The Uganda Registration Services Bureau (URSB) Department of Insolvency and Receivership held a Monitoring and Evaluation validation meeting for its Business Rescue and Aftercare Programme (BRAP), gathering entrepreneurs from the first to third cohorts to assess the initiative's impact and chart a path for improvement.
Mr. Mustapher Ntale, Deputy Registrar General – Registries, representing the…
The Department of Insolvency and Receivership is participating in pre-visit engagements under the regional expansion programme of the International Development Law Organization (IDLO) Business Recovery Advisory Programme (BRAP) across Eastern Uganda.
The engagements were conducted in the cities of Mbale, Tororo, and Jinja, bringing together key stakeholders including District and City Commercial Offices, business associations,…
The Commissioner for Insolvency and Receivership, Ms. Caroline Egesa, has underscored the importance of building business resilience through enhanced financial literacy and strong corporate governance structures. Speaking during the launch of Cohort 4 of the Business Recovery and Advisory Program (BRAP) at the Uganda Business Facilitation Center, Kololo, Ms. Egesa noted that many enterprises continue…
Not every business succeeds, and sometimes companies face financial troubles. That’s where URSB comes in to manage liquidation and insolvency processes.
What Is Liquidation?
Liquidation means closing a business, selling its assets, and using the money to pay off debts.
What Is Insolvency?
Insolvency is when a business can’t pay its bills or meet financial…
