The Prime Minister of the Republic of Uganda, Rt. Hon. Robinah Nabbanja has reaffirmed Government’s commitment to strengthening Uganda Development Bank’s (UDB) capital base to enable the Bank fully deliver on its mandate of accelerating Uganda’s socio-economic transformation. The Prime Minister made the remarks last Friday while officiating at a ceremony where staff of UDB were passed out after completing …
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Uganda Development Bank Ltd (UDB) has graduated a new cohort of Small and Medium Enterprises (SMEs) in Mbarara District through its Enterprise Development Program (EDP), providing them with the skills and knowledge necessary to become investor-ready. Through business advisory services, UDB prepares and positions both startups and established businesses to access funding from any financial institutions, as well as sustain …
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*Owner Already Entangled in Stanbic Bank Fraud Case Involving Illegal Property Sale The heat is turning up for Soroti businessman Emmanuel Abunyang, owner of Strikers Hotels and Clubs Limited, after the Uganda Development Bank (UDB) issued a Notice of Default demanding the repayment of over Shs1.57 billion in overdue loan arrears — or risk losing his property. A leaked document …
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