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Analysis & Opinions

EAC Losing Export Earnings In Billions Due To Low Value Addition Of Horticulture, Leather Products

East African partner states are losing out billions of dollars by inadequately investing in adding value to horticulture and leather goods produced in the region and not addressing bottlenecks derailing growth in the sectors. This follows findings from a report launched by the East African Business Council (EABC) in collaboration

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Analysis & OpinionsBanking

BoU: Loan Defaults To Increase, Banks With Higher Lending Rates Have Small Market Share

Prof. Emmanuel Tumusiime-Mutebile, BoU Governor/ Daily Monitor Photo The Bank of Uganda (BoU) has warned commercial against unnecessarily increasing lending rates, revealing that banks with higher interest rates tend to have higher Non-Performing Loans (NPLs). This is contained in the State of the Economy report for September released by BoU

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