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Unrest as banks deny govt agencies loans

In what looks like a ‘keep them guessing’ game, the lack of information and systematic steps on a cabinet decision to disband and fuse some of its agencies has caused anxiety among staff of the various entities listed for disbandment.

In the same vein, local banks are quietly withdrawing their services to employees of these agencies, especially those seeking salary and long-term loans. On September 10, a cabinet meeting resolved to merge or disband some of the agencies that are seen to have duplicated roles in a move that is hoped to save government more than Shs 1 trillion.

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