• Latest

Equity Bank Urges SMEs to Embrace Tech-Driven Banking Solutions

September 19, 2024
Uganda Martyrs Essay Competition Expands Across East Africa

Uganda Martyrs Essay Competition Expands Across East Africa

May 23, 2025
Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

May 23, 2025
VINAStech Advert

Uganda accuses German envoy of meddling in national security affairs

May 23, 2025

Babu Owino Appointed Advocate of the High Court in Kenya

May 23, 2025

Security Forces recover two guns in Karenga district, suspects arrested

May 23, 2025
Student Suspended, Ordered to Pay in Avocados

Student Suspended, Ordered to Pay in Avocados

May 23, 2025

Community Energy for Justice: Standing Together for a Fossil-Free Future

May 23, 2025

Col. Nakalema Affirms Safety for Investors and Tourists as Elections Near

May 22, 2025

Akena, Adim Enap nominated for UPC presidential flag

May 22, 2025
One Killed, Another Arrested in Foiled DTB Bank Robbery

Buhweju Woman Arrested Over Child’s Murder

May 22, 2025

A Call for Action on International Day for Biological Diversity

May 22, 2025
Kyambogo University Student Riding Boda to pay tuition brutally killed

Kyambogo University Student Riding Boda to pay tuition brutally killed

May 21, 2025
  • About Us
  • Internship
  • Contact Us
Saturday, May 24, 2025
Parrots Media
No Result
View All Result
  • Login
  • News
    Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

    Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

    Uganda accuses German envoy of meddling in national security affairs

    Babu Owino Appointed Advocate of the High Court in Kenya

    Security Forces recover two guns in Karenga district, suspects arrested

    Community Energy for Justice: Standing Together for a Fossil-Free Future

    One Killed, Another Arrested in Foiled DTB Bank Robbery

    Buhweju Woman Arrested Over Child’s Murder

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News
    Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

    Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities

    Uganda accuses German envoy of meddling in national security affairs

    Babu Owino Appointed Advocate of the High Court in Kenya

    Security Forces recover two guns in Karenga district, suspects arrested

    Community Energy for Justice: Standing Together for a Fossil-Free Future

    One Killed, Another Arrested in Foiled DTB Bank Robbery

    Buhweju Woman Arrested Over Child’s Murder

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home Human Genomics BUSINESS REPORTS

Equity Bank Urges SMEs to Embrace Tech-Driven Banking Solutions

SMEs Encouraged To Embrace Equity Bank Technology For Growth, Sustainability and Ease Of Market Access

Gilbert Akampa Kakurugu by Gilbert Akampa Kakurugu
September 19, 2024
in RELIGION
0

Some of the invited guests at the SME Top 100 Technology Forum by Equity Bank.

0
SHARES
1
VIEWS
Share on FacebookShare on X

By Leonard Kamugisha Akida,

KAMPALA

READ ALSO

Uganda Martyrs Essay Competition Expands Across East Africa

Security Bans Vending Outside Namugongo Martyrs Shrine

Small and Medium Enterprises (SMEs)  have have been urged to take up more Equity Bank technology-based banking and financing solutions from to overcome disruptive business environment.

These remarks were made by Mr. James Olany, Strategy and Business Manager at Equity Bank Uganda during a Top 100 SME networking forum held at the Sheraton Kampala.

“As a result of emerging technologies such as blockchain technology, cryptocurrencies, artificial intelligence and machine learning, these advancements have not only shaped the operational strategies but also set new standards of how customers are to be served and the experience that customers expect to receive”, said Mr James Olany.

During the meeting, Olany revealed that 96% of all customer transactions at Equity Bank Uganda were through digital channels. He also revealed that about 50% of all our Equity Bank Uganda customers were tele-connected and could access their accounts at their convenience wherever they were using the Equity Bank Mobile App or online banking platforms such as EazzyBiz.

James Olany, Head of Strategy at Equity Bank Uganda Limited addressing the audience at the SMEs Top 100 Technology Forum

Additionally, the strategy and business manager commended SMEs for their support in banking with Equity which has been at the forefront of supporting SME growth in not only Uganda but also East Africa and beyond.

He advised SMEs that to scale their businesses and extend their market reach beyond Uganda, adoption and leveraging of the latest technology was inevitable.

Mr. James Olany also revealed that Equity Bank provides financial education to their customers and runs technology-based upskilling to assist them in commercializing and digitizing their businesses.

Some of the technologies making breakthroughs for Equity Bank SME customers include retailing their goods and services on their websites, being part of online marketplaces like Kikubo Online, Jumia and integrating e-commerce payment such as Eazzy biz, Eazzy stock, card payments and digital transactions via mobile app, that are all offered by Equity Bank Uganda.

CIU scholarships offer to Senior Six students.

The remarks on technology align with the Bank’s mission to champion financial inclusion by offering integrated financial solutions that socially and economically empower its customers using innovative solutions.

Some of these innovative solutions include Equity Online, EazzyBiz and Eazzy Stock which offer SMEs easy and comprehensive banking experiences that support their financial needs, cash management, liquidity management, bill payments and cashless transaction settlements that eventually make banking easy.

Mr. James Olany also thanked the Top 100 partners KPMG and Nation Media Group for allowing Equity Bank to be their financial and banking partner.

In July 2024, Equity Bank Uganda announced that it had partnered with KPMG and the Nation Media Group as the main sponsor of Uganda’s Top 100 Mid-Sized Companies Survey and Awards for the next three years.

The Top 100 mid-sized companies is a survey-based campaign that has been ongoing for over a decade and organized by Nation Media Group (Daily Monitor, K-FM and NTV) in partnership with KPMG, a leading international auditing firm. Other partners include the Uganda Securities Exchange, Huawei and The Innovation Village.

ADVERTISEMENT

At the launch, Anthony Kituuka the MD of Equity Bank Uganda stated that Top 100 Mid-Sized Companies Survey and Awards presented a significant opportunity for Equity Bank to showcase their SME offerings and solidify their position as a key financial partner in the sector.

Other technology-based solutions from Equity Bank Uganda include the Equity Group Innovation Hub, a technology project that supports the transformative Africa Recovery and Resilience Plan (ARRP) to digitize value chains for over 100 million customers.

The initiative was developed by E&M Technology, a software development company specializing in financial industry innovations across East Africa. E&M Technology was founded and is run by Equity Leader Program alumni.

The Equity Group Innovation Hub participate in physical innovation hub settings, workshops, idea sharing, collaborating on projects and developing new solutions for socio-economic transformation including complex banking industry problems and cyber fraud.

Stebo Smart Pro Ad.

Other speakers at the event included Mr. Gerald Oola, Industry Solutions Manager, Huawei Technologies Uganda, who gave the key note presentation.

Oola highlighted the crucial role of digital transformation in enhancing SME growth, particularly in Uganda, where SMEs contribute 70% of GDP and 80% of employment. His session covered key concepts of digitization, digilalization, and digital transformation, emphasizing the importance of data driven strategies and automation to optimize business processes.

The presentation also addressed the significance of supply chain management, the benefits of cloud computing, and the necessity of cybersecurity tailored to various industries.

“Initially, adapting to technology was an option, but with the changing trends of the world, it is a necessity. You have to adapt to the changing market, the changing scope and the changing world,” he said.

Tags: #EquityBankUganda #Top100SMEs24Digital Banking

Related Posts

Uganda Martyrs Essay Competition Expands Across East Africa
RELIGION

Uganda Martyrs Essay Competition Expands Across East Africa

May 23, 2025
Security Bans Vending Outside Namugongo Martyrs Shrine
Business

Security Bans Vending Outside Namugongo Martyrs Shrine

May 16, 2025
Namirembe Diocese Priest Brutally Beaten and Abducted by Unknown Assailants
RELIGION

Namirembe Diocese Priest Brutally Beaten and Abducted by Unknown Assailants

May 12, 2025
Ugandan MP Francis Mwijukye to meet New Pope in August
RELIGION

Ugandan MP Francis Mwijukye to meet New Pope in August

May 9, 2025
Ugandan MP Francis Mwijukye to meet New Pope in August
Religion

“We have a sacred duty to move forward together,” Pope Leo XIV urges Catholics during his inaugural address and first Urbi et Orbi blessing

May 8, 2025
Robert Prevost Elected New Pope, Chooses Pope Leo XIV
RELIGION

Robert Prevost Elected New Pope, Chooses Pope Leo XIV

May 8, 2025
Next Post

One Killed in Fatal Attack Near Hoima Catholic Cemetery

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

A Love Beyond Distance: A review of Leonard Kamugisha Akida’s poetic tribute on valentine’s day

February 14, 2025

Besigye Sends Easter Message from Luzira Prison as Archbishop Kazimba Urges for Release of Political Prisoners

April 18, 2025
Brutality at KIU: Students Assaulted by Officials at Examination Hall

KIU Loses Bid to Block Payment of Shillings 46.8 Billion to Housing Finance Bank

March 12, 2025

EDITOR'S PICK

“As brutal as it gets” Akareere FC humiliated at Bubz League return leg

December 4, 2023
Kabale Diocese commissions New Parish of St Peters Buyanja

Kabale Diocese commissions New Parish of St Peters Buyanja

November 18, 2023
Jinja City threatens to impound vehicles abandoned on streets

Jinja City threatens to impound vehicles abandoned on streets

August 14, 2023
EC -sets dates for Serere county parliamentary By-election

EC -sets dates for Serere county parliamentary By-election

January 4, 2023
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • Obituary
  • OBITUARY
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • Uganda Martyrs Essay Competition Expands Across East Africa
  • Battle For Generals: Tumukunde Withdraws from Rukungiri NRM Elections Amid Allegations of Irregularities
  • Uganda accuses German envoy of meddling in national security affairs
  • Babu Owino Appointed Advocate of the High Court in Kenya
May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page