Global money transfer, foreign exchange and payment solutions brand, UAE Exchange has today announced the rebranding of its Uganda operations as Unimoni. The announcement was made by Promoth Manghat, Executive Director of Finablr and Group CEO, at an event held at Pearl of Africa Hotel in Kampala, in the presence...
Ugandan's strike on the tax levied on mobile money transactions could be paying off. In the latest changes, the Ugandan Government has approved a proposal to scrap the 0.5% tax on receiving, sending, and making payments on transactions while the 0.5% levy on withdrawing remains. The announcement was made by the...
Stanbic Bank has entered into a partnership with CURAD, an agribusiness incubator that trains Micro and Small to Medium Enterprises (MSMEs) farmers to explore their full potential for better productivity. The partnership will see Stanbic Bank support 70 youth under CURAD with UGX150 million over the next 3 years with...
On 26 July 2018, IT News Africa will host the Digital Transformation Congress at the Gallagher Convention Centre in Johannesburg, South Africa. The conference is set to be an educational experience that will bring over 300+ senior business executives together for a day of top-level content, case studies, live...
DHL has today announced its partnership with eCommerce firm, MallforAfrica to help online retailers bring African made products to the global market. The site offers items from a variety of categories including fashion, body care, handbags, jewelry and home decor. "DHL and MallforAfrica saw the need to promote African made...
Following Wednesday's protest led by Hon. Robert Kyagulanyi Ssentamu a.k.a Bobi Wine, in a bid to drop taxes on on social media and mobile money, the Prime Minister to Uganda Ruhakana Rugunda has come out and said that the taxes would be reviewed and a new bill will be brought next...
One of Africa's largest eCommerce firms; Jumia has on Wednesday unveiled its warehouse in Uganda ahead of its 6th anniversary celebration in Africa - scheduled to run from July 16th to July 26th, 2018 which mind-blowing discounts of up to 75%. Unveiling the warehouse which is located on 5th Street,...
Following public outcry over new Excise Duties that were passed by the Uganda Parliament last month, a statement released and signed by H.E the President of Uganda; Yoweri K. Museveni, clarifies that the mobile money tax is 0.5% and not 1%. "The 1% was a miscommunication. The actual figure was 0.5%,...
Stanbic Bank Uganda in March launched their cashless campaign dubbed; Blue Weekends that allows its customers pay, as well as receive discounts through their Point-of-Sale (POS) terminals. The campaign runs throughout this year  and is only activated from every last weekend in a month from Friday to Sunday at only...
Telecom firm; MTN Uganda has on Tuesday partnered with multinational media company; StarTimes to offer special promotional MTN TV bundles for viewers to watch StarTimes entertainment, sports and news on their smartphones via the StarTimes App. The partnership follows the company's recent collaboration with Kwese's Iflix that is offering MTN users...