This system allows stakeholders real-time access to critical information, enabling them to make informed decisions about transactions and creditworthiness Kampala, Uganda | JULIUS BUSINGE | Uganda’s Savings and Credit Cooperative Societies (SACCOs) are grappling with a rising default rate, currently at 10%, which surpasses the industry cap of 5%. However, this …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni warned public officials against taxing innovations, saying that culprits will be dealt with, according to the law. According to the President, there’s no logic in taxing innovations when Uganda even gives tax holidays to products which are not a result of …
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Kampala, Uganda | THE INDEPENDENT | Thomas Tayebwa, the Deputy Speaker of Parliament has asked students in higher institutions of learning to prioritize innovations that will facilitate the creation of jobs Tayebwa was on Friday speaking at the two-day Youth and Innovation Expo 2023, under the theme“Fostering Innovation for Uganda’s Transformational …
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MasterCard Foundation, NSSF 2028 Target: To create 500 startups and up to 132,000 jobs ✳ Support 500 startups ✳ 100 startups to scale ✳ Create132,000 jobs ✳ 132,000 new NSSF members ✳ Use $10million ($5m Mastercard Foundation + $5m NSSF) ▶ In the past 14 months ✳ 8,039 entrepreneurs …
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Mbarara, Uganda | THE INDEPENDENT | Scientists and researchers are calling for increased funding for research and innovation. The researchers attending the Greater Ankole Symposium in Mbarara city argue that they need financial boost to be able to facilitate the incubation processes of their innovations and achieve commercial value out of them. …
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Kampala, Uganda | Julius Businge | Standard Chartered Bank Uganda in partnership with the Inclusion Works Consortium has rewarded finalists of the ‘Innovation Challenge for Youth with Disabilities’ with US$5,000 (approx.Shs18m) to help them realize their entrepreneurial aspirations, it said on Apr.20. This ‘innovation challenge’ is part of the Bank’s Diversity …
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Kampala, Uganda | IAN KATUSIIME | After a tough day of pitching ideas, four winning innovators walked away with UGX77m each from UNICEF to boost their capacity to provide solutions to socio-economic challenges affecting children mainly. The winning teams are SeatPack, Safe Water Harvester, KAINO Africa and Fine Reed innovates. They will also …
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Kampala, Uganda | THE INDEPENDENT | Forty five Ugandan start-ups will each get a budget boost of over sh140million to enable them refine and complete their innovations. The 45 were picked by the selectors – The National ICT Initiatives Support Program (NIISP) – as having the best chance of hitting …
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Kampala, Uganda | THE INDEPENDENT | Chancellor Muteesa I Royal University Justice Julia Ssebutinde has called for a review of the the institututions programs to give special focus to agricultural innovations and improvement. Justice Ssebutinde says that university education should evolve to prepare students that can invent unique and appropriate solutions …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Information, Communication and Technology (ICT) has signed a memorandum of understanding with global technology firm, Microsoft for supporting innovations in Uganda. The MOU was signed at ICT Ministry office on morning. The Permanent Secretary in the Ministry of ICT Vincent Bagiire signed …
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