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Letshego partners with Turaco Insurance Brokers

  Kampala, Uganda | THE INDEPENDENT | Letshego Uganda has partnered with Africa’s insurtech Turaco Insurance Brokers Ltd to provide affordable health insurance coverage to Letshego customers. The partnership aims to help mitigate health-related financial risks in line with Letshego’s mission of empowering the underbanked and driving financial inclusion in …

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Equity Bank enhances financial services provision by joining FITSPA

  Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has announced its official platinum membership with the Financial Technology Service Providers Association (FITSPA), further cementing its dedication to providing inclusive financial services, it said on July 25. FITSPA, an independent and non-profit membership-based organisation is devoted to supporting Uganda’s …

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Vantage Capital ventures invests US$25million in Aquasantec International

The regional firm’s core product range includes various sizes and types of water storage and supply products including water tanks, underground tanks, drums and pipes Kampala, Uganda | THE INDEPENDENT | Africa’s largest mezzanine debt fund manager, Vantage Capital, has made a substantial investment into Aquasantec International, a manufacturer and distributor …

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dfcu’s new insurance campaign

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched a new campaign targeting individuals in the insurance sector. Robert Muhiire who is dfcu Bank’s Principal Officer Bancassurance said the campaign is dubbed ‘Cover with Us’ and will provide a variety of insurance solutions to the Bank’s customers, which can be …

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Absa unveils mobile payement solution for SMEs

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small businesses to accept card-based …

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Government pumps Shs4.8tn into the economy

PSST Ramathan Ggoobi wants timely execution of government programmes   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Ministry of Finance Planning and Economic Development on July.18 released funds for the first quarter of FY2023/24 totalling Shs 4.8 trillion to meet the government expenditures. This represents 9% of the Shs 52.7 trillion …

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