Business

Pressure group wants Parliament to summon Kasaija over Bagyenda reappointment

Following the confirmation by Finance Minister Matia Kasaija that he had reappointed Ms Justine Bagyenda as board member of the Finance Intelligence Authority ...

Uganda Airlines to make losses for first two years—NPA projection

Uganda Airlines is projected to make financial losses in the first two years of operation and to break even in the third year, according...

How some ventures continually stay ahead of the crowd

By Martin Zwilling As a business advisor, I have long been surprised by the large number of industry stalwarts, including Blockbuster, Kodak, and General Motors,...

AfDB, UDB sign $20m loan deal to support local SMEs

The African Development Bank (AfDB) has approved a US $20 million (about Shs74 billion) loan to the Uganda Development Bank Limited (UDBL), the first...

What next for distressed banks like DFCU now that BoU won’t give them loans?

The Bank of Uganda Governor Prof. Emmanuel Tumusiime-Mutebile while addressing delegates at the Annual Uganda Bankers’ Conference on July 17 in Kampala, categorically stated...

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