President Yoweri Museveni has raised serious concerns about the growing problem of moneylenders in Uganda, warning that they are taking advantage of vulnerable citizens.
Speaking on Sunday, Museveni compared his current fight against moneylenders to another liberation war. He highlighted that many Ugandans, especially the youth, have lost their property to these lenders due to unfair and deceptive practices.
According to President Museveni, the government is working on new laws to regulate moneylenders and stop them from exploiting people in need. He criticized the way some lending agreements turn into sales agreements, leading to many Ugandans losing their land, homes, and other assets.GET FULL STORY HERE.
"Moneylenders Are Becoming a Problem" Museveni Declares Another Liberation War, Sends Warning
22 June
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