Francophone West Africa leads in intra-regional trade with trade hotspots around Dakar, Abidjan, Cotonou and Lomé, according to analysis by Ecobank’s (www.Ecobank.com) research team in its new website. The team has updated Ecobank’s flagship Africa Fixed Income, Currency and Commodities Guidebook (FICC) and made it available as an online resource:
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In partnership with Google, Mara Corporation Limited (MC) is set to release the Mara X for the African market in the second quarter of 2018. The Mara X will be a one-of-a-kind high-quality, smartphone. Mara Corporation Limited is owned by Ashish J Thakkar, one of the richest Ugandans. The Mara
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The Uganda Communications Commission (UCC) has issued new guidelines to telecom companies to be followed in the replacement and registration of SIM cards. MTN Uganda has already notified its customers of the new development that will require all MTN Uganda SIM card replacements to be made at designated MTN Service
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Technology Company Safaricom has changed its name in compliance with section 53 of the Companies Act, 2015, the Standard reports. The company will now be Safaricom PLC instead of Safaricom Limited with effect from January 31, 2018. According to section 53 of the companies act, a company that is both
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Huawei at the beginning of this month held a Pre-MWC 2018 Media and Analyst Briefing in London, during which the company called on all industries to work together and go beyond traditional boundaries in the areas of capabilities, connections, business, experience, and partnerships for a fully-connected, intelligent world. The 4th
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Pay TV company Kwese has acquired a stake in Malaysia-based subscription video on demand (SVoD) firm iflix. The partnership between the two firms adds to the selection of online programming available, meaning subscribers will have diversified content on the platforms. Kwese did not clarify what percentage of iflix's stake it
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AFRIMAX Uganda Limited, the parent company of Vodafone Uganda has declared insolvency and an administrator has been appointed. [caption id="attachment_8886" align="aligncenter" width="400"] Vodafone has run bankrupt[/caption] According to reliable information obtained by Business Focus, the High Court (Civil Division) on February 15, 2018 appointed Donald Nyakairu as the administrator for
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President Yoweri Museveni has met with a consortium of four American companies – Global IP, Boeing, Hughes Networks and Space X owned by billionaire Elon Musk – which expressed interest in investing in Uganda in order to provide the country with fast and reliable Internet services through satellite technology. The four companies
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Uganda’s Civil Aviation Authority Executive Director, Dr. David Kakuba has explained for the first time why British Airways quit Uganda over two years ago. In a statement, British Airways said it was stopping all flights to and from Uganda as they are "no longer commercially viable". This was blamed on
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By Mariam Abdullahi No industry will remain undisrupted in 2018 and the years to come. But for African telco providers, who have feasted on near-uninterrupted subscriber and revenue growth over the past two decades, the need to adapt is paramount. In a market where the average business lifespan is 12
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