Posted inCompanies

Finance ministry on the spot over criteria used to bail out companies

Legislators on the Committee on Commissions, Statutory Authorities and State Enterprises have tasked the finance ministry to present documentation on the criteria used in granting bailouts to companies in financial crises. According to the committee chairperson, Hon. Medard Sseggona, companies belonging to foreign investors have mostly benefitted from bailouts compared to companies belonging to Ugandan […]

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