Forty-three percent of Ugandans save and invest with Savings Groups, says Bank of Uganda Governor
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While launching the National Financial Inclusion Strategy Structure in Kampala last week, the Bank of Uganda said that 80% of adult Ugandans do not have a bank account. “Fifty-two percent use non-bank formal institutions like mobile money, 43% save and invest with informal savings groups and 51% save at home,” said BoU Governor Emmanuel Mutebile.