Fred Mafabi, a businessman in Busano, says the transport problem has forced them to increase commodity prices. He says currently, a kilogram of Sugar costs Shillings 3500 from Shillings 3000.
Liu Lei, the project manager Shandong Taikai Power Engineering Company limited, told URN that his office paid Shillings 40M to the sub-contractor, Fred Katumba to clear the workers pay and wonders why he didnt pay them.
Banks that reported losses in 2017 include Commercial Bank of Africa 1.2 billion shillings, Cairo International Bank 1.1 billion Shillings, and Top Finance Bank 4.2 billion Shillings.
