Personal data ‘collateralization’ paraded to close the financial exclusion gap, but at what cost!
By Muhindo Morgan Africa’s financial exclusion/divide remains wide; two thirds of adults in Sub-Saharan Africa don’t have access to formal financial services. Arguably, Africa is managing to narrow the gap through effective and innovative...
The 4th Industrial Revolution and the Future of ‘Deconcentration’ of Power
The 4th Industrial Revolution "4IR" has shaped our ways of life now for over three decades. The revolution enabled by the advent of the internet has reinvented itself into a better version to fulfil...
Why the Cease and Desist Order by Bank of Uganda barring FinTechs from facilitating Trade in Crypto Assets is not good for the Future of Finance and FinTechs
FinTechs are offering customer centric services and processes while promoting inclusivity to have the previously undeserving segments of society into the financial system. This potential can only be realized if Bank of Uganda’s regulatory approach is supportive of disruptive technologies that are giving birth to new business models which have the potential to promote financial inclusion if the risks associated are well understood and combated.
Exploring the Viability of Ugandan SMEs Using Intellectual Property as Security for Debt Financing
Background In a country that perceives property as something in a tangible form, appreciating and harnessing the value of intellectual property still remains a challenge. With such a background, financing has evolved around allowing...