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Dollar Scarcity and High Interest Rates Deter Investors in East Africa: EABC Report
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September 25, 2023September 25, 2023News, Politics, Tanzania

Dollar Scarcity and High Interest Rates Deter Investors in East Africa: EABC Report

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In East Africa, the struggle with the scarcity and volatility of the dollar, high-interest rates, and limited access to credit deter potential investors. According to the “Report on the Ease of Doing Business in the East African Community (EAC) 2023” published by the East African Business Council (EABC), several factors are posing threats to businesses...