Financial Inclusion

The National Social Security Fund (NSSF) has announced an increase in the interest rate paid to members’ savings, raising it to 13.5% for the 2024/25 financial year, up from 11.5% in …

Guided by the National Development Plan III goal of increasing average household incomes and improving the quality of life of Ugandans, PostBank Uganda has been on a journey to innovate …

In a deliberate move to economically empower bouncers and promote self-employment among the youth, the government through the Microfinance Support Centre (MSC) has launched a nationwide programme to support bouncers …

The informal sector is the backbone of Uganda’s economy, powering livelihoods, fueling local commerce, and playing a crucial role in the country’s development. These people work tirelessly every day to …

Despite low insurance penetration in Uganda, the Insurance Regulatory Authority (IRA) has approved the merger between Sanlam General Insurance (Uganda) Limited and Jubilee Allianz General Insurance Company Limited. The approval …

Standard Chartered Bank Uganda recently launched an exciting new deposit campaign, “Jaguza ne Standard Chartered.” The campaign aimed at encouraging a savings culture and rewarding loyal clients with attractive prizes, …

Pride Bank has unveiled five new financial products aimed at meeting the evolving needs of individuals, entrepreneurs and businesses across the country. Speaking at the launch of the products at …

Uganda has experienced a recent surge in digital lending platforms, marking a new era in access to financial services. Providers such as MTN’s MoKash, Airtel Wewole, ManguCash, DIGI Loans, and …

Africa is emerging as one of the most dynamic fintech ecosystems in the world. With a population that is largely young, increasingly tech-savvy, and significantly underbanked, the continent has become …