Recently, I wrote that the media - particularly the segment that pretends to have a business bias meant to imply specialisation - is so gullible to the extent of trying to link any problem (be it structural or dubious strategy of an enterprise) to high cost of credit.
Before my ink even dries, I see that Uchumi Supermarket Uganda's food segment has been closed because of poor hygienic conditions; yes, you got me right: poor hygienic standards. I am waiting for some "analyst" to argue that Uchumi's food segment is dirty because of high lending rates!
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