ATMs Archives

Customers withdraw cash from an ATM, a routine transaction at the center of policy debate after government dropped plans to introduce a tax on all cash withdrawals.

Govt Abandons Plan to Tax all Cash Withdrawals

Government has abandoned a proposed 0.25% excise duty on cash withdrawals from the financial system. The proposal, initially fronted under the 2026/27 Revenue Enhancement and Compliance Measures, was part of government’s larger

April 2, 2026

The Big Story

Ambrose Kibuuka, CEO of ICEA Lion General, says Uganda’s insurance growth will come from disciplined underwriting, tech-driven innovation, and winning trust by bringing the uninsured majority, especially the informal sector, into coverage.

ICEA’s Ambrose Kibuuka on insurance mergers, e-mobility risks, tech-driven innovations – dominance of general insurance and dealing with low uptake

In Uganda’s fast-evolving insurance market, questions of trust, innovation, and growth remain central. The insurance industry has been expanding, attracting bigger regional players and new products, but challenges of low penetration and

November 27, 2025

The Big Story

Thought Leadership: Imagine Opening an Account in 5 Minutes: Filling the Digital Banking Puzzle Couldn’t Be More Interesting

As the famous saying goes, “A journey of 1,000 miles begins with one step,” well, the banking sector has had an interesting one, it has had to traverse miles to finally reach

July 20, 2024