To own a bank account or a mobile money account?

By Taddewo Senyonyi  According to Bank of  Uganda (BoU)’s 2012 Annual Supervision Report, annual bank deposits have grown over the last three years though at a sluggish rate, an indication that more Ugandans are slowly taking on banking. Last year, bank deposits grew by 17.5% to Ushs 10.5trillion up from Ushs 8.9trillion in 2011. In 2010, bank deposits grew by 42.5% to Ushs 8.02% up from 5