The COVID-19 pandemic has given rise to a new kind of African consumer who is already displaying changes in consumption and purchase behaviour driven by heightened health awareness, a focus…
In order to serve the unbanked Ugandan population during COVID-19 and beyond, Centenary Bank has launched a paperless bank account opening service dubbed CenteXpress savings account. The launch according to…
Telecommunications giants MTN Uganda and Airtel Uganda have re-introduced a 50% discount on money transfer charges effective today 26th may 2020. For instance, an MTN Mobile Money customer can now…
By Sydney Asubo With people facing confinement or strict social distancing measures, in-person banking and access to other financial services being difficult, and unnecessarily exposes people to the risk of…
62.3 percent of Ugandan business are considering or have already started cutting jobs as a result of Covid-19, a trend that could render up to 100,000 Ugandans jobless in the…
Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…
By Cathy Smith, Managing Director at SAP Africa. It is becoming clear that most – if not all – of our major social, economic and political decisions over the next…
To provide the much-needed information and solutions for Ugandan entrepreneurs struggling with the financial consequences of the pandemic, Stanbic Bank Uganda has partnered with ConsumerCentriX to launch the Covid-19 Business Info…
Government of Uganda on May 18th turned 32 foreign truck drivers who tested positive for Covid-19 back to their respective countries. This followed the testing of 1,743 samples of truck…
The Uganda government has moved to ease down on a number of travel and business-opening restrictions, but President Museveni insists all these moves are dependent on the availability of government…