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Orient bank to launch dollar account in Uganda.

Orient bank is to launch a dollar account to enable its customers keep and earn interest in dollars, the general manager, Shamsher Khemani has said. “We wanted to offer a unique product for expatriates and Ugandans with dollar inflow locally and Diaspora. We learnt that most of these people are afraid to keep their money [...]

$4m grant to be given to Uganda

Japan is planning to give a grant of about 4m (sh 7b)to Uganda for re-construction of the Jinja road round about, Masayoshi Hamada, the Japanese vice-minister for foreign affairs, has revealed. Hamada in his own words said, “I am here to promote business ventures between Uganda and Japan. My government is planning to give Uganda [...]

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