This article outlines when it may be necessary to institute legal action as well as how to go about doing it. We shall be looking at who the plaintiff is and who the defendant is as well as the role of the court. We will also take a look...
Already in 2019, the International Finance Corporation in an article on digital financial services predicted that if banks and other financial services providers in Africa “don’t have a digital strategy by now they are at risk of seriously depleting their value proposition to their customers and losing market share.”...
Companies and individuals are embracing digital transformation in Africa. More and more, this is forming part of their strategy to remain relevant, improve customer service, or increase access to financial services their customers wouldn’t usually have access to in the physical world. In the Uganda Vision 2040 statement, it’s...
Compuscan CRB was the first credit reference bureau to enter Uganda and celebrated many years’ success in partnership with the Ugandan government, the Bank of Uganda, various governing bodies and clients. In April 2019, the acquisition of Compuscan by Experian came into effect. One year on, we caught up...
Experian, one of the world’s leading global information services company, has appointed Ferdie Pieterse as the new Chief Executive Officer for Experian Africa. With extensive pan-African experience as an emerging markets executive in numerous C-Suite roles within the financial services sector, Ferdie is well-suited to driving Experian’s expansion into...
In an effort to aid overburdened low-income citizens, on 15 August 2019, President Ramaphosa signed the National Credit Amendment Act, 7 of 2019 which brings about debt relief interventions for overly indebted consumers. Qualifying consumers can extract themselves from over-indebtedness by applying for debt intervention at the National Credit...