Technology
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Development
Kenyan SACCOs urged to develop neobanks
NAIROBI– Savings and Credit Co-operatives [SACCOs] have been urged to turn their institutions into neobanks [online banks without traditional physical branch networks], reports SACCO Review. Cynthia Wandia, the Chief Executive Officer [CEO]…
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Cooperatives & Communities
PDM: Rwamirama urges Mbarara officials to play their roles
MBARARA– The State Minister for Animal Industry Lt.Col. Bright Rwamirama has advised leaders in Mbarara City to play their assigned roles in the implementation of the Parish Development Model [PDM] in the…
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News
Shs 435bln project to create 12,000 jobs in Uganda
LIRA– A new government project to enhance technological skills in the young people is to begin soon and is expected to create 12,000 job opportunities in Uganda. The project, ‘National Science, Technology,…
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Cooperatives & Communities
UNWTO launches Digital Futures Programme for SMEs
MADRID– The United Nations World Tourism Organisation [UNWTO] has launched the Digital Futures Programme, designed to accelerate the adoption of new technology among tourism enterprises. Developed in collaboration with some of the…
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Development
Why Gulu University has not received Museveni’s Shs 3.7b for clinic trial of Covid-19 herbal medicine
GULU– The Shs 3.7 billion financial support promised by the government to Gulu University for the development of herbal medicine against Covid-19 remains unfulfilled, as researchers and national regulators of medicines fight over…
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Finance & Banking
Absa Bank Uganda profit after tax up by 169%
KAMPALA – Absa Bank Uganda had favourable business outcomes in the year 2021, despite covid-19 pandemic that hit the country. The bank on Tuesday announced a sharp profit after tax increment of…
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News
Government will embrace technology to track corruption tendencies by 2023
MBARARA – The Permanent Secretary, Ministry of Finance, Planning and Economic Development, Dr Ramathan Ggoobi has said government agencies and ministries will embrace technology to track corruption tendencies. Dr Ggoobi made these…
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Cooperatives & Communities
Bolt to digitize Boda-boda transport service in Gulu City
GULU – Boda-boda cyclists plying the various streets in Gulu City have been tipped to embrace digital tools in order to earn more money. This follows the launch of a European mobility…
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Cooperatives & Communities
SACCOs urged to embrace tech, digital lending
Savings and Credit Cooperative Societies (SACCOs) have been urged to embrace the latest technological innovations in order to catch up with market trends and safeguard their market share. Speaking during a one-week…
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Cooperatives & Communities
Business women urged to use digital tools to increase productivity
Business women across Uganda have been encouraged to use the numerous digital tools now available to market their products and subsequently increase their productivity and profits. The call was made during a…
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