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Starlink seek greater market share in Africa with “game-changing” router-free service

Starlink’s intention to offer a router-free service would be a “wake-up call” for Africa’s telecom giants, according to one analyst, and could trigger a pricing war across Africa’s telecom sector, forcing traditional giants to innovate or risk losing their market stronghold. SPECIAL REPORT | BIRD AGENCY | Billionaire Elon Musk’s …

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Kasaija assures depositors about money held in banks

Wakiso, Uganda | THE INDEPENDENT | Finance Minister, Matia Kasaija says depositors holding accounts with the different should rest assured that their money is insured against risks to the tune of 90%. The deposits are under the Deposit Protection Fund (DPF). Minister Kasaija was speaking at the Conference and Annual General …

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DTB signs the UN Principles for Responsible Banking

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank has taken a significant step toward advancing sustainability in the banking sector by signing the United Nations Principles of Responsible Banking. This is a single framework for a sustainable banking industry developed by collaborating with banks worldwide and the United Nations Environment …

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Equity Bank Uganda re-affirms commitment to GROW Project

Kampala, Uganda | THE INDEPENDENT |  Equity Bank Uganda, one of the partners of the GROW project which is being spearheaded by the ministry of gender and labour, World Bank and PSFU, have customised several of their services to suit ordinary women interested in loans. Women entrepreneurs will be able to …

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KCB screens green loans worth KShs. 615bn in 2023

Kampala, Uganda | THE INDEPENDENT | KCB Group screened loans worth KShs. 615 billion for environmental and social risks in 2023 as the Bank races to support projects with positive environmental impacts. This constitutes half of the Group’s loan book as of last year’s end, cementing KCB commitment to sustainable finance. …

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