Ex-minister Sandip Verma allegedly broke rules after family firm signed deals worth £88m A Conservative peer has been accused of breaching the ministerial code after her family firm signed multimillion-pound deals to supply Uganda’s government with solar power equipment. Sandip Verma’s company, Nexus Green, has signed two deals worth more …
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Kampala, Uganda | Isaac Khisa | Global credit rating agency, Moody’s, has affirmed A3/Stable Rating for Africa’s multilateral insurer, African Trade Insurance Agency (ATI), citing strong capitalisation and liquidity. The new rating stands alongside Standard &Poor’s ‘A/Stable’ rating, which ATI has maintained for over a decade. ATI said in a statement on …
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The United Kingdom plans to increase funding for export credit to Uganda, from £300 million (Shs1.35 trillion) to £600 million (Shs2.7 trillion). Lord Dolar Popat, the British Trade Envoy to Uganda, announced the plan at a breakfast meeting held for United Kingdom (UK) business community in Uganda. The new export …
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The Independent Uganda: You get the Truth we Pay the Price