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“moneylender”

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Inside Government’s New Pay Deal for Arts Teachers

Inside Government’s New Pay Deal for Arts Teachers

Following weeks of a sit-down strike that left arts lessons suspended across many government secondary schools, Government has come out with a new plan aimed at addressin...

Ultimate Uganda
To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...

Ultimate Uganda
Museveni wants law to regulate moneylenders

Museveni wants law to regulate moneylenders

President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government...

Ultimate Uganda
Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study sho...

Ultimate Uganda