Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda is due to launch new measures to enhance the security of online and mobile transactions as the financial technology industry grows. The financial sector is enjoying much faster growth than in years prior to the last decade boosted by digital innovations, …

Kampala, Uganda | THE INDEPENDENT | The government has rolled out the digital transformation roadmap. The five-year roadmap was developed by the Ministry of ICT and National Guidance, with support from the United Nations Development Program-UNDP. It details Uganda’s journey towards a fully digital society, aligning with the nation’s Vision 2040. …

Kampala, Uganda | THE INDEPENDENT | Nathan Igeme Nabeta, the Jinja East Municipality Member of Parliament has asked the Speaker of Parliament to apply the rules of the House allowing debate of the Capital Markets Authority Amendment Bill without a certificate of financial implications. The government, through the Ministry of …

Kampala, Uganda | THE INDEPENDENT | Uganda Microfinance Regulatory Authority is drafting new guidelines to regulate digital lending. Digital money lenders are emerging as the latest innovation to small loans extended through online platforms or digitally but there have been concerns that they are not regulated. But the emergence of …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’ has unveiled a social initiative dubbed MTN Changemakers seeking to transform the lives of communities across Uganda. The initiative aims to support local individuals and organizations driven to make a profound impact on their communities. MTN Uganda CEO Sylvia Mulinge said the telecom …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has warned of strong penalties in new regulatory measures, against telecommunications and financial service companies that violate competition and pricing rules. In the draft Fair Competition law, the industry regulator says unfair competition practices are stifling the growth of the digital …

Kampala, Uganda | THE INDEPENDENT | Commercial Banks and the government have justified the digital integration in the cash management systems despite the negative effects, saying the benefits will in the long run outweigh the disadvantages. Banks have over the last few years closed traditional banking halls and some have closed …

Kampala, Uganda | THE INDEPENDENT | The International Crimes Division of the High Court in Kampala has ordered telecommunication giants MTN and Airtel Uganda to avail Yusuf  Nyanzi, a suspect implicated in three high profile Murder cases with the printouts of his phone number, allegedly used to commit the crimes. The …

Kampala, Uganda | PHILLIP CORRY | Peter Tumusiime spiced up the Henry Kamuntu Memorial Golf tournament on Saturday at the Uganda Golf Club by hitting an ace on Hole 11. “It’s a remarkable feat that I have achieved on this course the first time I have done it,” Tumusiime stated. …

Uganda improves on freedom, lags on prosperity COVER STORY | THE INDEPENDENT |Is freedom a precondition of prosperity? Do countries that become freer also become more prosperous? How are freedom and prosperity distributed around the world today? What has been the evolution of these measures in the past twenty-eight years and …