High loan fees strain SMEs

Bank of Uganda Governor Emmanuel Tumusiime-Mutebile share a moment with Kenya’s former Central Bank Governor Njuguna Ndungu at the inaugural Annual Bankers Conference in Kampala last week. SMEs say high fees stifle business. Photo by Stephen Otage

What you need to know:

  • Disturbing. SMEs also blame banks for the bureaucracy in the loan application process.

Kampala.

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