Comment: Ugandan banking takes off

A recent IMF working paper documents the vast improvements in the Ugandan banking sector in recent years, arguing that the extension of the central bank's regulatory capacity and the withdrawal of state control have resulted in efficiency gains.

COMMENT BY CENTRALBANKNEWS

However, the governor of the Bank of Uganda (BoU), Emmanuel Mutebile, who was re-appointed for another five year term last week, will know that more work lies ahead.

Compared to neighbouring countries with similar levels of

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