By Julius Businge So what if Mutebile reduces bank rate but lending rates stay up? The recent strike of traders against banks over high lending rates put Esther Nakitende in a tight spot. The clothes seller on William Street in downtown Kampala city followed instructions from the Kampala City Traders …
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By Julius Businge Immigration mulls innovations to tackle delays, forgery Usually, the ministry of Internal Affairs at Plot 75 on Jinja Road in Kampala has a huge crowd of people either seating or standing in a tent or merely moving about restlessly. Usually, they look distraught and desperate. Usually, they …
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By Julius Businge Bank of Uganda to introduce consumer protection mechanism What would make you borrow Shs 500,000 from a money lender at an interest rate between 15% and 30% per month? Many reasons but at the heart of each is on common feature; desperation – you want money badly. …
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The Independent Uganda: You get the Truth we Pay the Price