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When the world was invaded by Covid-19 in 2020, global economies were brought to their knees. At a personal level, many individuals were left in survival mode, barely managing to feed their families. Education was not saved too. Learners were forced to study remotely in bits and when schools were re-opened parents were required to […]
Building and construction is a tricky business, mostly because contracts in this sector are usually post-paid. This means that one has to primarily foot the bill for construction materials and wages. At the end of the day, many construction companies incur high-interest loans that conversely affect their profits. James Andrew Mukuye was going through this […]
Market access is one of the biggest challenges for businesses in Uganda, especially in the informal sector. Many highly depend on word-of-mouth references because they lack resources for proper marketing. Some fail to breakeven and close shop while others stagnate at a small-scale level. It is estimated that Uganda has more than 2.5 million formal […]
Most developing countries such as Uganda face a problem of lack of, limited and expensive energy resources. And when it comes to domestic usage of electricity, for instance, there is a lot of waste. It is very common to find a home with lights on during the day or all appliances connected even when there […]
A quick scan through the daily newspapers will show you how many people are losing their businesses to financial services providers for failure to service a loan. Financial services providers usually don’t care if you made a profit or a loss on the money they gave you; they just want their money back plus the […]
One of the biggest business challenges is accountability. For instance, it is almost impossible for any organization to determine how much airtime or fuel was used by field staff in a given month. This is because the field staff usually pay out of pocket and claim the money later without proper proof. But this is […]
Sometime in 2016, Jean Anthony Onyait was on a study trip to Tirinyi where he met a special woman that would change the story of his life. This woman was called Akello. She was a village hero! A hero because she was in police custody for failure to pay a loan received from a microfinance […]
After a long day’s work recently, Fetaru Charity Flavia was late for a surprise birthday party for her friend. To make matters worse, she needed a quick make-up but she couldn’t go to her usual make-up artiste and make it to the party in time. “Then I remembered I could order for a makeup artist […]
On top of her job as a secretary at Buddo SS, Mary Caroline Nambogga is charged with the custodianship of pocket money of students at this school. Nambogga says that this second role is actually more difficult than her primary job. First, she is not an accountant; second, some secondary school students are sharp and […]
HiPipo has announced that registration for the fourth edition of the HiPipo 40 Days 40 FinTechs has opened. Without a doubt, the HiPipo 40 Days 40 FinTechs initiative has put the Innovation and Financial Inclusion bar very high; particularly showcasing both the time and lifesaving abilities of Financial Technology. Although the 2020 and 2021 seasons […]