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When I sit down with Moses Lutalo, the Managing Director of Broll Uganda, the conversation quickly settles on the forces reshaping Uganda’s real estate landscape: financing pressures, currency volatility, talent flight, and the urgent need to reinvent business models across the region. Broll operates from a distinctly different vantage point. It is not a developer, not a landlord, not a builder of malls or apartments. It is a real estate services company, an identity that gives it a panoramic view of the industry’s strengths and stress fractures. “We don’t own property,” Lutalo says. “We manage. We are consultants. If we…
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By Francis Lutalo The banking industry is facing unprecedented times with the need to adapt faster to emerging technology to serve the ever-changing client needs. Faced with competition from other third-party service providers and middlemen, banks are exploring how to replace the current traditional banking infrastructure with the transformative power of blockchain technology to speed up payments, remittances or even day-to-day over the counter transactions. Advanced economies such as the USA and China have already demonstrated considerable success with blockchain technology in digital currencies, payments and remittances with the global south slowly catching up. Rwanda and Ghana are prime examples…
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Ugandans working in Blockchain-related fields have been called to maximise their potential by coming up with digital solutions to the day-to-day problems afflicting the country. They were urged to take time and design market-ready products while leveraging the untapped opportunities of the new technology in Uganda and Africa. This call was made by Mr Awel Uwihanganye, the head of Leo Africa Institute while addressing a group of 20 trainees who completed a course in Blockchain in Kampala. The training under the Blockchain Innovation Program was facilitated by tech-centric finance firm, CapitalSavvy in partnership with the BSV Blockchain Association and the…
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Techpreneurs from Uganda and across the East African Region are set to reap from a new training program in Blockchain technology to help bolster their businesses. The Blockchain Innovation Program which was unveiled Friday in Kampala is being conducted by CapitalSavvy, a Ugandan investment management and advisory firm, along with other local and international partners. Under the program, techprenuers will get extensive training facilitated by BSV Blockchain Academy, and a chance to rub shoulders with experts and businesses which have built proficiency in Blockchain technology around the world. Application for the training is underway and the program itself will kick…
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Following a statement by Uganda’s Minister of Finance, Planning and Economic Development on September 30th, Hon Matia Kasaija in which he advised Ugandans to keep off cryptocurrencies, the Blockchain Association of Uganda has urged the Government of Uganda to wake up to, instead of shunning the opportunities presented by blockchain technology and crypto assets. Hon. Kasaija said that the government of Uganda neither regulates nor recognises any crypto-currency as legal tender in Uganda. He also said that his government has not licensed any organization in Uganda to sell crypto-currencies or to facilitate the trade in cryptocurrencies and therefore advised Ugandans…
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