Tag Financial Sector

Pegasus Technologies becomes the first local fintech to get BoU license for mobile payments

Pegasus Technologies Limited, a locally founded Ugandan company, is now the fifth company to receive a license from the Bank of Uganda (BOU) to operate as a Payment Service Operator (PSO), having fulfilled the rigorous requirements of the National Payments…

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Salary Secrets Of Top NSSF Bosses Leak: How Senior Managers Swim In Billions Of Taxpayers’ Money

Whereas several Ugandans are struggling to access their savings with the National Social Security Fund (NSSF), the managers of the Fund are literally swimming in billions of cash. Credible sources within this government entity have revealed to this website that…

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MTN to list on Uganda’s Stock Exchange, Calls Upon Investors To Buy Shares

PHOTO: Michael Atingi-Ego the Deputy Governor BOU, Wim Vanhelleputte the MTN Uganda CEO, Anne Jjuuko the Stanbic Bank Uganda CEO, Godfrey Baluku Kabyangga the State Minister for National Guidance, Irene Ssewankambo, the Executive Director UCC and Andrew Bugembe, the MTN…

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USE and MTN Mobile Money partner to Digitize SCD Account Opening in a move to further Financial Inclusion of Ugandans

Uganda Securities Exchange’s (USE) Securities Central Depository (SCD) and MTN Mobile Money have today unveiled a digital SCD account opening platform to further efforts towards financially including all Ugandans. A Securities Central Depository commonly referred to as an SCD account…

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Prudential Uganda completes the transfer of IAA Health Insurance business.

Prudential Assurance Uganda Limited (Prudential Uganda) has successfully transferred the policy holders, staff and agents of International Air Ambulance Healthcare (IAA Healthcare) to its business. This follows a comprehensive transfer process that was presided by the insurance industry’s supervisory body,…

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