In today’s world, where financial commitments and expenses are a part of everyday life, borrowing money has become a common practice. However, it is essential to exercise caution and thoroughly evaluate all available alternatives before resorting to borrowing. By doing so, individuals can make well-informed decisions that align with their financial goals and minimize the potential risks associated with debt. ...
Read More »
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 ...
Read More »
Ever asked yourself when you should consider taking a loan. Do you even ever think about asking yourself why should take a loan. The number one thing that retards development is loans. People can take loans for the most avoidable things in this world. Not just a loan by the way but a very huge amount of money just for ...
Read More »
State Minister for Microfinance, Haruna Kyeyune Kasolo, has asked the people of Kalungu not to let politicians mislead them on Emyooga program. He says people should ignore it’s politics and focus on development. “The problem we all have is poverty. We should forget about politics and focus on development. If any politician tells you to just eat the Emyooga money, ...
Read More »
The president lifted a curfew on Monday for a week in Uganda to allow students report back to school uninterrupted. However, Ugandans seemed to still think they were still under curfew. Most of them were seen rushing home before 7 pm, a clear indication that they haven’t moved on from their usual time. Students officially reported to school yesterday as ...
Read More »
Newslex Point News in Uganda, Uganda news