Low absorption of loans has led to an increase in the cost of loans hence leading to low returns on public investments Kampala, Uganda | JULIUS BUSINGE | Increasing finance towards the social sectors will improve the livelihoods and incomes of most households as envisaged in the National Development Plan …
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2021 EAC congress of accountants exposes economic integration opportunities Kampala, Uganda | JULIUS BUSINGE | Uganda on April 14-16, hosted the third East African Congress of Accountants to deliberate about economic integration issues. The congress that attracted about 1,000 participants both online and physical, was held at a time Ugandan …
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Uganda Electricity Generation Company Limited through the contractor for the 600MW Karuma Hydropower Dam – Sinohydro Corporation Limited has boosted health service delivery in Masindi district after commissioning Masindi Barracks Health Centre IV. Kampala, Uganda | JULIUS BUSINGE | The health centre, whose construction started in September 2019, cost US$1.7million, …
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Samuel Ocanya is the head of financial inclusion at Letshego Uganda, a microfinance company that offers SME, mortgage and education loans among other lending products. He spoke to Julius Businge on how small and medium enterprises can overcome the COVID-19 crisis. Most businesses have reported a drop in revenue and …
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Local leadership share impact as they push for more support Kampala, Uganda | JULIUS BUSINGE | It is 02:00pm on Thursday April 08, 2021, a pupil at the government aided, Amaji Primary School, Oyamu district is resting on the floor where her bed is laid. The dormitory is congested, poorly …
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Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched an end-to-end digitalized trading platform dubbed “Quantum Trade” to enable its customers access import letters of credit and domestic guarantees quickly within few hours, it said on April 06. The online platform will facilitate trade and allow customers receive …
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Electricity consumers in Bundibugyo and Ntoroko districts want power distributor to meet their expectations Kampala, Uganda | JULIUS BUSINGE | Imlan Lutaaya, 24, the proprietor of Kuteesa Metal Works, a six months old welding startup, located in Nyahuka Town Council, Bundibugyo District has his eyes on the new power distributor …
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Kansai Plascon Uganda Limited has heavily invested in the state of the art paint making plant and waste water management facilities. The Independent’s Julius Businge spoke to the company’s Managing Director, Santosh Gumte about the development in the paint industry. On March 22, 2021 was World Water Day; in …
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This comes at a time the property market is slowly recovering from coronavirus pandemic hit Kampala, Uganda | JULIUS BUSINGE | Kampala has an additional condominium property that is open for those searching for high end homes with services that meet their living expectations – Bukoto Living Condo Project. …
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The Independent Uganda: You get the Truth we Pay the Price
