Stanbic Bank Regional Manager, Ronnie Muganzi with the winners from Mary Hill High School, on Saturday 18th March, 2017. Photo Courtesy: Stanbic Bank Uganda

The 2017 Stanbic National School Championships Regional Winners Named

Late last month, Stanbic Bank Uganda in partnership with the Ministry of Education and Sports officially launched the 2017 Stanbic National School Championship at Kampala Serena Hotel. The exciting competition aims to...
Customers in Centenary Bank will be able to transfer money to Finance trust bank ranging from UGX 500,000 to UGX 5 million. (Photo courtesy: Contador Harrison)

Kenya’s Craft Silicon Unveils Inter-bank Money Transfer System in Uganda

Kenyan fintech software development company, Craft Silicon has unveiled an inter-bank money transfer system in Uganda. PC Tech Magazine understands that the system will allow customers in Centenary Bank to transfer money...
Image Credit: Pages @ bitbillions

Bitwala Introduces Free Bitcoin to M-Pesa Transfers to Kenya, Nigeria, Tanzania, and Uganda

Global bitcoin remittance firm Bitwala, earlier last week introduced Bitcoin to M-Pesa transfers in Kenya, Nigeria, Tanzania and Uganda for free of charge in a move the firm says will make money...

Central Bank Warns Against Digital Currency Use as One Coin Launches in Uganda

The Bank of Uganda has cautioned the general public against doing business with the new digital currency which he says is not regulated. Dubbed One Coin, the crypto currency located on the...

Kenyan Banks Partner to Launch Mobile, Electronic Money Platform to Rival M-Pesa

Kenyan banks have joined hands to launch a mobile and electronic money transaction service, PesaLink to rival M-Pesa in the mobile money transaction business. The development comes nearly 10 years after the...
Bitcoin has always had its marked ups and downs, but the future sounds very shaky indeed now. ImageCredit: Cryptodream

South Africa considering adopting digital currency

The Reserve Bank of South Africa has revealed that it is considering issuing a national digital currency, with Blockchain or Distributed Ledger Technology (DLT) being what it is based on. According to Tim Masela,...

Ecobank launches fintech challenge for start-ups

Pan-African banking conglomerate, Ecobank, has launched a fintech challenge for start-ups. The challenge is open to Africa’s entrepreneurs, innovators and developers, providing then with an opportunity to win $500,000 in funding as...
JUMO Head Offices. Image Credit: Jumo

JUMO Names Warren Squires as Director of MTN Channel

According to JUMO, they gained more than 100 new staff members last year and has plans to double its staff complement in this year. The company boasts a strong line-up of talent...

Lagos to host CashlessAfrica Expo 2017 under theme “The future of finance”

Digital disruption is shifting the balance stay of power in financial services and influencing the way, millions of people bank their money, make payments, remittances and more, in a continent where...
Image Credit: Wall Street Journal

South Africa’s Standard Bank Acquires Majority Stake in Firepay

Standard Bank one of South Africa's largest financial services groups earlier this week on Monday announced they had acquired a majority stake in Firepay; a firm that applies new mobile payment...
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See Also

NSSF Launches Transaction Alerts to Members

Uganda’s top Pension body, the National Social Security Fund (NSSF) has rolled out a transaction alert service for her members. The development was revealed by...

INNOVATION

Ugandans Develop Platform to Locate Everyday Small Service Providers

A group of Ugandan youths has developed a new platform that connects users to everyday small service providers including cleaners, painters, wedding service providers,...