Ugandan govt warns banks on climbing interest rates

PUBLISHED: Mon, 13 Aug 2018 10:00:51 GMT


The Government of Uganda has warned banks to ensure that interest rates do not reach a level where they need to be capped. Interest rates are still a major concern for borrowers in the country, many of whom cite them as the biggest impediment to private sector credit. Joining CNBC Africa for more on this is AfricaCatalysts CEO, Dumi Jere.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.