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    Tag: Money lenders

    “Replace the sovereignty bill with a national civic defense program, disaster response, and defense skills. Include the diaspora through embassies instead of criminalizing them. Ensure parliamentary oversight to prevent abuse, because this is the only way we shall adequately promote true sovereignty,” Nsereko said.
    Following the ongoing public outcry surrounding the implementation of the urban trade order in various towns and cities, the Minister of Local Government Raphael Magyezi has convened a high-level consultative dialogue with the leadership of Born...

    DP Lauds Finance Ministry for Lowering Monthly Money Lending...

    The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.

    NEED Asks Government to Suspend Money Lenders using National...

    The National Economic Empowerment Dialogue (NEED) party has asked the government to suspend money lenders who take National Identification...

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