UGANDA, Kampala | Real Muloodi News | Uganda’s Central Bank has raised interest rates by another 50 basis points to 9.0% on Friday, up from from 8.5%. Policy makers, faced with the most significant cost pressures in six years, signalled willingness to boost rates further if inflation isn’t reined in. After this third straight increase, the Bank … Continue reading Uganda Raises Interest Rates to 9 Per Cent, Warns More Hikes to Come