Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers’ Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.
Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But…
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