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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Government of Uganda Thursday signed a Production Sharing Agreement (PSA) and issued a License for Petroleum Exploration, Development and Production over the Kanywataba Contract Area with Armour Energy Limited (AEL) from Australia. Speaking during the Ceremony held at Amber House in Kampala, Eng. Irene Muloni, Minister of Energy and Mineral
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Uganda’s National Drug Authority (NDA) has announced winners of the 2017 school essay competition. The Award Winners Ceremony was held on Tuesday in Kampala and was officiated by Dr. Sheila Ndyanabangi, Principle Medical Officer, Mental Health Division, Ministry of Health. The competition is aimed at promoting and inculcating a culture
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Uganda should fairly compensate landowners affected by a pipeline that will transport oil to an Indian Ocean port after accusations that some people reimbursed for earlier public projects were left worse-off, Oxfam International said. The London-based charity said it’s concerned that “community participation, livelihoods and land rights could be overlooked in a
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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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After you hurt someone’s feelings or do something wrong, it turns out that saying sorry might not be the best solution. In fact, an apology might just add fuel to the fire, a recent study by researchers from Dartmouth College and the University of Texas has found. The Entrepreneur reports
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Makerere University has been ranked the 5th best in Africa, according to The Times Higher Education World University rankings released last week. The best University in Eastern Africa lost two positions given the fact that in the previous ranking it was 3rd best in Africa. The University of Cape Town
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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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