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Uganda’s Agent Banking Surges | Uganda News

Uganda’s agent banking exploded in value, hitting 41.3 trillion shillings — a 65.2% surge — as more people turned to local agents for cash deposits and withdrawals, proving vital for financial inclusion in rural and underserved areas. Meanwhile, the economy showed mixed signs: stocks rose 4%, investment climbed 1.4%, but manufacturers braced for higher electricity costs. Food prices dipped slightly, easing household strain, yet Kampala’s air quality worsened due to dry weather. On the positive side, malaria deaths plummeted 43%, while travel restrictions from Middle Eastern nations eased…

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