| 14.12.2009 - Uganda Commodity Exchange woos banks |
| From Newvision.co.ug: THE Uganda Commodity Exchange (UCE) is working on a new strategy to interest more financiers into supporting farmers operating under the Warehouse Receipt System. As a result, UCE has trained 60 bankers on the operations of the system. The warehouse receipt financing is being promoted as an inventory-based lending product where depositors can obtain credit from financial institutions against their produce. ....................................Full Article: Source |