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...
Early of April, we reported Fuzu Limited; an online career development and talent management platform was set to launch in May in Uganda, which the company has today done. The official announcement was made by FUZU Limited CEO; Jussi Hinkkanen at the Design Hub Kampala. Like we reported before, the company aims to...
DFCU bank has on Wednesday launched a revamped eBanking platform for its Omni-Channels called Quick Banking to enable its customers make their transactions faster, safer, and simpler banking. The Omni-Channel consists of three channels to say; the use of USSD codes for feature phones, use of a mobile application...
Following the launch of the Shell EasyGo card in February 2018, the card has attracted a lot of attention from a lot of Shell customers with massive sign up and usage. Vivo Energy Uganda has today made it possible for its customers to sign up for the Shell EasyGo cards...
It seems the telecom business in Uganda this year is becoming more of a nightmare. After government regulatory body of the communications sector; Uganda Communication Commission (UCC) sent new directives to telco operators. One banning the use of scratch cards in favor of electronic points of sales and distribution, and the...
For those unaware, government regulatory body of the communications sector; Uganda Communication Commission (UCC) in March gave a directive to stop sales for airtime scratch cards in favor of electronic points of sales and distribution. Little is known why commission issued such a directive, but it was rumored that this came...
Patrick Mweheire the Chief Executive of Stanbic Bank Uganda was on Wednesday elected the new Chairman of the Uganda Bankers Association (UBA) taking over from Fabian Kasi who held the position for the past three years. The association was established in 1981 and consists of commercial banks and financial institutions...