East Africa’s banking industry is entering a new phase. For years, the defining measure of ambition was expansion: opening branches, entering new markets, acquiring customers and building regional footprints. Now, as banking becomes more technology-intensive and the cost of competing…
Reaffirming that ”Uganda is home,” MTN Uganda has assured customers and the public of it’s unwavering long term commitment to the country following speculation that arose after a network shutdown caused by power failure at one of its data centres.…
Every weekday morning, long before the first school bell rings, thousands of students across Kampala begin a journey that is as much a part of their education as the lessons awaiting them in class. They leave home before sunrise carrying…
The Bank of Uganda (BoU) has today officially launched its E-Supervision (SupTech) Project, a landmark initiative set to modernise and transform the supervision of the country’s financial sector. This new regulatory technology (RegTech) system, unveiled by the Central Bank Governor,…
Stanbic Bank is revolutionising the way Ugandans make payments with its innovative FlexiPay solution. To celebrate the convenience and benefits of FlexiPay, the bank has launched a campaign dubbed ‘Flexipay Cashback Xplosion’, which offers instant cashbacks on every purchase made…
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…
MTN Uganda is not just a technology company; we are building the infrastructure for Uganda’s digital future while ensuring our business contributes meaningfully to communities and the environment MTN Uganda has reported a remarkable 30.1% surge in profit after tax,…
Following his recent confirmation as the Governor of the Bank of Uganda, Dr. Michael Atingi-Ego steps into one of the most influential economic roles in the country at a time when Uganda’s monetary policy is under heightened scrutiny. His appointment…
As part of its commitment to leading digital solutions for Uganda’s progress, MTN Group Fincommerce, a subsidiary of MTN Fintech Group in partnership with MTN MoMo Uganda and collaborating with Mastercard, has officially launched its new e-commerce platform, Market by…
MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The telecom company’s voice revenues rose by 15.1% to…
Ecobank, the pan-African financial services Group, officially opens call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a…
Only one Kenyan fintech startup has made it through into the second cohort of Visa’s Africa Fintech Accelerator program. Out of the possible 20 only CheckUps Medical Hub, an Embedded health Kenyan startup, made it to the shortlist. Tanzania got two representatives…
MTN Uganda has its financial performance report for the first quarter ended 31 March 2024, indicating growth across all segments of the business. According to the report, despite MTN Uganda operating in a difficult business environment characterised by a struggling…
The Fintech Association of Kenya has announced the appointment of Joseph Githaiga, an accomplished corporate lawyer and regulatory compliance expert, to its Advisory Board effective May 1, 2024. Joseph Githaiga brings to the board a profound expertise shaped by his…
Diamond Trust Bank Uganda has released its annual performance results for 2023 reporting a steady double-digit growth across all major metrics such as deposits, customer lending and income, as well as net profit and total assets. The bank reported that…