Ugandan businesses find relief in offshore markets
Industry players are now flocking to offshore borrowing due to the alluringly low interest rates that come with it and relaxed regulations, or asset protection
Source: monitor.co.ug
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Industry players are now flocking to offshore borrowing due to the alluringly low interest rates that come with it and relaxed regulations, or asset protection
High inflation, plus general subdued economic prospects in developed markets, are likely to impact on long-term foreign investor commitments in East Africa.
The current exchange rate has hit an all-time high of Sh133 per US dollar, further exacerbating the financial woes of Kenyans.