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Tag Archives: Rashmi Pillai

Uganda to waive taxes on foreign venture funds

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 …

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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 …

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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 …

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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 …

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