Kampala, Uganda | ISAAC KHISA | Micro, Small and Medium Enterprises are the engines of many economies including Uganda and therefore need bank’s help to thrive and grow, according to Prof. Chris Ogbechie, a strategic management don at Lagos Business School and former Chairman of the Nigerian-based Diamond Bank Plc. Prof …
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Kampala, Uganda | THE INDEPENDENT | Bank of Africa’s Managing Director, Arthur Isiko, has tipped Small and Medium Enterprises (SMEs) on access to finance as a key aspect for business growth. Isiko was speaking at a business forum hosted by the Bank at Tick Hotel in Kawempe, a Kampala suburb on …
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Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda will sponsor 30 local entrepreneurs for a business trip to Germany and Turkey in an effort to support the growth of Small and Medium Enterprises, according to its Managing Director, Joram Kiarie. “At KCB Bank Uganda, we are aware that one of …
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Kampala, Uganda | THE INDEPENDENT | The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re- guarantee transaction of up to $74 million with GuarantCo to increase its guarantee capacity for SME financing on the continent. The new financing will enable AGF to support larger …
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Kampala, Uganda | ISAAC KHISA | The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with the Development Bank of Rwanda and another one with I&M Bank of Rwanda at US$10milllion. …
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Kampala, Uganda | ISAAC KHISA | Naate Masangazira is the director of BiD Network in Uganda. He spoke to The Independent’s Isaac Khisa about linking the country’s SME’s to the prospective investors. What is BiD Network’s assessment of the SMEs growth in Uganda specifically and in East Africa in general? There …
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Deloitte, an international Audit firm operating in Uganda is working on a plan with the Ministry of Trade Industry and Cooperatives to aid small and medium enterprises (SMEs) grow their enterprises and boost economic growth. Its Managing Partner in Uganda, Norbert Kagoro, spoke to The Independent’s Julius Businge about their …
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Vincent Kiyingi is the manager at the Business Partners Internation (BPI) –Uganda. He spoke to the Independent’s Isaac Khisa about financing SMEs in the country. What is your leadership style as a manager? My leadership style is not definite but I use different styles depending on the time and type …
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Kampala, Uganda | JULIUS BUSINGE | The European Union plans to invest over Shs 420 billion in small and medium enterprises that are environmentally friendly in the coming few years, according to Cedric Merel, the head of corporation at the European Union office in Uganda. Merel was speaking on Sept. 05 at Sheraton Hotel …
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Kampala,Uganda | THE INDEPENDENT | Small and Medium Enterprises in Uganda are restraining from accessing credit facilities due to high processing fees. This was revealed during a recent workshop organized by Enterprise Uganda in Kampala. “When you ask for a loan, they choose their own surveyors whom they pay by deducting …
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