London, UK | THE INDEPENDENT | The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a media statement. Since 2015, the UK Government has invested Shs85billion (£17m) …
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Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …
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Looming project will promote financial inclusion and economic prosperity Kampala, Uganda | JULIUS BUSINGE | Financial institutions are carrying out a study to inform potential investors about the viability of doing business in refugee settlement areas and host communities. Equity Bank, Financial Sector Deepening Africa, Financial Sector Deepening Uganda and …
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Kampala, Uganda | Julius Businge | Financial Sector Deepening Uganda (FSDU) has welcomed £15million (approx.Shs72bn at current exchange rate) commitment from UK aid to initiate new phase of financial sector development, a notice shared by Rashmi Pillai on Jan.23 reads in part. Pillai is the executive director for FSD –Uganda. The amount …
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INSURANCE AND MOBILE PHONES: Policymakers across the region need to implement policies and practices that stimulate growth Kampala, Uganda | ISAAC KHISA | The Sub-Saharan African region is set to be the hotbed for mobile phone services as the young population owns more devices in the next six years. …
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Kampala, Uganda | Julius Businge | Financial inclusion statistics count most when they reflect the unlocking of economic potential through harnessing natural resources, most especially through job creation; thereby reducing poverty and fostering prosperity for all. Those were some of the words that Governor of Bank of Uganda Emmanuel Tumusiime Mutebile …
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Kampala, Uganda | THE INDEPENDENT | Finance experts have said that having people financially included must come with their ability to manage shocks, invest, and have better health. Financial inclusion refers to products or services that are either financial or non-financial made accessible to poor populations to aid their financial …
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Kampala, Uganda | JULIUS BUSINGE | Rashmi Pillai is the programs director at Financial Sector Deepening Uganda (FSDU). She spoke to The Independent’s Julius Businge about the recently held Financial Inclusion Week and related sector issues. What was the financial inclusion week about? The Financial Inclusion Week begun as a concept …
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Closing the financial inclusion gap will require government, private sector and development partners. Kampala, Uganda | JULIUS BUSINGE | How can women and youth population participate in the country’s formal economic activities? This is what formed part of the discussion at a breakfast meeting organised by Financial Sector Deepening Uganda (FSDU) …
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Kampala, Uganda | JULIUS BUSINGE | Liquid Telecom in partnership with Financial Sector Deepening Uganda will Thursday Nov.30 launch Data Hack4FI competition at an innovations hub – Innovation Village. Liquid telecom will showcase its products to the public at the hub located in Ntinda, a Kampala suburb. Officials from the two …
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