Financial Inclusion

UCC-funded e-booster program moves to bring financial inclusion through digitisation of SACCOS amongst Uganda’s underserved fishing communities

by Muhereza KyamuteteraCompany NewsNews & AnalysisJuly 13, 2024July 13, 2024

A Uganda Communications Commission (UCC) funded project dubbed the e-booster Program has begun to bear fruit.   The project, which is under the Uganda Communications Universal Service and Access Fund (UCUSAF)…

PostBank’s Wendi hits UGX200 bn in payments to over 200,000 PDM beneficiaries

by CEO East Africa MagazineCompany NewsFintechsThe Big StoryFebruary 24, 2024February 24, 2024

In just four months after its launch, PostBank Uganda’s digital wallet, Wendi has hit a record UGX200 billion in payments to over 200,000 Parish Development Model (PDM) beneficiaries countrywide.  According…

PostBank Launches Financial Literacy Training for Parish Development Model SACCOs in Kayunga

by Muhereza KyamuteteraCompany NewsNews & AnalysisMarch 25, 2023March 25, 2023

PostBank Uganda (PBU) has launched a countrywide financial literacy and business development training program to promote financial inclusion and drive economic growth in Uganda.  The program targets at least 9…

PUTTING WOMEN’S FINANCIAL INCLUSION FIRST: Finance Trust Bank’s 2021 net profit grows 57 per cent

by Muhereza KyamuteteraCompany NewsThe Big StoryWomen Fixing UgandaWomen In LeadershipApril 27, 2022April 28, 2022

Finance Trust Bank, has today released its 2021 financial performance results, reporting yet another year of strong growth. According to the results, the bank, despite a challenging 2021, registered double-digit…

Q&A: PostBank’s mission to be the most financially inclusive financial services provider for agriculture and MSMEs is on course and unstoppable

by Muhereza KyamuteteraCompany NewsFinanceThe Big StoryAugust 30, 2021August 30, 2021

PostBank in 2020 posted a better-than-expected performance, especially considering the impact of the pandemic on the economy. We have now crossed the first half of 2021, into the second half—…

Q&A: One year as Managing Director at Post Bank Uganda, what has Julius Kakeeto been up to?

by Muhereza KyamuteteraFinanceThe Big StoryOctober 1, 2020October 1, 2020

What is the current state of business at Post Bank? Postbank Uganda (PBU) is a socially-oriented bank fully owned by the Government of Uganda.   PBU was incorporated under the companies…

Q&A: 2 years, 7,600 agents and over UGX2.5 trillion transacted, agent banking is unstoppable; it is the future of banking

by Alphred Rhyman AgabaCompany NewsThe Big StoryJuly 29, 2020July 29, 2020

First of all, tell us about the Agent Banking Company of Uganda Limited- who owns it and how is it run? Agent Banking Company of Uganda Limited (ABC) was incorporated…

How Stone Atwine and his Eversend digital bank, plan to replace traditionally conservative and largely inefficient brick and mortar banks

by Muhereza KyamuteteraFinanceICTThe Big StoryMarch 10, 2020March 11, 2020

Who is Stone Atwine? A guy who asks “why?” Haha, my friends have described me like this many times. I’ve been around for some time. I’ve worked in financial technology…

Uganda Bankers Association and Fintechs association to collaborate on digital financial services product development

by Muhereza KyamuteteraFinanceICTMarch 9, 2020March 10, 2020

The Uganda Bankers Association (UBA) and Financial Technology Service Providers Association (FITSPA) have signed a strategic collaboration agreement aimed at promoting innovation, knowledge sharing and professional practices in the development…