Loan
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Cooperatives & Communities
Bunyoro sugarcane farmers form cooperative union
MASINDI-Sugarcane farmers from Bunyoro Sub-region have come together to form Bunyoro Sugarcane Farmers Cooperative Union Limited, according to Cosmas Byaruhanga, the Masindi district LCV Chairperson, who is also a member of the…
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News
Fort Portal City seeks Shs 60bln for urbanisation and climate change mitigation
FORT PORTAL – Fort Portal city authorities are targeting Shs 60 billion as part of a bigger loan which the Ugandan government is set to secure from the French Development Agency [FDA]…
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East Africa
Kenya gets €89mln loan to bolster economic recovery
NAIROBI– The African Development Bank [AfDB] Group has approved an €89 million loan to boost the Kenyan government’s economic recovery efforts. The loan will provide funding for the second phase of Kenya’s…
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News
Bitature accepts USD10mln loan, says negotiations with Vantage ongoing well
KAMPALA– Kampala businessman, Patrick Bitature has finally accepted that he indeed borrowed US$ 10 million from Vantage Mezzanine Fund in December 2014 and is willing to pay, as negotiations, including arbitration, as agreed…
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News
Vantage lawyers insist on selling properties of Bitature to recover U$34mln
KAMPALA– The battle to attach and sell some of the properties belonging to business mogul Patrick Bitature continues, Robert Kirunda whose law firm represents South African lenders- Vantage Mezzanine Fund II Partnership,…
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Cooperatives & Communities
Ntungamo farmers decry continued quarantine
NTUNGAMO– Cattle farmers in Ntungamo district are worried that a quarantine imposed on the movement of livestock and related products still remains in force following an outbreak of the infectious Foot and…
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News
Mbarara awards 17 contracts worth Shs.1billion, as local contractors are warned of shoddy work
MBARARA – Mbarara district leaders led by their LCV Chairman Didas Tabaro have awarded 17 construction contracts to local companies worth Shs.1,148,476, 966. Some of the companies that were awarded contracts include; …
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