I don’t want to get too drawn into the merits of his humorous remark, or whether it applies to banking conferences as well, but I will say that there are compelling reasons why this conference is, indeed, an important event. One reason is that it provides a good opportunity for dialogue between official and private sector leaders.
We are now nearing the end of the first major phase of Credit Reference Bureau operations in Uganda. Looking ahead, we hope to expand the scope of coverage of the Credit Reference Bureau to include credit providers which are not supervised financial institutions; for example utility companies, mobile phone companies and SACCOs.