How do we compete with people paying 30% or 40% the interest we do?
Are "community" funds / loans subject to CBK rates?
But Interest rates are quite high here at around 20%. Wouldn't raising it impede credit to local manufacturers?
Bureaucracy remains a big obstacle to local businesses and manufacturing. Lots of licensing, requirements and fees needed before one establishes a new venture.
Focus should shift from trying to reap from those establishing ventures to already established.