Centenary Bank has unveiled an online drive aimed at empowering Ugandans Online with free financial literacy knowledge and skills.
Ugandans will be able to use the bank’s online communication channels to manage their finances.
The Chief Manager Corporate Affairs and Communications of Centenary Bank, Allen Ayebare said the drive is meant to urge more youth in Uganda to get free financial literacy knowledge and skills using the bank’s online communication channels.
“The initiative is part of the CenteBusinessLife, Centenary Bank’s flagship Corporate Social Responsibility programme which is designed to empower business owners and individuals with skills to help them manage their finances better.”
Ms Ayebare was on Friday speaking to journalists during the Bank’s monthly social media initiative at Mapeera House in Kampala.
This drive will empower at least 800,000 Ugandans on social media platforms; Facebook and Twitter.
CenteBusinessLife is run in partnership with the Private Sector Foundation and the Agribusiness Initiative (aBi) Trust.
“Normally, we empower youth and Small and Medium Enterprises (SMEs) owners with book keeping, record keeping and personal finance management skills through classroom trainings, outdoor market vendor classes, electronic and print media,” said Ms Ayebare.
She added that internet has become one of the most effective and is a timely way of communicating with the youth not only in Uganda but globally.
According to the Uganda Communication Commission, 7.3 million Ugandans have access to internet out of a population of 36 million people. A significant number of people use the internet on a regular basis to network with their friends, read emails and, academic research and for entertainment.