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The B20 Summit places productivity and resilience at the heart of Africa’s economic future. Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen resilience against these vulnerabilities? If you start geographically, there’s a major challenge because of just the sheer size of the place, the fact that the population is actually mostly along the coastline of Africa, with this vast interior. A lot of challenges in terms of infrastructure, movement of goods and people and so on, but I think over time, we would like to see more investment in infrastructure in Africa….
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Despite the steady rise of mobile money, fintechs, and online banking, cash continues to dominate Uganda’s payment landscape. Bank of Uganda (BoU), in its latest currency and payment systems report, reveals that while digital channels are growing steadily, the Ugandan economy remains deeply reliant on physical currency for most day-to-day transactions. However, behind the continued dominance of cash lies a quiet but important shift; digital payments are steadily gaining traction, reflecting changing consumer habits, improved technology, and growing financial inclusion. Cash circulation keeps rising During the 2024/25 financial year, total currency in circulation increased by 9%,, from UGX 8.21 trillion…
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At the recently concluded Annual Bankers Conference, some of Uganda’s most influential banking leaders stepped away from the boardroom and into the spotlight. Representing institutions that collectively control a significant share of the industry’s deposits, loans, and profits, these CEOs shape the pulse of Uganda’s financial system and, by extension, much of the country’s economic direction. Among them were Julius Kakeeto of PostBank and Chairman of the Uganda Bankers’ Association; Mumba Kalifungwaof Stanbic Bank Uganda; Sanjay Rughani of Standard Chartered; Fabian Kasi of Centenary Bank; Godfrey Sebaana of Diamond Trust Bank Uganda; and Robin Bairstow of I&M Bank Uganda. Together,…
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Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, has announced the launch of its ‘Tech For Her’ Program’, targeting young women across Uganda, Zambia and Kenya. The initiative,…
East African CEOs are charging into 2025 with a sharpened strategic lens—facing volatility with resilience, embracing transformation with intention, and leveraging technology with purpose. PwC’s 28th Annual Global CEO Survey – East Africa Perspective reveals a region where business leaders are not only optimistic about the future but are already well into a reinvention journey. “Reinvention as a strategic imperative remains the main theme of this year’s report, as East African CEOs remain focused on innovation and adapting to evolving market conditions,” says Peter Ngahu, Regional Senior Partner, Eastern Africa. This East Africa edition of PwC’s 28th Annual Global CEO…
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In an era where digital technology has become the backbone of modern business operations, the importance of Information and Cyber Security (ICS) cannot be overstated. As Uganda’s financial sector embraces…
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By Steven Mwesige A flurry of incidents in the news of cybersecurity breaches in recent weeks are a cause for concern, but with a better understanding of cybersecurity need not be our new reality. In the old days, when transacting with your bank it was mostly face-to-face transactions. You would walk into the bank, line up to be served, meet a bank official who would help you transact whatever you wanted. That looks very crude these days where only two in ten transactions are carried out over the counter at PostBank, a statistic that is mirrored across the industry. The…
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Recently, the company underwent a rebrand to become Liquid Intelligent Technologies from Liquid Telecom. What is the thinking and or dynamics behind the rebrand? This rebrand reflects our extensive business transformation from a telecommunications and digital services provider to a full one-stop-shop technology group. Over the last two decades, we have firmly established ourselves as the leading pan-African infrastructure provider. The rebrand highlights the expansion from simply Connectivity to Cloud business, Cyber Security, and Managed Services technologies added to our existing telecoms and connectivity capability. Does it affect your operations in any way? And what is in there for your…
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