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Will Agency Banking be the required shot in the arm for the financial sector?

Banks and other financial sector players in Uganda await the issuance of the Agency Banking regulations in growing anticipation. Their issuance will allow for the extension of the provision of basic financial transactions to your local super market, hardware shop or pharmacy. In this way, banks should offer more convenient, flexible and accessible account access […]

Digital systems can improve traditional banking methods

“M-Shwari hits the 10 million customer mark”- we’ve all seen the articles and blogs posts about this innovative Safaricom-Commercial Bank ofAfrica (CBA) product that allows mobile money users to remotely open bank accounts, earn interest on their savings and access credit instantly. We’ve seen traditional financial institutions rushing to make strategic partnerships with mobile network […]

Digital Credit is not always good for financial inclusion

The latest product from a combination of a bank and a mobile network operator (MNO) is MoKash.  It could be “the next big thing”.  But before anyone gets too excited about the benefits, we should take a hard look at lessons from Kenya.  Kenya is where M-Shwari (a predecessor to MoKash) started and has really […]

Digital Credit is not always good for financial inclusion

The latest product from a combination of a bank and a mobile network operator (MNO) is MoKash.  It could be “the next big thing”.  But before anyone gets too excited about the benefits, we should take a hard look at lessons from Kenya.  Kenya is where M-Shwari (a predecessor to MoKash) started and has really […]

Car Wash Sundays: A communal approach to health insurance

The car wash ends with about 15million shillings raised and a relieved family that could afford to take their daughter, Rita, to India for medical treatment. This was the only option for her single mother to raise funds to treat her after using up what little savings she had and selling off her house. Unfortunately, […]

The impact of shutting down mobile money in Uganda

On February 18, 2016, the people of Uganda went to the polls to vote in the Presidential and Primary elections. Citing a threat to “national security,” the Uganda Communications Commission ordered mobile network operators to shut down key social media sites (WhatsApp, Facebook, Twitter) and disable mobile money platforms. While many savvy mobile users defied government […]

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