Oil sector players suffer under crippling debts incurred in anticipation of oil money

The Uganda Chamber of Mines and Petroleum is adding its voice to other private sector members who have been trapped under debt worth Billions of shillings associated with the delayed activities around the oil and gas sector. The Chairman of the Chamber Elly Karuhanga, says that they have now resolved to petition the Ministry of Finance to have loans of their troubled members bought off from commercial banks by the Uganda Development Bank.

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