Gen Kyanda’s Hoima Hotel Project Stalls as UDB Bosses Drag Their Feet-Ben Kavuya Almost Returned To the village over Shs10bn Loan

A growing number of business-minded senior cadres of the President and the NRM are becoming disillusioned with failure to promptly access the financial support they require from the Patricia Ojangole-led UDB, to continue coping in the private sector.Owned and funded by the GoU, using the taxpayer’s money, Uganda Development Bank (UDB) is charged with availing long term development finance to enable Ugandan private sector players contribute to the realization of President Museveni’s 10-fold growth strategy ($500bn GDP size by 2040).