Thu, December 5, 2024
[ Thu, Dec 05th 2024 ]: Bill Williamson
FTSE 100 LIVE: London stocks muted as Vodafone merger gets green light and bitcoin hits $100k
[ Thu, Dec 05th 2024 ]: Bill Williamson
Marriage and expenses: Curious about impact on ex .. to work after tying the knot. How should I plan?
[ Thu, Dec 05th 2024 ]: Bill Williamson
Finance Adviser launches SICIP
[ Thu, Dec 05th 2024 ]: Bill Williamson
US Services Activity Expands at Slowest Pace in Three Months
[ Thu, Dec 05th 2024 ]: Bill Williamson
Shell and Equinor tie-up to create new UK oil and gas producer
[ Thu, Dec 05th 2024 ]: Bill Williamson
Bitcoin storms above $100K, sees value more than double in 2024
[ Thu, Dec 05th 2024 ]: Bill Williamson
Rukam Capital's Archana Jahagirdar On Backing India's Next Wave Of Consumer Startups
[ Thu, Dec 05th 2024 ]: Bill Williamson
Unlocking the economic potential of internally di .. laced persons in Africa; private sector solutions
[ Thu, Dec 05th 2024 ]: Bill Williamson
The Cellar in Anstruther reopens with a Spanish twist
[ Thu, Dec 05th 2024 ]: Bill Williamson
Building a climate-resilient energy sector in Nigeria: Challenges and recommendations
[ Thu, Dec 05th 2024 ]: Bill Williamson
Optimism among SMEs at highest level in over a year - Linked Finance
[ Thu, Dec 05th 2024 ]: Bill Williamson
Intel's CEO shake-up puts foundry plans, CHIPS Act cash at risk
[ Thu, Dec 05th 2024 ]: Bill Williamson
Brookfield-backed debt collection giant Panthera finds new owner
[ Thu, Dec 05th 2024 ]: Bill Williamson
Zingers and a pile of votes
[ Thu, Dec 05th 2024 ]: Bill Williamson
ADIB announces the 7th Edition of EFICA: Pioneering Innovation in Ethical and Islamic Finance
[ Thu, Dec 05th 2024 ]: Bill Williamson
Sir Peter Mason, civil engineering supremo who led Balfour Beatty and Amec among other companies
[ Thu, Dec 05th 2024 ]: Bill Williamson
How the world's biggest offshore wind company was blown off course
[ Thu, Dec 05th 2024 ]: Bill Williamson
Digitisation becomes Africa's great equaliser in financial services
[ Thu, Dec 05th 2024 ]: Bill Williamson
Online Applications for Admissions-2025 Closing S .. Flagship MBA, Executive MBA, and MMS-BF Programs
[ Thu, Dec 05th 2024 ]: Bill Williamson
Saudi COP16 Presidency Calls on Private Sector to .. Funding Amid Land Restoration Finance 'blackhole'
[ Thu, Dec 05th 2024 ]: MSN
Cancer Daily Horoscope Today (June 21 - July 22) December 5, 2024: Attractive proposals will come!
[ Thu, Dec 05th 2024 ]: AOL
Intel's CEO shakeup puts foundry plans, CHIPS Act cash at risk
[ Thu, Dec 05th 2024 ]: MSN
Taurus Daily Horoscope Today (April 20- May 20), December 5, 2024: Closed ones will be happy!
[ Thu, Dec 05th 2024 ]: The Star
Finance Committee members decline to lower Railway Levy
[ Thu, Dec 05th 2024 ]: moneycontrol.com
TruCap Finance Consolidated September 2024 Net Sales at Rs 57.65 crore, up 35% Y-o-Y
[ Thu, Dec 05th 2024 ]: Hoteliermiddleeast.com
Taj Dubai has two new hires in the finance and sales and marketing departments
[ Thu, Dec 05th 2024 ]: Zawya
SME finance in the Middle East: the shift towards digital solutions
[ Thu, Dec 05th 2024 ]: Bill Williamson
National Bank of Canada reports rise in profits as it looks to closing CWB deal
Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Business news December 4 (Highlights): Mazagon Dock issues clarification on Project 75
[ Wed, Dec 04th 2024 ]: Bill Williamson
Accountancy people moves: November 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Far from a bazooka, China's stimulus measures are just trickling through the economy
[ Wed, Dec 04th 2024 ]: Bill Williamson
How South Korean leader botched bid to impose martial law
[ Wed, Dec 04th 2024 ]: Bill Williamson
Trump picks former SEC commissioner Paul Atkins to run agency
[ Wed, Dec 04th 2024 ]: Bill Williamson
Lawyers battle over which firm represents Eletson in New York courts
[ Wed, Dec 04th 2024 ]: Bill Williamson
Meet the new Trump administration staffers who will shape key US policies starting in 2025
[ Wed, Dec 04th 2024 ]: Bill Williamson
Pledge to scrap two-child benefit cap as Scottish Budget is unveiled
[ Wed, Dec 04th 2024 ]: Bill Williamson
Bank of Nova Scotia (BNS) Q4 2024 Earnings Call Highlights: Record Net Income and Strategic ...
[ Wed, Dec 04th 2024 ]: Bill Williamson
"Makes economic sense": Mount Zero Olives on its journey to sustainability
[ Wed, Dec 04th 2024 ]: Bill Williamson
Welcome Steve Russolillo, Chief News Editor
[ Wed, Dec 04th 2024 ]: Bill Williamson
AT&T CEO: If Trump slashes taxes, we will invest more in American infrastructure
[ Wed, Dec 04th 2024 ]: Bill Williamson
Rexas Finance Crypto Price Prediction: Is RXS Really the Next Dogecoin (DOGE)?
[ Wed, Dec 04th 2024 ]: Bill Williamson
Donald Trump picks former Georgia Sen. Kelly Loeffler to lead Small Business Administration
[ Wed, Dec 04th 2024 ]: Bill Williamson
Scottish budget vows to scrap two-child benefits cap
[ Wed, Dec 04th 2024 ]: Bill Williamson
News Highlights: Top Financial Services News of the Day - Wednesday at 11 AM ET
[ Wed, Dec 04th 2024 ]: Bill Williamson
Meet the Supercharged Growth Stock That Could Make You a Millionaire
[ Wed, Dec 04th 2024 ]: Bill Williamson
ROYAL BANK OF CANADA REPORTS FOURTH QUARTER AND 2024 RESULTS
[ Wed, Dec 04th 2024 ]: Bill Williamson
Central Bank of Kenya Announces New Monetary Policy Committee Members
[ Wed, Dec 04th 2024 ]: Bill Williamson
Donaldson Company, Inc. (NYSE:DCI) Q1 2025 Earnings Call Transcript

Moneylenders, govt lock horns over interest rates

The article from Monitor discusses the ongoing conflict between moneylenders and the Ugandan government over the regulation of interest rates. Moneylenders are pushing back against the government's proposal to cap interest rates, arguing that such measures would hinder their ability to offer loans, particularly to high-risk borrowers. They claim that the current economic environment, characterized by high inflation and operational costs, necessitates higher interest rates to remain profitable. On the other hand, the government, through the Ministry of Finance, is advocating for these caps to protect consumers from what they perceive as predatory lending practices. This standoff has led to a series of negotiations and public debates, with moneylenders warning that stringent regulations could lead to a reduction in credit availability, potentially stifling economic growth. Meanwhile, consumer protection groups support the government's stance, highlighting the need to shield vulnerable populations from excessive debt burdens.

Read the Full Daily Monitor Article at:
[ https://www.monitor.co.ug/uganda/news/national/moneylenders-govt-lock-horns-over-interest-rates-4846422 ]