Uganda: SMEs Decry High Interest Rates On Loans

10 January 2012

It is no longer a secret that small and medium businesses suffered a great deal in 2011.

With inflation, peaking to 30.4 per cent in October 2011--the first time in 18-years, from about 5 per cent at the beginning of the that year, small and medium enterprises (SMEs) were left counting losses, due to circumstances beyond their control.

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