The Banking & Finance community of Uganda

197m people paying MTN for services

Wed, 29 May 2013 08:31:00 +0200

Telecommunications group MTN said on Tuesday (28 May) that the group had increased its subscriber base by 4% in the four months to April 30 to 197.4m mobile subscribers across its operations.
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Africa needs economic integration

Wed, 27 Mar 2013 09:40:00 +0200

African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March).
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Norton Rose tells insurers to tread carefully in Africa

Wed, 20 Mar 2013 09:25:00 +0200

Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.
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Mobile cash services bank on growth

Wed, 20 Mar 2013 07:09:00 +0200

The growth of mobile money will continue at a rapid rate this year‚ global mobile industry body GSMA said in a recently released report entitled The Economy of Mobile 2013.
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Mobile money could encourage savings

Wed, 27 Feb 2013 07:33:00 +0200

Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion.
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Africa's remittance costs too high says World Bank

Tue, 29 Jan 2013 15:18:00 +0200

Bringing remittance prices down to 5% from the current 12.4% average cost would put US$4bn more in the pockets of Africa's migrants and their families who rely on remittances for survival‚ the World Bank said on Monday (28 January).
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Uganda names Top 50 Brands

Thu, 23 Aug 2012 11:40:00 +0200

As one of activities to commemorate Uganda gaining independence from the British in 1962, the Private Sector Foundation Uganda has identified and honoured its Top 50 Brands of the last five decades.
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Barclays, Absa to combine African operations

Tue, 21 Aug 2012 11:41:00 +0200

Barclays Bank and its subsidiary, Absa, say they are engaged in negotiations to combine the majority of the Barclays Africa operations.
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SBV Services expand their operations into Africa

Tue, 10 Jul 2012 09:27:00 +0200

SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.
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2012 African Banker Awards shortlist announced

Tue, 24 Apr 2012 16:14:00 +0200

The African Banker Awards has released the shortlist of nominees for the 2012 competition. The winners will be announced at an awards ceremony on 30 May 2012, which makes its debut in Africa. This year's event coincides with the annual African Development Bank (AfDB) meetings in Arusha, Tanzania
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