While some Financial Technology Companies (FinTechs) are still struggling with the LevelOneProject principle of Same Day Settlement, Beyonic/MFS Africa has redefined this standard by moving a step further to effect all its outstanding payments within minutes. This, according to Doreen Lukandwa, the Beyonic/MFS AfricaVice President, Global Enterprises, seeks to ensure that they use their digital […]
By Sandra Mwesig Pocket money in form of cash in school is set to become history, following a new innovation that seeks to have it stored in electronic wallets. Dubbed Pebuu School Product, the innovation by Pebuu Limited, a Financial Technology Company (FinTech) enables students, parents or guardians to deposit pocket money in electronic wallets […]
Xente Tech Limited, a Financial Technology (FinTech) company that offers corporate Visa cards and payment solutions to businesses is increasingly gaining momentum in Uganda, especially among the women, owing to its ability to help business owners and their teams, manage expenses. According to the Xente Tech chief executive officer Allan Rwakatungu, the Financial Technology Company (FinTech) […]
When Uganda’s biggest electricity vendor Umeme shifted its metering system from post-paid to pre-paid, not many Ugandans were prepared for this. Thus, many have on several occasions found themselves run out of Yaka units in weird hours of the night when their mobile money accounts are at zero balance and the cash in their pockets […]
Prof. Maggie Kigozi; a Ugandan Business Champion, Investment Promotion Expert, Entrepreneur, Farmer, Feminist, Chairperson of the Africa Scout Foundation and Senior Consultant at the United Nations Industrial Development Organization (UNIDO) has today asked young developers to work on their confidence and also respect humble beginnings. “Confidence is key for business success and for us women, […]
While the COVID-19 crisis has taught people the importance of digital technologies in all aspects of life, its importance has been greatly felt in the financial space. An increasing number of transactions are progressively going online as social distancing and the lockdown proved that it isonly technology that can be harnessed to keep things moving, […]
While some people and businesses in Uganda would be willing to pay taxes, the cumbersome procedures make it difficult for many to comply. This explains why the Uganda Revenue Authority, the body charged with collecting taxes on behalf of the government, is still failing to increase the country’s taxable base, despite there being a big […]
If there is anything that the corona virus crisis has taught business people in Uganda and world over, it is the power of technology in providing goods and services. With the lockdowns that cut across nations as countries implemented measures to curb the spread of the dreaded virus, the only businesses that managed to generate […]
Merchandise Uganda, an e-commerce platform that connects sellers to buyers is increasingly gaining prominence in Uganda, owing to its ability to connect businesses to market across the globe easily. Established in March 2019, the platform allows merchants to open mini-showrooms through which they market their products to potential buyers by posting product photos and adverts, […]
Digital agriculture is increasingly gaining prominence across the world. It is predicted that by 2021, the digital agriculture market, including value of software, algorithm, platforms and links between farming and technology hardware, would triple to $15 billion. To tap into this growing market so as to transform agriculture through enhanced production and productivity, Hamwe East […]
