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IDEATION CORNER: EPISODE 12: Women Determined to Dominate the Fintech World 



The Ideation Corner is a platform that showcases Ugandan entrepreneurs, thinkers, innovators, policy makers and academics to share ideas and insights that inspire the youth.

In this episode of the Ideation Corner, Damali Ssali discusses ‘Women Determined to Dominate the Fintech World’.

Team Kanzu Code Ladies took part in the inaugural HiPipo Women in FinTech Hackathon and Summit. The team consisted of Patricia Atim (developer), Aretha Kebirungi (software engineer and senior developer) Timothy Kasasa  (consultant) and Maria Angella Aboro (documentation).

These ladies are part of the bigger Kanzu Code family. Kanzu Code is a Ugandan financial technology (FinTech) company that is creating last mile digital and financial inclusion tools to power businesses and communities.


While the FinTech community in Uganda and the world over is still dominated by men, a group of women in Uganda is determined to break the glass ceiling.

Kanzu Code Ladies, which recently won the  first ever Women in Fintech Hackathon, is set to set pace for other women to pick  interest in not only using Fintech solutions, but to also get involved in the development  of these solutions that address the various  challenges facing humanity.

The Kanzu Code Ladies aggregation solution that enables micro, small and medium-size enterprises (MSMEs) to make payments conveniently, effectively and securely, is poised to change the way small businesses manage their daily payment needs, without  having to interrupt their core business  operations.

According to Team Leader Patricia Atim, the solution allows businesses to make payments to suppliers, staff and casual workers, among others, with just the click of a button.


The system, which is expected to be  on the market by 2021, uses a Comma Separated Values (CSV) file where all the details including particulars to the people  to be paid and the respective amounts,  are input and then uploaded onto a web based application (app) system to make  the payments accordingly.

The solution is interoperable, as it uses the Mojaloop software. This means that payments can be made from the system to any mobile money service provider or bank, effectively and at the same cost.

Atim, however, says that they will consider simplifying the solution further by having the CSV file uploaded on their app interface so that whoever wants to use it just downloads it, inputs the information, and then uploads it.

On the business side, one needs to pay a small subscription fee before signing up to access the platform.


Atim says that this innovation was inspired by the need to help people make seamless payments in a convenient manner.

“I used to see people making payments in pain. If you have 50 people to pay daily, making a single payment to all those people is a lot of work. This means that you either have to carry the money with you to pay them or look for a mobile money agent and ask them to pay one by one. The whole process is tiresome and cumbersome,” she says.

“We thus thought of how to further leverage the convenience that is being provided by mobile money to make it even easier for MSMEs to make payments. That is when we thought of a one click payment application to facilitate this.

“Imagine supervisors at the construction sites who have to move with huge sums of money to pay off casual labourers daily. Anything can happen and you lose all that money; but if you have a way of just clicking and all the payments are made in a secure manner, that would be much better. The solution is to offer convenience in payments; we want you to work peacefully and calmly.”

Unlike other solutions on the market, the Kanzu Code Ladies’ system has an upper advantage, given that it is interoperable, having integrated it using the Mojaloop software.

This allows users to make payments across mobile networks, banks and across borders, without having to switch or incurring other transactional charges.

While appearing on Damali Ssali’s Ideation Corner, Atim noted that the USD 2,000 prize won at the Women in Fintech Hackathon will help to take the product closer to the people, especially the underserved Ugandans.

Atim said they chose to focus on MSMEs after realizing that the majority of businesses in this category are owned by women.

They also sought to fill the gap, after a global study revealed that the majority of women were unhappy with the current Fintech solutions on the market as they were not responsive to their needs.


Atim credits the HiPipo Foundation, organisers of the Hackathon, for making  their dream come true, saying that it  would have taken them longer to develop  and roll out the product on the market  had they not won the USD 2,000 prize  at the Women in FinTech Hackathon.

“The Hackathon was amazing; we learnt so much. We, for instance, did not know about Level One Principles, but we now have a deeper understanding of them. We also had a lot of mentorship programmes offered, ranging from valuing your product, product roadmap to finance; they were all enriching and eye-opening,” she says.


Atim appeals to young women aspiring to get into the Fintech space to immediately pursue their dreams, noting that there are no reasons for stopping women from excelling in the Fintech space.

“We are as capable as the men, so there is no reason why women should be afraid. It’s not a preserve for men, we can also actively participate. It is absurd that although we are the majority of the population, we are fewer in the Fintech. We need to change that.”

“The global survey revealed that most women are unhappy with the Fintech products on the market, and one of the reasons for this is because they are developed by men who do not understand women needs. Important to note is that most small business owners are women; so, when we get involved, we are helping the society for the next generation – we are setting a pace that will not be broken.”


The post IDEATION CORNER: EPISODE 12: Women Determined to Dominate the Fintech World  first appeared on ChimpReports.

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Who’s who in Israel’s new patchwork coalition government | Middle East News




Benjamin Netanyahu’s 12-year tenure as Israeli prime minister came to an end as the country’s parliament on Sunday approved a new coalition government led by right-wing nationalist leader Naftali Bennett.

The new government, a hodgepodge of political parties, has little in common other than a desire to unseat now-former Prime Minister Netanyahu.

The coalition spans from the far-left to the far-right and includes for the first time a small party that represents Palestinian citizens of Israel, who account for 21 percent of the country’s population.

Analysts say it is expected to focus mostly on economic and social issues rather than risk exposing internal rifts by trying to address major diplomatic issues such as the Israeli-Palestinian conflict.

Palestinian leaders have dismissed the change in government, saying new the Israeli prime minister will likely pursue the same right-wing agenda as his predecessor.

The Palestinian Ministry of Foreign Affairs issued said it was “inaccurate” to call Bennett’s coalition government a “government of change” unless there was a significant shift in its position on the Palestinian right to self-determination and the establishment of an independent Palestinian state with East Jerusalem as its capital.

Here are the leaders who will be leading the new government:

Naftali Bennett – prime minister

Naftali Bennett will serve as Israel’s prime minister for two years until he is replaced by Yair Lapid [Fiel: Ronen Zvulun/Reuters]

Bennett leads the ultranationalist Yamina (Rightwards) party that champions illegal Jewish settlements in the occupied Palestinian territories.

A former Netanyahu ally, Bennett has defended his decision to join the new coalition to save the country from a period of political turmoil that could otherwise see a fifth election in just over two years. He served in previous Netanyahu-led governments, most recently as defence minister.

He is opposed to Palestinian independence and strongly supports illegal Jewish settlements in the occupied West Bank and occupied East Jerusalem, which the Palestinians and much of the international community see as a major obstacle to peace. Settlements are illegal under international law.

The Israeli leader has in the past called for the annexation of the occupied West Bank but analysts believe that plan seems unfeasible, given his new centrist and leftist partners.

Bennett, who made a fortune in Israeli high-tech before entering politics in 2013, is known to be ultra-liberal on the economy.

The new prime minister has expressed opposition to reviving Iran’s nuclear deal with world powers. And in his speech in the Knesset after winning the vote, he vowed to maintain Netanyahu’s confrontational policy towards Iran.

“Israel will not allow Iran to arm itself with nuclear weapons. Israel will not be a party to the agreement and will continue to preserve full freedom of action.”

Under the coalition deal, Bennett will serve as prime minister for two years and until he is replaced by Yair Lapid. He will be the country’s first leader to wear a kippah, a skullcap worn by Orthodox Jews.

Yair Lapid – foreign minister

Israeli Minister of Foreign Affairs Yair Lapid heads the Yesh Atid party [File: Gil Cohen-Magen/AFP]

Yair Lapid heads the centrist Yesh Atid (There is a Future) party and was the architect behind the new government. His party is the biggest in the coalition but he agreed to share power with Bennett to secure a parliamentary majority.

He quit his job as a TV anchor in 2012 and formed his own party, running on the promise to ease financial pressures on the middle class. He also seeks to end many of the state-funded privileges enjoyed by ultra-Orthodox Jews, a long-running source of anger for many secular Israelis.

He initially served as finance minister before moving to the opposition, which he led until Sunday.

Lapid will serve as foreign minister for two years and then take over as prime minister until the end of the government, provided it lasts that long.

Benny Gantz – defence minister

Israeli Minister of Defense Benny Gantz is also the leader of the Blue and White party [File: Jalaa Marey/AFP]

Just two years ago Gantz, a former military chief heading the centrist Blue and White party, was the opposition’s best hope to unseat Netanyahu.

He came closer than other contenders to toppling Netanyahu in an unprecedented three elections between April 2019 to March 2020, preventing the former prime minister from forming a governing bloc of right-wing and religious parties.

But he agreed to join Netanyahu in a “unity” government last April, a decision that angered many of his supporters.

He will be a part of the new coalition, remaining in the post of defence minister that he held under Netanyahu.

Avigdor Lieberman – finance minister

Israel’s Minister of Finance Avigdor Lieberman leads the Yisrael Beitenu party [File: Ammar Awad/Reuters]

A far-right immigrant from Moldova who lives in an illegal Israeli settlement in the occupied West Bank, Lieberman has been a political wildcard over the past decade. He has joined Netanyahu governments, including as defence minister, but also quit.

As finance minister, he will have to rein in a budget deficit that ballooned during the coronavirus crisis.

He has also said he will try to change the status quo between the government and Israel’s politically powerful ultra-Orthodox minority, which is a mainstay of Netanyahu’s outgoing government.

The ultra-Orthodox community has low participation rates in the workforce and relies heavily on government handouts while focusing on religious studies. Lieberman has said he will work to integrate them more into the economy.

Gideon Sa’ar – justice minister

Likud party member Gidon Saar was the main rival of former PM Benjamin Netanyahu [File: Abir Sultan/EPA]

Gideon Sa’ar was Netanyahu’s main rival within Likud, but the former prime minister did his best to keep him out of the spotlight and away from the highest-level portfolios. Frustrated, Sa’ar launched a failed leadership bid then spun off his own party.

As head of the New Hope party, Saar will be bumped up to justice minister, where he will oversee the legal system and become a member of the security cabinet.

Mansour Abbas – deputy prime minister

Mansour Abbas is the leader of the United Arab list [File: Abir Sultan/AFP]

Abbas’s small United Arab List will be the first party in an Israeli government to be drawn from Israel’s Palestinian citizens.

He split with other Palestinian politicians who prefer to remain outside government and cast aside differences with Bennett and other right-wingers to tip the scales against Netanyahu.

Abbas is expected to serve as a deputy minister in the prime minister’s office. He aims to negotiate a big increase in government spending in Palestinian towns and villages.

But his presence is a potentially destabilising factor. He has been criticised by Palestinians for agreeing to support an Israeli government while Israel continues to occupy the Palestinian territories.

Addressing these tensions, Abbas told the Italian daily La Repubblica on Friday: “There will be difficult decisions to be made, including security decisions. We have to juggle our identity as Palestinian Arabs and citizens of the State of Israel, between civil and nationalistic aspects.”


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COVID-19: Ex Judiciary Secretary, Kagole Kivumbi Dies




Former Secretary to the Judiciary, Mr Kagole Kivumbi Expedito, has succumbed to COVID-19.

He was 58 years-old.

Judiciary’s Principal Communications Officer, Solomon Muyita said Kagole “died on Sunday at Le Memorial Medical Services at Kitiko-Lubowa, Kigo Road”.

He had been admitted in critical condition, according to relatives.

Kagole was forced out of office for alleged misappropriation of funds according to the Auditor General’s report for the Financial Year 2017/2018.

He was the fourth Secretary to the Judiciary.

He came from the Judicial Service Commission, one of the 18 Justice, Law and Order Sector Institutions, where he was accounting officer for seven years.

Despite his mistakes, Kagole was hailed for the extensive revamp of the High Court headquarters carried out between 2017 and 2018.

This encompassed renovation and painting works on the over 80-year-old building as well as the refurbishing and renovating its places of convenience.

Kampala High Court building/Judiciary Head Quarters was in June 2018 fitted with Closed Circuit Television (CCTV )cameras in a move to boost security at the building located in the city centre.

The post COVID-19: Ex Judiciary Secretary, Kagole Kivumbi Dies first appeared on ChimpReports.

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Denmark’s Eriksen is joking and in a good mood: Agent | Euro2020 News




‘He is fine,’ but may have to stay in hospital for two more days, the Inter Milan player’s agent Martin Schoots told the Gazzetta dello Sport.

Denmark’s Christian Eriksen may have to stay in hospital for two more days but is making a good recovery, his agent said on Monday.

Eriksen collapsed during Saturday’s European Championship game against Finland in Copenhagen and doctors think he had a cardiac arrest. He was resuscitated on the pitch.

“He has been joking, he was in a good mood. He is fine,” the Inter Milan player’s agent Martin Schoots told the Gazzetta dello Sport newspaper after visiting him.

“We all want to know what happened, he as well. The doctors are doing lots of tests and that takes time.”

The 29-year-old is not expected to play again in the tournament but could continue his recuperation at home soon.

Eriksen will stay in hospital in Copenhagen on Monday “and perhaps also Tuesday” added Schoots.

“He is happy because he has seen how many people care about him. He has had messages from across the world,” he added.

Denmark, who lost 1-0 to Finland having decided to restart the game hours after his collapse, meet favourites Belgium in their second Group B game on Thursday.

“Without a doubt, he wants to support his team against Belgium as a fan,” said Schoots, without specifying whether that would be in the Parken Stadium in the Danish capital.

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