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Pesapal, Housing Finance partner to advance digital payments

KAMPALA, UGANDA | THE INDEPENDENT | Pesapal Uganda has entered into a strategic partnership with Housing Finance Bank (HFB) to accelerate Uganda’s transition toward a cashless economy. As announced today (April 10), the collaboration will see the integration of Pesapal’s suite of payment solutions—including point-of-sale (POS) terminals and e-commerce platforms—into …

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BoU Deputy Governor pushes for increased insurance penetration

Kampala, Uganda | THE INDEPENDENT | Uganda’s Insurance Industry has been advised to focus on cheap and convenient means of payment for services to boost penetration. Dr Augustus Nuwagaba, the Deputy Governor of the Bank of Uganda, says all industries today are innovating in payments, primarily through digitisation, because the …

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Why Bujagali energy deserves no further tax waivers

JINJA, UGANDA | THE INDEPENDENT | The government’s proposal to grant Bujagali Energy Ltd another seven-year tax exemption has raised condemnation from the public and civil society as an uncalled-for move. They say the act would be a violation of the recently instituted tax incentives framework that is aimed at ensuring …

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Ecobank Uganda partners with Interswitch to boost digital banking and financial inclusion

KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda has entered into a strategic partnership with Interswitch Uganda to enhance digital banking services and promote financial inclusion across the country. The collaboration between Ecobank Uganda, a subsidiary of Pan-African banking giant Ecobank Transnational Incorporated, and Interswitch Uganda, a leading financial technology …

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