Finance to pressurize commercial banks to treat the salary loans differently. Members of parliament say that salaries more especially for civil servants don’t change and therefore the interest rates and the period of payment for salary loans should not be changed. Samia Bugwe north Julius Maganda says salary earners took the loans long time but […]
The proposal by President Museveni to divert the funds for the State house scholarship to the students loan Scheme has attracted mixed feelings among the lawmakers. Recently after several complaints about the abuse of the State house scholarship, President Museveni proposed that the funds meant for the state house scholarships are allocated to the Students […]
MPS have thrown out the ministerial statement of the minister of finance on the youth venture capital fund meant for youth entrepreneurs. This came after the minister of finance; planning and Economic Development Maria Kiawanuka Nabasirye failed to convince them on the friendly modalities on how the youth can access funds for job creation. The […]
It seems the youths across the country are full of smiles since the government has announced that they can access low interest loans from banks starting by next week. The government has put a side 25 billion shillings for the youth to borrow. The minister for finance, Miria Kiwanuka says that the youths can access […]
Shocking details have emerged on how Producer Eddie Yawe, a brother to Ghetto president, Bobi Wine got his dream studios. We have been told that Yawe using his brother Bobi Wine as an assurance that he would pay got the machines he is currently using in his studio on loan which he has failed to […]
Captain Juma Seiko’s 11 daughters hit Club Rouge in Kampala last night dressed in miniskirts and caused massive erections. Indeed we overheard one of the bouncers at Club Rouge asserting that the captain should be declared a source of National treasures. The bouncer went on, ‘I am sure Captain Seiko can easily get a bank […]
The UPDF veterans now have all the reasons to smile, start off businesses or marry wives because statehouse and the UPDF have pledged to give them loan starting next financial year. A source working in the office of the presidential advisor in charge of the UPDF has told our informer that president Museveni has directed […]