Allan Rwakatungu, the CEO and founder of Xente, a digital account designed to save time and money on everyday business payments. At the beginning of this year, the African Continental Free Trade Area (AfCFTA) came into effect with the main goal of eliminating the obstacles that hinder trade and business
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Michael Opira, the Chief Operations Officer at Housing Finance Bank Over the last ten years, there has been a steady shift in banking and financial services from the conventional channels to a more digitized service offering. This shift has been accelerated further by the onset of the COVID-19 pandemic, which
Read MoreStudents taking computer lessons. These and many more will find The Lesson materials more interesting/Courtesy photo A section of innovators in the Information Communication Technology (ICT) industry, have shone a ray of hope for parents who are desperately seeking academic excellence for their children in the current COVID-19 lockdown. Shule
Read MoreHuawei underlined its innovative capabilities, walking away with several awards at this year’s Mobile World Congress (MWC), which took place in Barcelona and online from 28 June to 01 July. As the world’s largest exhibition for the mobile industry, Mobile World Congress plays a pivotal role in setting the tone
Read MoreCustomer Deposits Safe, Says BoU After Taking Over Regulation Of Mobile Money Services From UCC
Mobile Money services have now been completely detached from the regulation of the Uganda Communications Commission to that of the Bank of Uganda, amidst questions and fears from the customers. Last month, the Bank of Uganda started implementing the National Payments System Act 2020 and the National Payments Systems Regulations
Read MoreBinance, the world's biggest crypto-currency exchange, has been banned by the UK's financial regulator. The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct any "regulated activity" in the UK. It also issued a consumer warning about Binance.com, advising people to be wary of adverts promising high returns
Read MoreAn associate of the Legal Tech Lab About Shs376.9 billion of the 2021/2022 National Budget has been allocated to the Judiciary. Out of this, Shs18.2 billion has been earmarked for implementing the Electronic Court Case Management Information System and the Prosecution Case Management Information System. These deliberate efforts to integrate the
Read MoreDr Ken Hu, Rotating Chairman, Huawei Huawei has opened its largest Global Cyber Security and Privacy Protection Transparency Center in Dongguan, China. It used the event, which included representatives from GSMA, SUSE, the British Standards Institution, and regulators from the UAE and Indonesia to call for a unified approach to
Read MoreAll over the World today, Cybersecurity is a top priority for each and every person using the Internet. But as the Internet advances, threats as well advance with new hacking tools and malware being created every day which makes cyberattacks more advanced and easier than ever before. In Uganda, recent
Read MoreStarting June 1, Ugandans will have mobile money transactions run by companies separate from the traditional telecoms that have been operating the business. This follows the licensing of three companies to operate mobile money services in Uganda, including MTN Mobile Money Uganda Ltd and Airtel Mobile Commercial Uganda Ltd. Until
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