The assistant Executive Director of Alliance for Financial Inclusion, Norbert Mumba has stressed the need to embrace digital financial services to be pushed to all adult Ugandans, explaining that it will further help to reduce the number of adult people that are still unbanked in Uganda. Mumba stated this during
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Reverend David Mwinamo spent Sunday praying with his congregation for a speedy end to Kenya’s protracted presidential election that’s cast the East African nation into crisis, reports Bloomberg. Two votes since August have failed to produce consensus on who should lead the East African economic powerhouse of about 47 million
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KCB Group, Kenya’s largest bank by assets, has secured a $100 million (about Shs364.9 billion) loan from the African Development Bank (AfDB) for onward lending to Small and Medium Sized Enterprises (SMEs) in the region. The AfDB board approved the long term funding on Wednesday. “The funding is aimed at
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The Uganda National Bureau of Standards (UNBS) has called upon urban authorities to adopt international standards on smart cities to provide quality life to their citizens. Speaking at the World Standards Day Celebrations held at Kampala City Authority (KCCA) Mayor’s Grounds on Friday, the UNBS Executive Director, Dr. Ben Manyindo
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At least 30 Suzuki drivers have been equipped with defensive driving skills courtesy of the Copper Motor Corporation (CMC) Uganda Limited. The trainees were from the Belgian Development Agency and G4S Security Company among other companies. CMC Chief Trainer, Aloysious Kawooya says CMC found it imperative to skill their clients/drivers
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German investment interest in Uganda is increasing every passing year. This was revealed by Richard Tebandeke, the Director Finance and Administration at Uganda Investment Authority (UIA) during a recent meeting with the 12 man German business delegation led by the German African Business Association. Tebandeke met them on behalf of
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MTN Uganda has shortlisted 45 nominees for the next phase of the MTN Innovation Awards 2017. The 45 nominees were selected from an overwhelming number of entries, more than the entries received in the inaugural MTN Innovation Awards in 2015. There were at least seven (9) categories to pick from.
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The Uganda shilling drifted in narrow range after hitting a near two year low as a result of the Central Bank intervention that was triggered by demand pressures during the week ending 27th October 2017. Trading was in the range of 3655/3665 during. Market players remained square to long, taking a
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Uganda's largest bank, Stanbic Bank has partnered with leading Ugandan property developers to host a housing development forum aimed at forming partnerships to create more affordable housing options for Ugandans and enhancing knowledge awareness about home loans and mortgages. Held under the theme “Stanbic Banks role in supporting the housing
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A group of 35 people over the age of 65 years from different parts of Uganda have petitioned the Equal Opportunities Commission (EOC) over discrimination in the Social Assistance Grants for Empowerment (SAGE) Program, which provides support to older persons. The group, represented by the Initiative for Social and Economic
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