Tuesday , March 19 2024
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Tag Archives: Enock Twinoburyo

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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Danger of dollarisation

By Enock Twinoburyo Uganda’s Central Bank may soon face a challenge in its conduct of monetary policy In recent times, the media has been awash with digital migration, a term that has cascaded into politics, with digital and analogue presidential candidates. Kampala waved good bye to the analogue signal in …

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