Why are loan rates & mortgage rates so Expensive in Uganda?

Why are loan rates & mortgage rates so Expensive in Uganda?

Author: Kakande's Investments Podcast June 18, 2024 Duration: 2:56:52

“we are now looking at interest rates that are as high as 18% on salary loans, business loans as high as 18%. You look at asset financing, We are looking at almost 20% for asset financing. When it comes to trade financing, and trade financing for business people who are importing things from different countries and bringing them to Uganda, importers. they are spending as high as 20% annualized on such a loans before they talk about taxes,”

Friends,

I would want to send my sincere thanks to all the panelists, the team from Blacklight Investment Advisors JEAN AKOL, CFA Timothy Ahumuza Allan Nyamutale, then Natif Anthony and Damalie Mubiru for a wonderful session conversation on a critical but very important topic of the cost of Borrowing for businesses, for personal lending and the cost of Mortgage.

This is a conversation we will keep having in the most consistent way and the hope is, those with the powers to influence and see a meaningful change in the financial space can do something about it.

Happy Investing Everyone.

Alex Kakande



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

There's a unique perspective that comes from viewing the global financial landscape through a specific lens, and that's what you'll find with Kakande's Investments Podcast. This isn't about generic market tips; it's where Ugandan intellect and a deep understanding of local context meet broader international investment principles. Each episode feels like a conversation that bridges worlds, dissecting opportunities and strategies with a blend of regional savvy and global acumen. You'll hear discussions that ground complex financial concepts in real-world scenarios, making them accessible whether you're managing a portfolio abroad or building capital closer to home. The podcast serves as a thoughtful guide for anyone looking to cultivate a more nuanced and informed approach to growing their wealth. It’s that synthesis of distinct viewpoints that creates truly valuable insights, episode after episode. Tune in for a fresh take on building financial understanding from a grounded, yet outwardly-looking, point of view.
Author: Language: English Episodes: 20

Kakande's Investments Podcast
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