Day: September 27, 2024

Banks’ lending rate down for 3rd month in August

Banks’ loan rate declined for a third consecutive month in August, as the central bank has frozen its key rate for more than a year amid moderating inflation and high household debt, central bank data showed Friday.

The average lending rate of banks…

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Recent News

Labour Envoys Proposed to Protect Ugandans Abroad

Kampala: The Speaker, Jacob Marksons Oboth, has called for the deployment of labour attachés in countries partnering with Uganda on labour externalisation. The Speaker made this call after the Minister