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ARTICLES 2008-2015

Rising bank prime lending rates

By Enock Twinoburyo High interest rates indicative of Uganda’s unsustainable economic fundamental weaknesses I recently received a notification from my bank increasing the prime lending rate from 23.5% to 26.5% applicable to both the existing and new borrowers.  This also implies that majority of the borrowers, who are not the …

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Precious Tamale;

By the Indepenent Team Dry cleaner When she joined Makerere University in 2011, Precious quickly realized that students didn’t have time to do their own laundry yet they wanted to be smart at all times.   The graduate of Adult and Community Education saw a business opportunity of providing the service.  …

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