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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Telecoms service provider Airtel Kenya ended the 2016 financial year with a KSh45 billion (UShs1.5 trillion) debt load, a newly-released annual financial report says. The report, which was published on the Delhi-based parent company’s website, has for the very first time made public the inner details of the company’s financial
Read MoreA new payment solutions firm has opened up in Uganda. XMM (X Mobile Money), a mobile App developed by Dei Technologies that helps to bridge the mobile money gap between different networks joined the Ugandan market in June 2017. Maclina Birungi, the XMM Marketing Manager says with your Airtel line,
Read MoreAirtel Uganda Friday morning handed over prizes to its subscribers in the 8th draw of the on-going Mega Masappe competition. This draw saw Deborah Nabukenya , a farmer based in Nakasongola, drive off in a brand new Toyota Premio and two lucky subscribers, Nicholas Mugiira and Jackson Zakaria Ndiwayezu, take
Read MoreGoogle has started policing YouTube like it never did before, adding warnings and disabling advertising on videos that the company determines crosses its new threshold for offensive content. The crackdown started on Thursday. YouTube isn’t removing the selected videos, but is instead setting new restrictions on viewing, sharing and making
Read MoreUganda Telecom Limited in partnership with Hive Colab Monday launched a Hackathon, an ideation event that will bring together a number of IT professionals and developers and allow them showcase their potential, skills and ideas. At the launch, Bemanya Twebaze, the Administrator, Uganda Telecom remarked “Every year, thousands of IT
Read MoreIt was the most disastrous product recall in the history of the mobile phone industry. Now, a year on from the exploding Galaxy Note 7 fiasco, Samsung on Wednesday unveiled the new version of its giant smartphone. It should be a nervous moment for a company which has had what
Read MoreSheila Gashumba, a celebrated TV personality and daughter of social commentator Frank Gashumbahas landed a year-long lucrative deal at Africell Uganda. The telecom firm contracted Sheila Gashumba as ambassador for its Triple Data offer. While officially unveiling the Triple Data offer to the Ugandan market Wednesday afternoon at their head
Read MoreCentenary Bank and StarTimes on Thursday signed a partnership that will see the bank’s customers acquire affordable StarTimes high quality digital TV sets and accessories under an Asset Financing Loan Scheme. The deal was inked at Centenary Bnak head offices at Mapeera House in Kampala. Customers will be able to
Read MorePenetration of formal banking services remains out of reach of the ordinary Ugandan with only about 20% of the population banked. MTN Uganda’s Mobile Money continues to drive the financial inclusion agenda in Uganda and a year ago in partnership with Commercial Bank of Africa (CBA) introduced MoKash, a micro
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