A new Bank of Uganda policy seeks to push businesses and individuals towards electronic payments, but the transition will test the country’s digital infrastructure and financial readiness Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s move to cap over-the-counter withdrawals marks a major shift in how businesses …
Read More »Crypto and fintechs eye Africa’s youth
Africa’s young users are drawing global fintech and crypto giants upstream, as platforms race to shape early financial habits through supervised savings tools and family-centric digital products. SPECIAL REPORT | BIRD AGENCY | Africa’s next generation is emerging as the new battleground for digital finance, as global crypto exchanges and …
Read More »How mobile money is rewiring the way Africa transacts, from the informal sector out
A recent report shows Africa alone accounted for 70% of global mobile money transactions, making it the undisputed global leader in mobile-led financial inclusion. SPECIAL REPORT | BIRD AGENCY | Africa is shifting from cash handling in business to digital finance—an upgrade in the quest for financial inclusion, with mobile …
Read More »Digital finance becomes lifeline during COVID-19 crisis: UN report
United Nations | XINHUA | A United Nations report launched Wednesday said that digital finance has become a lifeline during the crisis caused by the COVID-19 pandemic. “The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in providing …
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The Independent Uganda: You get the Truth we Pay the Price