World Bank stalls $90m Uganda loan

World Bank approves opposed $500m education loan to Tanzania  The Citizen Daily

Kampala. A key trial in Uganda of 13 men accused of taking part in Al-Shabaab bombings that killed 76 people in 2010 was postponed Tuesday after the top prosecutor was shot dead.

Commercial banks have just made it more difficult for the average Tom, Dick and Jane to get a loan for personal use, The Citizen on Sunday has reliably learnt.

Exim Bank Tanzania has signed a $20 million (about Sh42 billion at the prevailing exchange rate) loan agreement with Germany’s private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG) to support Tanzania’s small and medium-sized enterprise sector (SME).

The Commercial Court has summoned Busiro South MP Joseph Balikudembe Mutebi to defend himself on allegations that he failed to pay a Sh156million loan he acquired from Housing Finance Bank.

>CRDB Bank has received yet another boost that will help it in providing financial support to small businesses in the country.

Tanzania Agricultural Development Bank Limited (TADB) has signed a loan agreement with eight groups of Iringa farmers to offer Sh1 billion.

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Uganda's government says the country should stand up to blackmail, after the World Bank postpones a $90m (£54m) loan over the country's controversial anti-gay law.