While people will always need banking and other financial services, how they interact with and access these services has changed dramatically with the advent of technology. We spoke to William Sekabembe (in featured photo), Chief of Business and Executive Director at dfcu Bank who gave us key take aways from
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Government and telecom companies have revealed that effective November 1, 2018, the validity of daily Over-the-Top (OTT) tax of Shs200 has changed from midnight to 24 hours. Ian Rumanyika (in featured photo), the Manager Public & Corporate Affairs at Uganda Revenue Authority (URA), says that the decision follows engagements with
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The Uganda communication commission (UCC) has called for a collaborated effort with the Ministry of Education and Police to end theft of computers in Government aided schools. Appearing before the Committee of Statutory Authorities and State Enterprises (COSASE) on Friday, Abdul-Salam Waiswa, the Head of Legal at UCC blamed the
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Kenya based telecom firm, Telkom Kenya has issued a 30-day notice to relevant authorities and company stakeholders on its plan to lay off 500 employees, the Standard reports. Since 2016, Telkom has rebranded, invested Sh14 billion into its business to expand its network coverage, launched 4G services and its MFS
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The Directorate of Public Prosecution (DPP) has blamed the National Information and Technology Authority - Uganda (NITA-U) on slow implementation of the Prosecution Case Management Information System (PROCAMIS). The revelation was made by Amos Ngolobe, the Deputy DPP while appearing before Parliament’s Public Accounts Committee (PAC) to respond to queries
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Airtel Africa Ltd, a UK incorporated subsidiary of Bharti Airtel Ltd., today announced that six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others have agreed to invest USD 1.25 billion (UShs4.7bn) through a primary equity issuance in the company at a post money equity value
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By Aloysious Kasoma Airtel Uganda has launched a new smartphone with a free 4G Simcard. The phone which was launched early this week at Airtel headquarters in Kampala is expected to cost Shs200,000 with a value back to customer of 15 GB of data worth Shs90,000. According
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Xpress Money, one of the most dependable money transfer brands in the world, recently partnered with FINCA UGANDA to deepen its footprint in Uganda. This partnership with FINCA UGANDA comes by virtue of the brand’s association with Diamond Trust Bank – Xpress Money’s principle partner in Uganda. Xpress Money offers
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Facebook has said “almost 50 million” of its users were left exposed by a security flaw. The company said attackers were able to exploit a vulnerability in a feature known as “View As” to gain control of people's accounts. The breach was discovered on Tuesday, Facebook said, and it has
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dfcu Bank has been recognized as the number one promoter of financial literacy in Uganda. The recognition was made at the 2018 Digital Impact Awards Africa which were held last Friday at the Kampala Serena Hotel. The award for promoter of financial literacy was given to the bank for its
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