Banks urged to optimize opportunities in informal sector
“Technology empowers us to become a global network. Telecoms are progressively becoming banks and banks are progressively becoming telecoms," Mbiire said.
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The service has helped the government deepen financial inclusion, increase the velocity of money, and reduce the number of people outside of the money economy.
By NewVision Reporter
Journalists @NewVision
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MTN chairman Charles Mbiire has charged banks to optimally explore the vast potential within Uganda’s informal sector, emphasising the critical role of the informal sector in driving Uganda's