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What banks should demand from cash in transit companies

COMMENT | Samson Tinka | Cash in transit, commonly known as CIT, is a service offered by major private security companies (PSOs) in Uganda. This service involves security companies entering into commercial long or short agreements with either banks and other big trading companies that may need to move money from …

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Uganda’ energy transition path

Balancing opportunities for sustainable development with challenges of governance, corruption, inconsistent policies, resource limitations COMMENT | CHRISTOPHER BURKE | Uganda, similar to many Sub-Saharan African countries, faces significant challenges in energy policy development due to economic, environmental and political factors. While Uganda has made progress in energy development, a substantial portion …

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Military rule is on the rise in Africa

Nothing good came from it in the past but today they still promise to make Africa into a `soldier’s paradise’ COMMENT | SAMUEL FURY CHILDS DALY | In the last few years, there has been a spate of military coups in Mali, Niger, Burkina Faso, Sudan and Guinea. Military rule, long …

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Unlocking SACOO Momentum Key to Universal Financial Conclusion: A case of PostBank’s wendi mobile wallet

OPINION | Brenda Mpoora | Kaka Mbabazi feels more in control of her life these days. She turned 73 at the beginning of this year and has never owned a bank account. Until June this year, when her granddaughter Patience signed her onto PostBank’s Wendi mobile platform in addition to registering …

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