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From ledgers to wallets: Dr Grace Ndyareeba on Uganda's fintech evolution
Our former Chairman traces how regulation, innovation and industry self-organisation built a licensed payments sector.
"Sound regulation is what allows an industry to earn the public trust it needs to grow." That is the argument at the centre of a new piece by Dr Grace Ndyareeba, PSPA's former Chairman and CEO of MicroPay (U) Ltd.
An unregulated frontier
The article traces Uganda's fintech sector from an unregulated frontier to a structured, licensed ecosystem that now reaches nearly every Ugandan household.
Two sides of the table
Dr Ndyareeba spent more than 30 years at the Bank of Uganda before moving to the industry side. MicroPay was the third company licensed under the National Payment Systems Act. He writes about how regulation, innovation and the industry organising itself have together driven financial inclusion.
Read the full article at postdator.com
