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
Read MoreKCB 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
Read MoreMTN 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.
Read MoreUganda'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
Read MoreA 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
Read MoreU.S. Ambassador to the United Nations Nikki Haley issued a stern warning Wednesday to South Sudan's president, telling him "the hate and the violence that we are seeing has to stop" or the U.S. will reconsider its financial support for the country. "It was a very honest conversation. I basically
Read MoreAll government accounting officers must ensure they pay wages, salaries, pension and gratuity by the 28th day of the month. This is the order of the finance ministry Permanent Secretary and Secretary to the Treasury (PSST), Keith Muhakanizi, because the government is delivering on its role of timely release of
Read MoreUganda's military and police have spoken out on rumors that the home of the country's Inspector General of Police (IGP) General Kale Kayihura has been besieged by military police. Army spokesperson, Brigadier Richard Karemire and his police counterpart, Asan Kasingye have dismissed the reports urging the public to ignore them.
Read MoreKenya's Chief Justice David Maraga made history when, along with three of his colleagues, he annulled the August presidential election. He later said he was "prepared to pay the ultimate price" to protect the rule of law, criticising attempts to "intimidate the judiciary" from protesters who were unhappy with the Supreme Court
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