Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament a loan request worth 2.26 trillion Shillings (US Dollars 608.66 million) to upgrade roads in Greater Kampala. David Bahati, the Minister of State for Trade tabled the loan request during the Wednesday plenary sitting. The loan is being sought …
Read More »
Muromba whose gun was used by Wabwire has been dismissed from the Police Kampala, Uganda | THE INDEPENDENT | Police Constable Ivan Wabwire acted with his full conscious when shooting an Indian money lender, Uttam Bhandari, last Friday afternoon according to police surgeons. Bhandari was the Director of TFS Financial …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Higher Education Student Financing Board (HESFB), Michael Wanyama reported inconsistencies in applicants for government student loans across the country. Wanyama along with his team was meeting the Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises on Wednesday, 03 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The National Economy and the Physical Infrastructure Committees of Parliament have been tasked to scrutinize Government’s proposal to borrow 852 billion Shillings loan to rehabilitate the Kampala-Malaba Meter Gauge Railway. Parliament had approved a running loan of £327 million in 2021 for the same purpose. …
Read More »
London, UK | Xinhua | Richard Sharp, chair of The British Broadcasting Corporation (BBC), resigned on Friday after an independent report found he breached rules for public appointments in his involvement in facilitating a loan to former British Prime Minister Boris Johnson. Sharp said he would stay on until the end …
Read More »
Kampala, Uganda | ISAAC KHISA | Ugandan’s are now embracing use of loans to acquire cars of their choice as they strive for a convenient transport means. Faith Margaret Naikayu, the Commercial Manager at Autochek Uganda, a digital car financing marketplace in an interview spoke about the new trends in car …
Read More »
Kampala, Uganda | THE INDEPENDENT | As the cost of higher education continues to rise, many families are finding it difficult to pay for their children’s university education. The financial burden can be even greater for working families. However, with a tuition loan, families can provide their children with the education …
Read More »
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has been ordered to pay 6 billion Shillings for illegally selling a school after it failed to repay a loan it had contracted. According to the court records, in 2004, Progressive Secondary School and its proprietors applied for loans worth 1.2 billion …
Read More »
Kampala, Uganda | THE INDEPENDENT | Buying a car can be a stressful experience. With so many options to choose from, it is hard to know the best choice based on tastes and preferences. Fortunately, intensive research can eliminate stress and save the buyer money in the long run. Gasta Kevin …
Read More »
Eight regional training sessions targeting 1,130 SMEs were conducted in different parts of the country in preparation for access to credit Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank, the country’s national development finance institution has reported a 52% surge in loan portfolio to Shs1.2trillion for the year ended December …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
