Uganda Development Bank reduces interest rates

By Gerald Businge on February 1, 2012 association, bank, bank loans, city, city traders, Commercial Banks, corporate businesses, country, development, economic crisis, high interest rates, interest, interest rates, kampala, long term relationship, news, press, result, traders association, Uganda Development Bank, umbrella, umbrella association Celebrity gigs, Gossip, Latest Uganda News, Stories Unusual

As a result of the recent hikes of interest rates in the market, many corporate businesses are encountering difficulties in paying back the loans they have acquired from the commercial banks. A couple of weeks back, the traders in Uganda through their umbrella association of ‘Kampala City Traders Association’ staged a sit-down strike protesting against […]