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Tag: Money Lending

Money lenders warned against taking National IDs as collateral

by Matooke Republic
April 18, 2023

Police have warned moneylenders against taking National IDs as collateral. According to the police, there is increased misuse of National ...

It is not illegal for a person to privately lend another person money – court rules as it directs businessman Ndyareeba to repay Shs230m debt

by Matooke Republic
January 10, 2022

Businessman Ronnie Ndyareeba hoped to take advantage of the Microfinance Institutions and Money Lenders Act 2016 to refuse paying a ...

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