Kampala, Uganda | NEWS CORRESPONDENT | As the government intensifies implementation of its ATMS agenda – Agriculture, Tourism, Minerals and Science & Technology – with a strong emphasis on commercialising agriculture, Pearl Bank is increasingly emerging as one of the financial institutions helping translate that vision into reality. Agriculture …
Read More »Musasizi’s first budget, oil revenues and leap to middle income
Kampala, Uganda | URN | Henry Musasizi delivered his first budget speech as Minister of Finance, Planning, and Economic Development on Thursday. The 84.4 trillion shilling 2026/2027 budget is aimed at implementing the government’s Tenfold Growth Strategy, aimed at growing to 500 billion dollars by 2040 from 53 billion in …
Read More »How recycler ATM’s make life easier for customers
Recycler ATMs have reduced dependency on bank staff, allowing you to handle your transactions quickly and efficiently, which can be a significant time-saver Kampala, Uganda | THE INDEPENDENT | It is a late Friday night, dark and lonely. You pace around, soliciting a cash bailout from your friends and anyone else, …
Read More »Ugandan ambassadors urged to focus on Vision 2040
Gen. Odongo emphasizes need for foreign service to contribute to Uganda’s development aspirations Jinja, Uganda | THE INDEPENDENT | Ugandan Ambassadors and Heads of Missions abroad have been urged to align the Ministry’s work with Uganda’s National Development framework, including Vision 2040 and the Third National Development Plan. Gen. Odongo …
Read More »Why banks are dumping ATMs in South Africa
Maintaining and servicing ATMs in remote or low-traffic areas is becoming less cost-effective for banks ANALYSIS | AGENCIES | Absa, Standard Bank, and FNB have been closing ATMs over the last five years, while Capitec has significantly increased its ATM footprint. Banks in South Africa are closing ATMs due to a …
Read More »Payment platform goes regional, 650 ATMs now on Interswitch
Kampala, Uganda | THE INDEPENDENT | At least 23 financial institutions in Uganda now have their Automated Teller Machines (ATMs) and points of sale connected by Interswitch, an integrated payments and transaction processing company. This means that account holders at the various banks and other financial institutions can now access …
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