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    Ukraine helicopter crash kills 16, including interior minister

    Ukraine helicopter crash kills 16, including interior minister

    Luweero mosques reopen after 2 weeks of closure

    Luweero mosques reopen after 2 weeks of closure

    Officials accused of grabbing Jinja city health centre land

    Officials accused of grabbing Jinja city health centre land

    Former MP Fungaroo arrested for allegedly inciting violence

    Former MP Fungaroo arrested for allegedly inciting violence

    Christmas season road crashes claim 55 lives in 4 days

    Christmas season road crashes claim 55 lives in 4 days

    Be road conscious in this festive season, many have lost lives

    Be road conscious in this festive season, many have lost lives

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    Ukraine helicopter crash kills 16, including interior minister

    Ukraine helicopter crash kills 16, including interior minister

    Luweero mosques reopen after 2 weeks of closure

    Luweero mosques reopen after 2 weeks of closure

    Officials accused of grabbing Jinja city health centre land

    Officials accused of grabbing Jinja city health centre land

    Former MP Fungaroo arrested for allegedly inciting violence

    Former MP Fungaroo arrested for allegedly inciting violence

    Christmas season road crashes claim 55 lives in 4 days

    Christmas season road crashes claim 55 lives in 4 days

    Be road conscious in this festive season, many have lost lives

    Be road conscious in this festive season, many have lost lives

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Equity Bank Unveils $6 billion Africa recovery plan to save businesses hit hard by Covid 19

bintu by bintu
August 30, 2022
in Business, News
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Equity Bank Unveils $6 billion Africa recovery plan to save businesses hit hard by Covid 19
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By Shisa Naomi
Equity Bank Uganda Limited has unveiled the $6 billion (shs 24trillion Uganda) Africa Recovery and Resilience plan to help business hit hard by covid-19 recover.

Dr. James Mwangi the Equity holding Group CEO said the fund will not only support businesses to flourish but also spur economic recovery and this was said at a breakfast meeting dialogue last week.

READ ALSO

Ukraine helicopter crash kills 16, including interior minister

Luweero mosques reopen after 2 weeks of closure

The project will be implemented through six strategic pillars of Food and Agriculture, Trade and Investment, MSMEs, Technology, Manufacturing and Logistics, Social and Environmental transformation all envisaged to reach millions of customers while creating over 25 million direct jobs, this is according to Dr. Mwangi.

Deputy speaker of parliament Thomas Tayebwa revealed that Parliament has also finalizes four laws aimed at boosting the performance of the private sector.

“The laws will be a gateway for development of the private sector and more so curb money laundering and anti-terrorism financing” Tayebwa said.

He also said that in order to improve the legal framework for businesses, Parliament will pass seven bills to regulate the business environment and make it safer for sector players.
Next Media Services Group CEO Kin Kariisa called on Equity Bank to align the Africa Recovery and Resilience Plan III.

“What we need is the bank together with National Development Plan to align their goals with the National Planning Authority such that the country can realize its goals. We need to move away from simply talking and start putting these excellent plans into reality” Kariisa said.

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