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Sep 2 results
13:21
13:21

Apac Suspends Operation of Microfinance Institutions Brac Uganda Limited 3

It has been realized that most small businesses had been operating on loans secured from micro finance and money lending institutions within their localities. They are supposed to be remitting payments back to the institutions who had given money whether the business is running or not.
15:42
15:42

Brac Granted Approval to Become Credit Institution Brac Uganda Limited

The license, which URN has seen, stipulates that Brac must deposit a minimum capital requirement of 1 billion shilling with Bank of Uganda on top of paying an initial license fee of 2m shillings.
Sep 2 results