Positive economic Performance Stays Lending Rate At 10%

Positive economic Performance Stays Lending Rate At 10%

By Admin Following the better economic performances, the central bank has decided to maintain the central bank rate at 10%. While announcing the maintenance today in Kampala, the central bank governor, Emmanuel Tumusiime Mutebire attributes the maintenance to improved inflation forecast as per October 2018. The bank also projects that the economic activity is to remain on a steady expansion path in the financial year 2018/19 and over coming years as well as the strong…

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Spedag Launch Digital Cargo Tracking Devise

Spedag Launch Digital Cargo Tracking Devise

By Damba Rogers In a bid to keep their clients on track of where their cargo is, SPEDAG INTERFREIGHT has launched a new cargo tracking devise dubbed, Peri Spoor. The SPEDAG interfreight regional CEO, Dilip Bhandari says, the real time tracking solution is to benefit more than 500 interested stake holders, with the innovation going to allow free and convenient cargo tracking along the sea, rail and road. The innovation is operational in East Africa…

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MTN opens Mobile Money Application Program Interface (API) as it unveils Fund for Ugandan Startups

MTN opens Mobile Money Application Program Interface (API) as it unveils Fund for Ugandan Startups

By Admin MTN Uganda the first telecom company in Uganda and in the MTN Group to grant access to third-parties to its Mobile Money Access Programming Interface (API). An Open API platform enables developers and programmers to get free access to MTN mobile money proprietary software platform. MTN Mobile Money is the most widely used mobile money platform in Uganda. Developers can now access it, create products that ease payment options and leverage the 10M…

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New App Linking Market Women To Broader Markets

New App Linking Market Women To Broader Markets

By. Damba Rogers The institute for social transformation is in the final stages of coming up with a new marketing App for women vending fruits, food, and vegetables in markets around the country. According to the executive director, Institute for social transformation, Rita Atukwasa, women in markets have been cheated by middlemen for long, By middlemen buying goods from them at a very cheaper price and selling them off to the final consumer at very…

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UAP Old Mutual Unveils Travel Insurance Package

UAP Old Mutual Unveils Travel Insurance Package

By. Damba Rogers With 1.2 million Ugandans traveling out of the country annually, only 50,000 of them travel while insured and the biggest number travel with no insurance which puts their lives and property at risk. Now to make life easy for Ugandans, UAP has launched an online travel insurance packed dubbed, Ekibbo. This new insurance product comes with unique features, as it can be accessed online to curb on personal interface as a means…

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MTN Uganda and Mastercard diversify Mobile Money services in Uganda

MTN Uganda and Mastercard diversify Mobile Money services in Uganda

MTN Uganda (www.MTN.co.ug) in partnership with Mastercard (www.Mastercard.com) and United Bank for Africa (UBA) (www.UBAGroup.com) have announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments. The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide…

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Uganda, China Sign Three Pacts as Museveni Meets Jinping

Uganda, China Sign Three Pacts as Museveni Meets Jinping

Source State House President Yoweri Museveni has held a bilateral discussion with his Chinese counterpart, Xi Jinping, with both leaders witnessing the signing of three agreements between their countries. The three pacts are; an agreement on economic and technical cooperation, a memorandum of understanding on cooperation within the framework of the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative and finally an agreement on emergency humanitarian assistance. The first agreement is…

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TIDAL and MTN Announce Trailblazing Partnership Bringing Pioneering Music and Video Streaming Service , Starting with Uganda

TIDAL and MTN Announce Trailblazing Partnership Bringing Pioneering Music and Video Streaming Service , Starting with Uganda

Global music and video streaming platform, TIDAL (www.TIDAL.com) in partnership with the leading communications operator in Uganda offering mobile & fixed telecommunications, MTN Uganda, have today announced an exciting, first-of-its kind collaboration. The partnership provides MTN Uganda customers a variety of options for a data-inclusive TIDAL membership as part of their mobile plan to gain access to exclusive high-quality streaming music, videos, concerts and more. “Africa is a continent that has long been an inspiration…

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The Government of Uganda promotes oil and gas projects at Africa Oil Week 2018

The Government of Uganda promotes oil and gas projects at Africa Oil Week 2018

Hon Irene Muloni, the Minister of Energy and Mineral Development, in the Republic of Uganda will lead a delegation of private and public-sector players from Uganda’s oil and gas sector to the Africa Oil Week 2018 (http://www.Africa-OilWeek.com), which will be held between 5 – 9 November, 2018 in Cape Town, South Africa. Hon Muloni said, “Uganda is open for business and we will be looking forward to promoting the country`s highly progressive and lucrative hydrocarbon…

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MTN CEO Vanhelleputte Says 99% of Ugandans Embraced Electronic Airtime

MTN CEO Vanhelleputte Says 99% of Ugandans   Embraced Electronic Airtime

MTN CEO Vanhelleputte Says Ugandans Overwhelmingly Embraced Electronic Airtime By Adiga Julius The Chief Executive Officer of MTN Uganda Wim Vanhelleputte, has said majority of Ugandans have overwhelmingly embraced electronic airtime following the phasing off of scratch cards. Uganda Communications Commission (UCC) had set 31st July as the deadline for using airtime scratch cards. However in a meeting at Parliaments conference hall involving the Speaker Rebecca Kadaga, Members of Parliament, Telecom giants and the Ministry…

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