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Only 7% of Ugandans save money in banks as 17% keep cash at home – Report
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Tag: Banks in Uganda

 Only 7% of Ugandans save money in banks as 17% keep cash at home – Report
Willy Byarabaha November 5, 2024
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Only 7% of Ugandans save money in banks as 17% keep cash at home – Report

42 percent of Uganda’s population aged 16 and above save money using different mechanisms while 58 percent don’t save at all, the 2024 National Population & Housing Census report reveals. During the 2024 census, Uganda Bureau of Statistics (UBOS) asked Ugandans the type of saving mechanisms they used in the last 12 months preceding the […]

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