Is Investing in Stocks and Bonds on the Uganda Securities Exchange (USE) Any Good?
If you are particularly a Ugandan in the diaspora or have awareness of the interest rates in markets such as the US and the UK you will know that the Bank of England’s base rate is 0.5{5b0579ddad123e8826b0f99aaf2548fba6b6d6310808b95d99d67897c25a7935}. The Fed rate in the US is presently 0.25{5b0579ddad123e8826b0f99aaf2548fba6b6d6310808b95d99d67897c25a7935}. This is the rate that basically determines lending rates by commercial banks and thus the interest rates they pay on savings. The UK rate is not expected to change for say the next 3 years i.e until 2015, I expect the same for the US rate. You can therefore expect that the interest you