payment systems Archives

Cheque Transactions Drop by 3.6% as BoU Pushes for More Digital Payments

Payments through cheques in Uganda’s financial eco-system continues to decline as Bank of Uganda (BoU) intensifies efforts to promote digital and electronic payments. Latest data from the central bank shows that both

October 13, 2025

Banking & Financial Services·The Big Story

BoU Report: Cash Still Rules, but Digital Payments Are Catching Up

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

October 13, 2025

The Big Story

Collin Babirukamu, the incoming Bank of Uganda Executive Director, Information Technology.

NITA-U’s Collin Babirukamu Appointed BoU’s IT Executive Director

Uganda’s central bank, the Bank of Uganda (BoU), has appointed Collin Babirukamu as its new Executive Director of Information Technology. This move is set to bolster the central bank’s digital transformation efforts.

February 3, 2025

Executive Profiles·The Big Story

LEFT-RIGHT: Emmanuel Katongole, Chairman of the Covid-19 Response Fund; NITA-U's Marketing and Communications Lead, Steven Kirenga and Prime Minister, Rt. Hon. Ruhakana Rugunda at the launch of the Covid-19 crowdfunding platform last week. As, at May 3rd 2020 the Katongole committee had mobilised up to UGX7 billion in cash, UGX4 billion in pledges, 50 vehicles valued at UGX5 billion as well as food stuffs, medical equipment and others valued at UGX5 billion- altogether UGX 21 billion.

COVID-19: Rugunda unveils NITA-built crowdfunding platform

The Office of the Prime Minister has this morning unveiled a citizen fundraising platform aimed at assisting the government of Uganda in mobilising resources and funds from its citizenry and well-wishers to

May 12, 2020

Company News·Technology & Innovation