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Day: June 2, 2020

Banking Sector Urged To Go Digital To Build Resilience And Sustainable Growth Post COVID-19

Banking Sector Urged To Go Digital To Build Resilience And Sustainable Growth Post COVID-19

FEATURED, NEWS
By Elite Reporter Bankers from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa Financial Services Industry Online Summit 2020, agree that digitisation of the sector will give it resilience against the current Covid-19 pandemic and enable sustained growth in the post Covid era. The pan-African conference themed “Accelerating Digital Transformation, Enable Business Growth Again” was attended by 1200 delegates from across banks, telco operators, fintech and ICT services companies.  Opening the event, Liao Yong, vice president of Huawei Southern Africa Region, said advances in ICT present unique opportunities for the banking sector, especially when almost 70% of the region’s population don’t have a bank account.  “All of these ICT advances will
Malice Cited In Maj. Rwakanuma’s Arrest As CMI Fails To  Press Charges, Find Evidence Against Him

Malice Cited In Maj. Rwakanuma’s Arrest As CMI Fails To Press Charges, Find Evidence Against Him

FEATURED, NEWS
By Elite Reporter Human rights activists in Uganda have come out to demand  the unconditional release of  Maj. Steven Rwakanuma, who is currently in detention at Makindye Military barracks, after he was arrested for allegedly possessing illegal arms and aiding Tanzanians to enter Uganda despite the COVID-19 lockdown. Maj. Rwakanuma was arrested last week by the army and the police over allegations possession of a  firearm and abuse of office through allegedly aiding Tanzanians to cross into Uganda during the COVID-19 lockdown. A serving Uganda Peoples Defence Forces (UPDF) serving officer, Maj. Rwakanuma was arrested on May 22, 2020 from his farm in Isingiro District, by a joint team of UPDF soldiers, CMI operatives and Police, before he was whisked to Makindye mil...