A new Ugandan startup, TooGood is set to launch, giving its users up to 85% discounts from top merchants and businesses in Kampala. TooGood.ug is an online deal site offering the best discounts on top services from the best providers in and around Kampala city. Discount deals are available to...
MTN is one of the most admired home-grown brands in Africa, according to research done by Brand Africa in association with the Johannesburg Stock Exchange. In the 6th annual “Brand Africa 100: Africa's Best Brands” research report, tele-communications brand MTN was been announced as the first African brand spontaneously recalled...
Government revenue collection agency; the Uganda Revenue Authority (URA) on Wednesday temporarily shutdown Buganda Kingdom's owned K2 Telecom over failure to remit pay as you earn (PAYE) and local excise duty amounting to nearly UGX96 million. According to Ian Rumayika, the manager public and corporate affairs at URA who confirmed the...
Ecobank was on Monday award with two major awards; Best Retail Bank in Africa, and Most Innovative Retail Bank at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea. Reports say, the bank impressed judges with the strides it has made to leverage digital financial services and...
There is a lot of money to be made in the eCommerce market, especially in this digitally driven age. The majority of people in the Western world have access to smartphones, laptops and other advanced technology, so it comes as no surprise that a vast number of businesses are...
Last week we reported that the Ugandan Government had up to May 26th to find a new capable investor that could revive State-owned Uganda Telecom (UTL) after the Libyan shareholders; Libyan Post Telecommunications and IT Holding Company (LPTIC) with 40% shares withdrew from the telco leaving the company almost to a...
Could Africell Uganda be in big trouble? Government regulatory body of the communications sector; Uganda Communication Commission (UCC) on March 7th, 2018 advised all telecommunications companies to immediately cease the sale of sim cards through hawkers, street vendors, street agents and any other establishments that are not licensed by Kampala...
Earlier this month, PC Tech Magazine reported how the Ugandan Cabinet announced it was in procedures to find a new capable investor to revive State-owned Uganda Telecom (UTL) to upgrade its network and as well have its service license extended by twenty years (20). However, at the time of the press...
Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) have celebrated ten years of partnership by hosting a high level Business forum for members of the Ugandan/China Business community. ICBC, the world’s biggest bank, is the single largest shareholder in Standard Bank group having acquired a 20.1% stake...
San Jose-based Financial company PayPal Holdings, Inc. on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut. Paypal said that its biggest acquisition to date would strengthen its platform for...