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Wednesday,August 12,2020 11:57 AM

WEEKLY ROUND-UP

By Vision Reporter

Added 30th August 2009 03:00 AM

SMEs get sh255b boost
- KAMPALA
The small-and-medium enterprises (SMEs) are among the businesses that will benefit from $170m (about sh255b) that has been raised by the GroFin Africa Fund (GAF). GAF raised $170m at its final fund closing against a

SMEs get sh255b boost
- KAMPALA
The small-and-medium enterprises (SMEs) are among the businesses that will benefit from $170m (about sh255b) that has been raised by the GroFin Africa Fund (GAF). GAF raised $170m at its final fund closing against a

SMEs get sh255b boost
- KAMPALA
The small-and-medium enterprises (SMEs) are among the businesses that will benefit from $170m (about sh255b) that has been raised by the GroFin Africa Fund (GAF). GAF raised $170m at its final fund closing against a targeted $150m, highlighting increased appetite for investors in emerging markets like Africa. The fund was created by GroFin, a leading growth finance fund management company, specialising in risk capital and business support for SMEs in emerging markets.

Dairy farmers paid peanuts
- KAMPALA
Dairy farmers have threatened to withhold milk unless there is an increase in the farm gate prices. Frank Tumwebaze, the president of the Uganda National Farmers’s Federation (UNFFE), said a recent survey in seven cattle-corridor districts in the western region showed that farmers sold a litre of milk at between sh250 and sh500.But consumers in Kampala pay between sh1,600 and sh2,600 for cooled and pasteurised milk respectively. “Farmers would rather not sell than be cheated,” Tumwebaze told reporters at Parliament. He said milk traders and processors were getting between 50 and 70% profit.

Zain unveils new promo
- KAMPALA
Zain customers will enjoy a 50% and 90% discount to make calls during the day and late night respectively, following the launch of ‘Zain Supa Talk. Customers will be required to subscribe for only sh500 daily so that they can take advantage of the savings.

WEEKLY ROUND-UP

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