Browsing: Centenary bank

Despite the availability of Shs 200 billion under the Small Business Recovery Fund (SBRF) to aid struggling enterprises post-COVID-19, small businesses in Uganda have been slow to take up the loans. As of September 2023, only Shs 16 billion had been disbursed, representing just 8% of the fund. Key barriers include short repayment periods, stringent collateral requirements, and low awareness about the fund.

BY MICHAEL JJINGO It’s estimated that two in 10 new startups should survive and thrive, but over 75 percent of…

JULIET BAGGYA NSIYONA One of the communities known widely for the old-age tradition of saving is India. Popularly known for…