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Tag Archives: liquidity

MPs question police bosses over management of Exodus Sacco

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Internal Affairs, Gen. David Muhoozi has said that members of the Police’s Exodus Savings and Credit Cooperative (SACCO) are restricted from withdrawing their savings due to liquidity challenges. Muhoozi was on Tuesday appearing before Parliament’s Defense and Internal Affairs Committee, …

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Roko, MPs disagree on alternative financing possibilities

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament and Roko Construction Limited have disagreed on the alternative financing possibilities for the company. The committee is considering a proposal from the government to purchase 150,000 shares worth Shillings 202.13 billion in Roko Construction Limited payable over five years. The …

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Gov’t moves to buy UGX 200Bn shares in Roko

Kampala, Uganda | THE INDEPENDENT | The government has tabled before parliament a proposal to purchase 150,000 preference shares in Roko Construction Limited. State Minister for Finance Henry Musasizi, told parliament that the shares will be worth 202.13 billion Shillings which will be paid over a period of five years. The …

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