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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.

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

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Tags:
Charles Mbiire
MTN chairman
Uganda’s informal sector
Economic growth