One of the biggest business challenges is accountability. For instance, it is almost impossible for any organization to determine how much airtime or fuel was used by field staff in a given month. This is because the field staff usually pay out of pocket and claim the money later without proper proof. But this is […]
Away from its negative consequences, the COVID-19 pandemic was an eye-opener to individuals and businesses. It brought the role and overall importance of digital financial services (DFS) at the forefront.Further, the pandemic opened opportunities for Financial Technology companies (FinTechs) to come up with innovative solutions that have since transformed the way people make and receive […]
For those that have attended events in Uganda, you are familiar with the hustle and bustle involved in buying entry tickets. This includes long queues, higher prices than originally advertised and fraudsters selling fake tickets among other issues.But all this will soon be history; if event organizers and revelers can incorporate technology in the ticketing […]
Majority of Ugandans are just one medical emergency and hospital admission away from financial ruin and untold disaster. This is because accessing quality healthcare is very expensive and a preserve of a few.Even though the government, with support from development partners, has invested massively in healthcare, the cost of medication remains very high for the […]
Have you ever been with an account that has money but are unable to access it? Put differently, has someone ever called you with an emergency that needs money? You may even have the money but are unable to send it to this person because of the absence of a transfer system? A few years […]
Kampala: Day four of the ongoing Women in FinTech Hackathon was a huge success as participants learnt about Product Management, Prototyping, and the Digital Financial Services Providers (DFSPs) ecosystem. The day’s mentor, Primera Muthoni; an ICT Product Development Expert and a senior mentor with Girls for Girls, Uganda Program urged the participants to pay utmost […]
Kampala: Day Three of the #WomenInFinTech #LevelOneProject Hackathon has successfully ended with discussions focusing on why young innovators must draw proper business cases and plans if they are to effectively manage their projects. Day three training was led by Catherine Namara; a telecommunications engineer, project management expert, an alumna of the G4G (Girls4Girls) STEM and […]
The high operating costs shouldered by financial services providers have always been blamed for the high interest rates that businesses and people who want to borrow have to bear. This has played a great deal in keeping many potential borrowers away, yet they would need the credit to advance themselves financially. Even Saccos and Microfinance […]
The low transaction costs, innovative products and a wide network coverage that makes its products and services easily accessible to everyone, irrespective of location, has made Airtel Mobile Commerce Uganda Limited “a bank” for people who were previously unbanked. This is according to the Airtel Uganda Chief Commercial Officer, Amit Kapur. Amit Kapur says that […]
Smallholder farmers have for long been exploited and cheated at various stages of the agricultural production; be it buying inputs, where they have been sold counterfeits, or selling their produce, where they have been exploited by middlemen who offer them very low prices. This has played a great deal in keeping them in abject poverty. Observing this […]
