tariff lines.
Jul 2022 10 results