Microfinance body protests merger
A section of MPs agreed that it would be wiser to retain UMRA as an independent body, arguing that rationalisation would undo the gains that the Tier 4 MFIs and Moneylenders Act 2016 which established UMRA achieved.
PREMIUM News
Uganda Microfinance Regulatory Authority (UMRA) Executive Director Edith Tusuubira. (Courtesy photo)
By NewVision Reporter
Journalists @NewVision
The Uganda Microfinance Regulatory Authority (UMRA), has protested the move by government to move it into the Ministry of Finance saying that its objectives and functions will not