A few days I heard that banks were registering reduced deposit base. This position was given more light by someone who told me that a number of people are slowly leaving bank dealings. I was told of a situation when someone got a deposit of shs 20 m on his account and the account was frozen. Some lady briefly left her bag with a friend, the friend only learnt that the bag had thousands of millions after the owner came back and told her that she was not entrusting the banks with her money anymore given the funny bureaucracy within the banks.
The developments where funds flow is interfered with under the guise of security is one reason why banks are likely to get reduced deposits. Uganda Government has to be very careful with the policies that are being implemented; serious people are slowly but steadily going to give in as regards doing business in Uganda. The cases of tapping our phones, the games being played with our emails and monitoring what is being sent and received not forgetting making modems fail to work when a certain email account is being accessed.