Safaricom has reported a 9.5 per cent rise in net profit to KSh26.2 billion (UShs920.9bn) in the first half of the year ended September 2017 continuing its profit machine that has seen it remain East Africa’s most profitable company, reports the Standard Newspaper. The telco defied a difficult economic environment
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South Korean technology giant Samsung Electronics Co Ltd (005930.KS) named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third-quarter profit. The world’s biggest maker of semiconductors, televisions and smartphones replaced the leaders of its
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MTN Uganda has shortlisted 45 nominees for the next phase of the MTN Innovation Awards 2017. The 45 nominees were selected from an overwhelming number of entries, more than the entries received in the inaugural MTN Innovation Awards in 2015. There were at least seven (9) categories to pick from.
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Government spends over $3m on foreign software developers annually in its effort to execute its duties, the National Information Technology Authority of Uganda (NITA-U) Executive Director James Saka has said. In an exclusive interview with Business Focus at the sidelines of ICT-Uganda Association first meeting with NITA- Uganda on Wednesday
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MTN Uganda will host an exhibition for the 45 selected submissions for the MTN Innovation Awards 2017. The exhibition will take place on Saturday, October 28th 2017 at the Shoprite Lugogo Mall parking area. On display will be the 45 finalist entries that have made it to the next phase
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Stanbic Bank Uganda, a partner and supporter of the MTN Kampala Marathon, has contributed Shs225 million towards this year’s activity. The money will be used to combat the exposure of school going children to cancer caused by asbestos roofing in Kampala and improving maternal health services at Kiswa and Komaboga
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Kwesé TV, Africa’s newest broadcast network on Tuesday launched its dynamic satellite TV service in Uganda, bringing a whole new world of premium sports and general entertainment content to market. Kwese’s entry will be closely watched by already existing players such Star Times, MultChoice (Dstv and GOtv), Azam and Zuku
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Facebook this week celebrated the achievements of a fast-growing community of African tech entrepreneurs and developers, at the first-ever TechCrunch Startup Battlefield in Africa, sponsored by Facebook. Alongside the event, the company also hosted a week of activities bringing together hot African startups, developers, influencers and community leaders - to
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Uganda Telecom (UTL) and WIOCC Tuesday announced a major Internet capacity partnership that will facilitate delivery of more data capacity and faster speeds in Uganda, while further lowering the cost of the internet to millions of Ugandans. The initiative was launched at a media briefing held at the Kampala Serena
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Kenya's top telecoms operator Safaricom sacked 52 employees suspected of involvement in fraudulent activities in the year ended March, reports the Daily Nation newspaper. The number is 16 more than the 36 it sent home the previous year. Safaricom, which is Kenya’s most profitable company, said those dismissed were involved
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