Kampala, Uganda | THE INDEPENDENT | The East African Community integration project will emerge bruised but push ahead when the coronavirus pandemic is finally controlled despite contradictions at the moment pitting one partner state over the other, watchers have said. This comes after several bust-ups among the states, the latest being …
Read More »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 …
Read More »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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