National Information Technology Authority-Uganda (NITA-U) has spoken out for the first time about its reported closure by the government. NITA-U says it is an autonomous statutory body established under the NITA-U Act 2009, to coordinate and regulate Information Technology services in Uganda and therefore a directive by Ministry of Finance
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President Yoweri Museveni’s desire to close the mushrooming government agencies is beginning to see light of the day. Museveni directed Prime Minister, Dr. Ruhakana Rugunda to handle the matter and according to sources in Prime Minister’s Office (OPM), government will pilot Museveni’s directive beginning with National Information Technology Authority-Uganda (NITA-U).
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Liquid Telecom, a subsidiary of Econet Global, has completed100G upgrades to key routes on the East Africa Fibre Ring. The upgrade to 100G wavelengths takes advantage of the latest DWDM technology from Ekinops allowing Liquid Telecom to offer the largest lit backhaul capacity in Africa. It offers up to 10
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Standard Chartered Bank (StanChart) and MTN Uganda Limited have signed an agreement to allow MTN Mobile Money collections for Corporate and Business clients directly into their Standard Chartered Bank accounts on a real time basis.This solution is dubbed Straight2Bank Wallet Collections and will be delivered through the Bank’s Straight2Bankelectronic banking
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One of China's biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies, BBC reports. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities banned initial coin offerings on 5 September. The country
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MTN Uganda and the National Social Security Fund (NSSF) on Tuesday announced a partnership that enables payment of social security contributions using Mobile Money. The partnership enables NSSF members on the NSSF Voluntary Membership Plan as well as small and medium sized entities to conveniently make payments using MTN Mobile
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Uganda has been ranked 3rd in a survey on financial and digital inclusion by a US-based public institution, helped by the wide adoption of mobile money in the local economy. Brookings Institution’s Centre for Technology Innovation, a non-profit organisation based in Washington DC, in its latest report put Uganda 3rd
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China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market. Xin Guobin, the vice minister of industry and information technology, said the government is working with other
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By Mariam Abdullahi, After nearly two decades of uninhibited growth and profitability, African telecoms operators (telcos) are facing the converging forces of digital disruption. Some of the factors contributing to this are: easily accessible broadband internet, popular over the top (OTT) services such as WhatsApp, and changing consumer needs. According
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Bitcoin has crossed the $5,000 (£3,862) threshold for the first time. The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk's price index. BBC reports that the record high helped push the total value of publicly traded crypto-currencies - including Ethereum and the Bitcoin-offshoot Bitcoin
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