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The Uganda Microfinance Regulatory Authority (UMRA) and PostBank Uganda have signed a Memorandum of Understanding (MoU) to initiate a collaboration aimed at digitizing the operations of Tier IV Microfinance Institutions through PostBank’s Wendi mobile wallet, so that the last mile beneficiary can actively participate in socio-economic ventures that will improve their livelihood. Being at the helm of regulating the operation of microfinance institutions, UMRA’s collaboration with Wendi mobile wallet is a key milestone in enhancing financial inclusion through streamlining the operation of Savings and Credit Cooperatives (SACCOs), Village Savings and Loan Associations (VSLAs), Self-Help Groups, and Non-Deposit Taking Microfinance Institutions…
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MultiChoice Africa Holdings B.V and Uganda’s Ministry of ICT and National Guidance have announced a new cooperation agreement geared towards establishing stronger partnerships in digitalisation, enhancing the local content sector, intellectual property rights protection and skills development within the applicable legal frameworks. The signing ceremony took place in Johannesburg, South Africa – for purposes of technical facilities benchmarking- and was graced by Dr. Aminah Zawedde, the ICT Ministry Permanent Secretary. The Memorandum of Understanding covers MultiChoice Africa, and its associate MultiChoice Uganda, as the local partner, and further provides for continued strengthening of future co-operation with the ICT Ministry. Dr…
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