"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Ugandaโs balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. Thatโs how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.โ Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.
Factors being, & not limited to these factors that enhance safe lending.
-Produce verifiable Off take Contracts
-Appoint a Collateral Manager to manage Pledge
-Insurance Policy nominating Bank as 1st loss payee..
-Regulatory bodies. MAIF, PAU
-Escrow accts/Manage receivables..
Factors being, & not limited to these factors that enhance safe lending.
-Produce verifiable Off take Contracts
-Appoint a Collateral Manager to manage Pledge
-Insurance Policy nominating Bank as 1st loss payee..
-Regulatory bodies. MAIF, PAU
-Escrow accts/Manage receivables..
"Your are a start up" this narrative from Banks often derails trade finance facilities from Financiers..
At wat point do start ups be financially eligible to credit๐ค??
Under SCTF , we throw the limitations out the window & derive the strength of the transaction on other factors
"Your are a start up" this narrative from Banks often derails trade finance facilities from Financiers..
At wat point do start ups be financially eligible to credit๐ค??
Under SCTF , we throw the limitations out the window & derive the strength of the transaction on other factors
I noticed it first hand, a meter away from my computer,..if i had seen it live, trust me i would not waste my time tryin to be sure wat it is๐คฃ๐คฃ๐คฃRan!!
A group of people noticed something massive resting on a tree... At first, it looked like part of the trunk - until they realized it was a giant python. Many believe it's one of the largest pythons they've ever seen.
What do you think about it? Would you get closer... or keep your distance?