Financial Inclusion
Media often tout fintech as answer to Africa’s problems, overlooking its downsides
African headlines often praise fintech as solving the continent's economic problems, but some political economists and social theorists challenge this narrative
Remarks by BoU DG Atingi-Ego at second National Financial Inclusion Strategy launch
NFIS II aims to tackle financial exclusion and barriers to access, empower consumers through protection and education, and increase the use of affordable financial products
PostBank’s mobile wallet worthy addition to financial inclusion arsenal, says BoU deputy governor
Central Bank deputy governor advised PostBank to ensure that its Wendi platform is efficient, reliable, user-friendly, and secure to protect user data
A mindset change is best route to broader and resilient growth
The Uganda government must encourage citizens to participate in the national development agenda. It must start by viewing citizens as agents of economic growth and development, not a burden to the government
Mobile money dominates formal sector financial inclusion, limitations and all
Financial inclusion is low in Uganda because banks find it costly and unprofitable to extend services to rural areas. But even in urban areas, their services are expensive. Mobile money is the only financial service that has bucked those trends
This is how MoKash is faring one year on
One year ago, MTN Uganda launched MoKash, a service that allows customers to get micro-loans and save using their phones