COMPANIES IN DEBTS

COMPANIES IN DEBTS

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Manufacturers mostly those in huge production are worried they could be locked out of businesses due to the increasing cost of doing business in the country.

 

The Advocacy Officer at Uganda Manufacturers Association, Godfrey Ssali says prominent businesses in the country are currently running on debts estimated at 1.3 trillion shilling.

 

He adds that most affected businesses fall in the steel industry, one of the big exporters in the country.

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