Bank of Uganda maintains that innovations which are safe and cost-cutting in nature to the benefit of end-users must be the focus of financial sector players’ going forward. The Ministry of Information and Communications Technology also admits that enhancing regulations that will strengthen safety around financial inclusion is being prioritized. Moses Watasa, the Commissioner for Information, Dissemination, Monitoring & Inspection was speaking at the launch of the first-ever prepaid card in the country, by Exim Bank.
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