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Museveni Declares ‘Enough is Enough’ On Moneylenders Charging 20% Monthly Interest

Museveni Declares 'Enough is Enough' On Moneylenders Charging 20% Monthly Interest

In a recent statement, President Museveni expressed his strong disapproval of moneylenders who charge an exorbitant interest rate of 20% per month. The President firmly stated that such practices are no longer tolerable and called for urgent action to protect borrowers from predatory lending. The President highlighted the detrimental impact of these high interest rates on individuals and the economy ...

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