THIS year, we’re not advertising any loan product because we have a backlog of applications worth over K30 billion, says Minister of Small Medium and Enterprise Development Elias Mubanga. And Mubanga has clarified that SMEs and Cooperatives will not automatically get CEEC loan repayment extensions as they have to prove that their businesses were badly affected by the energy crisis last year. Meanwhile, Mubanga has observed that SMEs and Cooperatives dealing in solar businesses have done well in terms of loan repayment. In an interview, Thursday, Mubanga said his ministry would not advertise on any product this year because it had a massive backlog of applications. “This year, we are not advertising any product, we have a bulk of applications,...