Tugende takes first step towards repayment of defaulted $5M Goldfinch loan
Tugende, Warbler Labs have agreed on a loan restructuring plan that may lead to the recovery of funds.
Source: techcrunch.com
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Tugende in talks with US lender to restructure Shs18.6b loan
Tugende is in talks with its US lender, Goldfinch, to restructure the $5m loan
Source: monitor.co.ug
US lender stares at Shs18.6b loss from loan to Tugende
Goldfinch, a US financier says Tugende Kenya irregularly lent Shs7b to Tugenda Uganda from the Shs18.6b loan advanced to the Kenyan unit in 2021
Source: monitor.co.ug
Boda bodas lose bikes over loans
The Kampala District boda boda leadership attributes the crisis to ‘‘a bad culture of not wanting to pay back loans’’
Source: monitor.co.ug