While businesses are grappling with various challenges as they seek to thrive in today’s competitive environment, it is not easy to come across a firm that offers a range of solutions, to almost all challenges, under the same roof. However, Trade Lance, an Information and Communications Technology (ICT) firm, has curved itself a slot in […]
The outbreak of the COVID-19 pandemic and the resultant lockdown has seen the collapse of a number of micro enterprises, for failure to adapt to electronic commerce. One of the biggest bottlenecks realize by these businesses is lack of digital skills among their proprietors, yet they have now become as important as financial management skills […]
Missing out on your favourite concert, sports game or comedy show because of the long distance to the ticketing point continues to be demystified , thanks to Ticteq, an online ticketing system that bridges the gap. The solution, which brings together event organisers and revelers on a single online platform, continues to offer convenience to […]
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 […]
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 […]
The COVID-19 pandemic and its unprecedented effects notwithstanding, Financial Technology stakeholders have had a lot of positives in 2020. These included world leaders earnestly pleading with their populations to adopt digital financial services (DFS) and other electronic services as means of curbing the further spread of the dreaded novel corona virus. In Uganda, the uptake […]
Damali Ssali; a Ugandan Chartered Accountant, Financial Inclusion Advocate, Business and Trade Development Expert has today urged start-ups to prioritize both proper financial management and quality products development because both are critical to the success of any business. Damali Ssali made these remarks while delivering a mentorship session themed Business Financing and Financial Management at […]
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 […]
