Business

ZDNet reports a hacker by the name of Gnosticplayers has put up for sale a set of hacked databases on a Dark Web marketplace known as Dream Market. Being the third round of hacked databases the hacker has published. The hacker is reported to...

Stanbic bank Uganda has on Friday appointed Emma Mugisha as the new Stanbic Bank Uganda Head of Corporate and Investment Banking (CIB) replacing Edwin Mucai who has been in the position for 3 years. Emma will have to oversee the bank’s CIB clientele including government, large corporate,...

Western Union and Amazon have partnered to unveil a new payment option that allows Amazon.com customers in Kenya to pay in local currency for their Amazon.com purchases. This service not a new offering from the cross-border, cross-currency money movement firm, as it is...

U.S-based Financial services; Fitch Rating, has assigned Uganda Development Bank (UDB) a Long-Term Issuer Default rating (IDR) of B+ with a Stable Outlook. A credit rating is an assessment of the creditworthiness of a borrower in general terms or with respect to a particular...

Never before has customer service been more important in literally any industry imaginable. From consumer goods to B2B relationships, the Customer Experience (CX) can make or break a company. In an age where information is never more than a mouse click away, customers demand instantaneous responses from...

The Parliament of Uganda has asked the Minister of ICT and National Guidance, Hon. Frank Tumwebaze, to explain the failure of telcos to reinstate the use of airtime scratch cards. To recall, government regulatory body of the communications sector; Uganda Communication Commission (UCC) in...

Safeboda operations in Kenya is growing at a faster speed than expected. The company reports that they have clocked 600 riders, just six months after launch— July of 2018. The launch came after an update was seen in the company's app — integrating M-Pesa as a payment...

Taxify has finally cleared out rumors of terminating its business in Uganda. This follows after a news website published an exclusive article claiming the company was ending its operations in Uganda. Even through the roughness the company is going, they claim its committed to serving their customers better. As we reported on...

Google agreed to pay USD$40 million for the smartwatch technology of the fashion and accessory group Fossil, the companies said Thursday, enabling the California tech giant to expand in the growing wearable tech market. As part of the deal, Texas-based Fossil Group's research and development team working on the smartwatch...

Xiaomi is among the top smartphone brands in the world—currently ranked 4th after Samsung, Huawei, and Apple who have dominated the smartphone market globally. However, being listed as the 4th since its foundation in 2010, gives at a chance to perform better, as well as stand a chance of taking...