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Business recovery: Rescue options for financially distressed companies

In receivership. Mogas defaulted on its loan obligations with Stanbic Bank, resulting in a prolonged repayment negotiation that started in 2018. The oil firm is now undergoing a recovery process. ....

Mustapher Ntale , Insolvency Act , Uganda Registration Services Bureau ,

URSB calls for mindset change about insolvency as top companies file for liquidation

Speaking at a joint two-day conference under the theme; Insolvency and Intellectual Property Rights in the face of COVID-19, the URSB Director Insolvency and Receivership Mustapher Ntale said they have so far received about three top companies which have formally exited the market citing covid.
He adds that they have also received reports of several entities which have not formally exited business but are going through dire financial challenges.
Officiating at the conference, the justice, and constitutional affairs minister Prof Ephraim Kamuntu said the government is revising laws to ensure that costs involved in business formalization and Intellectual property registrations are reduced. ....

Ephraim Kamuntu , Ritah Kemigisa , Mustapher Ntale , Services Bureau , Uganda Registration , Intellectual Property Rights , Director Insolvency , Prof Ephraim Kamuntu , சேவைகள் பணியகம் , உகந்த பதிவு , அறிவுசார் ப்ராபர்டீ உரிமைகள் ,

Save that business on the brink of collapse

Daily Monitor
Tuesday April 20 2021
Traders in downtown Kampala. Several businesses came face to face with dropped sales while others closed as a result of the Covid-19 pandemic. PHOTO/Alex Esagala
Summary
While some businesses have thrived during the pandemic, others have failed to make it through and wound up for good. But there are some lifelines that could save your business from closing
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In the throes of an unprecedented disruption, thousands of businesses have closed permanently.
Sectors such as education, hospitality, tourism, entertainment, and main-stream businesses have suffered the wrath of the Covid-19 pandemic. While some businesses have thrived, others have wound up for good. ....

Lydia Namono , Mustapher Ntale , Roland Kokasi Odinga , Insolvency Receivership At Uganda Registration Services Bureau , Uganda Registration Services Bureau , உகந்த பதிவு சேவைகள் பணியகம் ,