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Uganda’s Legal Loophole and Debt Drama | Uganda News

In Uganda, a legal loophole from 2016 is letting wealthy borrowers dodge debt by dragging lenders into costly court battles—where losing means paying less than the original loan, but winning the time to use the money for free. While courts mostly rule in favor of lenders, the delays give borrowers years of interest-free capital. This risky game is already raising red flags with the Bank of Uganda, as it’s making the country look riskier to global investors and could hike borrowing costs for everyone. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…

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