As Uganda’s digital economy expands at an unprecedented pace, the need for robust cybersecurity has become more than a technical concern; it’s a critical national priority. The rapid growth of fintech, mobile connectivity, and e-services, while transformative, has simultaneously widened…
Uganda’s booming tourism sector, a key driver of the economy and a leading foreign exchange earner, is set for a significant digital leap forward. This comes after MoMo by MTN Uganda and the Uganda Hotel Owners Association (UHOA) officially forged…
In a significant development for Uganda’s growing fintech landscape, the Bank of Uganda (BoU) has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay (U) Limited. This regulatory green light, following an…
MTN MoMo Uganda Limited today unveiled a landmark campaign, ‘The Power to Be More’, signalling a strategic evolution of its platform from a basic money transfer service into a comprehensive digital ecosystem. This initiative is set to redefine financial inclusion…
The Bank of Uganda (BoU), under the leadership of Governor Dr. Michael Atingi-Ego, early this week participated in the Treasurers and Insurance Roundtable held in Washington, D.C., USA a pivotal global convening that brought together leading practitioners from the humanitarian…
Uganda’s youth are rewriting the rules of work and now, with Yinvesta, they can rewrite the rules of money too. The hustle is real. Across Kampala and beyond, Uganda’s Gen Zs are redefining the workday. From content creators monetising their…
MTN Uganda, under the leadership of Sylvia Mulinge, the Chief Executive Officer (CEO), has announced plans to structurally separate its mobile money and financial technology business, MTN MoMo, from its core telecommunications operations. This move, according to the company’s Board…
In the ever-evolving world of fintech, few names shine brighter than Strive Masiyiwa, the Zimbabwean telecom mogul who has reshaped Africa’s digital financial landscape. But now, Uganda has its leader making waves in the industry: Richard Yego, the visionary Managing…
Key Financial Highlights Absa Bank Uganda has announced impressive financial results for the year ended December 31, 2024, with profit after tax surging by 22% to Sh178 billion, up from the previous year. The bank’s total revenue grew by 15% to Sh546…
The deployment of MTN Uganda’s SASE Business solution has significantly enhanced Post Bank’s operational efficiency, network reliability and security, as well as customer experience. By leveraging this advanced technology, Post Bank has optimized its connectivity across 2 of its branches,…
AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for…
In an era where personalized services and exclusivity are becoming the norm, Safaricom PLC has once again raised the bar with the launch of Emerald, a platform designed specifically for their most loyal and high-value customers. But this isn’t just…
Key findings Strong demand conditions drove growth in input buying, as firms stocked up amid anticipation of more upturns in activity later in the year, slightly lifting the monthly Stanbic Purchasing Managers’ Index (PMI). The headline Stanbic PMI rose to…
In a year defined by resilience and growth, Stanbic Uganda Holdings Limited has once again proven its leadership in Uganda’s banking sector. The company’s stellar 2024 financial results underscore its unwavering commitment to not only driving profitability but also contributing…
The conference represents a pivotal step in mobilizing the billions needed annually to support Africa’s smallholder farmers, who make up some 80% of the continent’s farming population but control less than 5% of agricultural land Leading global and African financial…