This is compounded by low growth expectations of Ugandan entrepreneurs with the GEM data estimating that only ten percent of the early stage enterprises expected to employ at least 5 employees within the subsequent five years  The second issue relates to some perceptions being peddled around by some commentators to the effect that the recent increase in non-performing loans of the banking industry from 4 percent in June 2015 to over 7 percent in June 2016 was mainly a result of high interest rates.
Distinguished Guests, Ladies and Gentlemen, Please allow me to close my speech by expressing my appreciation and sincere gratitude to all speakers and participants for the willingness to join this event. I also would like wish you all a fruitful discussion and deliberation in this important event.