Kampala, Uganda | THE INDEPENDENT | Private sector players have charged government to implement policies that support recovery of businesses especially in the midst of the pandemic. The second wave of the COVID-19 pandemic in Uganda continues to threaten the economy as infection rates rise to 77,505 and reported deaths …
Read More »Airtel, Mastercard introduce Virtual Debit Card
Kampala, Uganda | Julius Businge | Technological advancements, innovations continue to emerge in the world economy to facilitate transactions and related services across sectors of life. On Jan.11, Airtel Uganda, in partnership with Mastercard introduced a virtual debit card offering to enable customers transact online globally. The virtual (non-plastic) card allows …
Read More »Mastercard announces new programme for fintechs
Kampala, Uganda | THE INDEPENDENT | JULIUS BUSINGE | Mastercard, a global technology company in the payments industry, has launched Fintech Express in the Middle East and Africa, a program designed to facilitate emerging fintechs’ launch and expansion, it said in a Sept.29 statement. Leveraging the power of partnerships and Mastercard’s …
Read More »High ATM charges blamed on foreign switch providers
Kampala, Uganda | THE INDEPENDENT | Ugandans are paying way too much to use their cards at different Automated Teller Machines with commercial banks blaming the issue of foreign switch providers and the cost of moving money. The switch service providers, including Visa, China Union Pay and MasterCard enable one to …
Read More »MasterCard platform to link farmers to buyers
Kampala, Uganda | THE INDEPENDENT | Small scale farmers across Uganda can now access a digital platform for market, inputs and buyers of their produce thanks to a new partnership between Financial services firm MasterCard and US African Development Foundation (USADF). USADF, a United States government Africa agency, will work …
Read More »UBA, Mastercard to reward Ugandan customers with trip to Champions League Semis
Kampala, Uganda | THE INDEPENDENT | Leading Pan-African Bank, United Bank for Africa (UBA) PLC in partnership with leading global payments and technology company, MasterCard, are giving away all- expenses paid trips to the Semi-Finals and Finals of the 2019 UEFA Champions League to 12 lucky UBA Mastercard holders. The participating countries are …
Read More »MasterCard partners with Centenary Bank on financial inclusion
Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance …
Read More »MasterCard Foundation report highlights youth challenges in labour market
Youth in East Africa recognize the gap between the types of skills they gain within formal education systems and the types of skills employers seek. This was one of the findings of a youth-led research report by the MasterCard Foundation Think Tank. At a launch organized recently in partnership with …
Read More »Mastercard Foundation commits $650m to Africa Confirms Ms. Ivy Mwai
By the Indepenent Team The MasterCard Foundation has set aside $500 million for education initiative and financial inclusion programs for Sub-Saharan Africa. How much of this money is earmarked for Uganda and how much of it has been utilized? The MasterCard Foundation has exceeded its original commitment of $500 million …
Read More »Give back to community – The MasterCard Foundation Scholars alumni challenged
Ms. Victoria Serunkuuma Kisarale, the a celebrated English-teacher and current headmistress of the oldest girl’s school and one of best schools in Uganda – Gayaza Girls’ High School, gave a much-ballyhooed keynote speech to 478 students initiated into the bulging number of The MasterCard Foundation Scholars alumni. The speech that …
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