It will boost manufacturing and bridge the funding gap to the sector that holds great potential for Uganda’s growth Kampala, Uganda | THE INDEPENDENT | Uganda’s commercial banks are planning to provide Shs1trillion in export credit facility to help local manufacturers boost their access to the regional markets. Sarah Arapta, …
Read More »5th Annual Bankers Conference slated for next week
Kampala, Uganda | THE INDEPENDENT | Uganda’s banks will next week hold the 5th Annual Bankers Conference focusing on recovering manufacturing, tourism and agribusiness sectors. The two-day conference starting on July 25 will take stock of the financing gaps and other funding challenges therein, how best the financial sector players and …
Read More »Banks target selected sectors amidst growing economic crisis
Kampala, Uganda | THE INDEPENDENT | The banking industry is worried over the rate at which the cost of living in Uganda is rising threatening the recovery of the economy. The Uganda Bureau of Statistics reports that headline inflation steadily increased to 6.8 per cent at the end of June, from …
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