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Housing Finance Bank unveils women financing solution

Kampala, Uganda | THE INDEPENDENT |  Housing Finance Bank has advanced its goal of empowering women with the launch of the ‘HFB Woman’, financing solution in partnership with the Uganda Women Entrepreneurs Association Limited (UWEAL). This solution aims to support women entrepreneurs across Uganda by providing access to affordable loans …

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STANBIC PMI: Businesses did well in September

Kampala, Uganda | THE INDEPENDENT | Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to 54.2 compared to the 56.3 posted in August. The threshold for a positive business outlook …

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Why mobile payment is booming in Africa

NAIROBI, KENYA | Xinhua | On the bustling streets of Nairobi, the green glow of the M-Pesa (a mobile money platform) logo is inescapable, from high-end hotels to street vendors. In some tourist hotspots, signs declaring “No Cash” highlight a striking shift: over 90 percent of adults in the East …

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