Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …
Read More »FSDU to spend Shs 72Bn on key economy sectors
Kampala, Uganda | Julius Businge | Financial Sector Deepening Uganda (FSDU) has welcomed £15million (approx.Shs72bn at current exchange rate) commitment from UK aid to initiate new phase of financial sector development, a notice shared by Rashmi Pillai on Jan.23 reads in part. Pillai is the executive director for FSD –Uganda. The amount …
Read More »Support key sectors of the economy to create jobs, fight poverty – FSDU
Kampala, Uganda | Julius Businge | Financial inclusion statistics count most when they reflect the unlocking of economic potential through harnessing natural resources, most especially through job creation; thereby reducing poverty and fostering prosperity for all. Those were some of the words that Governor of Bank of Uganda Emmanuel Tumusiime Mutebile …
Read More »Financial inclusion alone is not enough – Experts
Kampala, Uganda | THE INDEPENDENT | Finance experts have said that having people financially included must come with their ability to manage shocks, invest, and have better health. Financial inclusion refers to products or services that are either financial or non-financial made accessible to poor populations to aid their financial …
Read More »More people to embrace formal financial services
Kampala, Uganda | JULIUS BUSINGE | Rashmi Pillai is the programs director at Financial Sector Deepening Uganda (FSDU). She spoke to The Independent’s Julius Businge about the recently held Financial Inclusion Week and related sector issues. What was the financial inclusion week about? The Financial Inclusion Week begun as a concept …
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