Dr Grace Ssekakub Archives – CEO East Africa

IT HAS ENDED IN TEARS: Uganda Telecom to be transferred to UTCL; the new gov’t owned telco outfit; over 110 companies to lose over UGX300bn in unpaid debts

The CEO Magazine TeamCompany News News & Analysis The Big StoryNovember 17, 2022November 18, 2022

Uganda Telecommunications Corporation Limited (UTCL)—the newly formed government-owned telco is expected to, this Friday, November 18th, 2022, take over the assets of the now insolvent Uganda Telecom. Uganda Telecom was previously owned by the governments of Libya and Uganda. UTCL the new owner of Uganda Telecom is 60% owned by the Ministry of Finance, Planning and Economic Development (MoFPED) and 40% by the Ministry of ICT and National Guidance (MoICT&NG). UTCL was incorporated on 8th April 2021 and on 23rd February 2022, entered into an Asset Sale and Purchase Agreement to buy the assets- and not debts and or liabilities…

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Cente-Tech, Sunbird AI sign MoU to deploy Artificial Intelligence across Uganda

Nelson NambooleThe Big StoryJuly 5, 2022July 5, 2022

Centenary Technology Services (Cente-Tech) has signed a Memorandum of Understanding (MoU) with Uganda’s foremost Artificial Intelligence experts, Sunbird AI, geared towards developing the Artificial Intelligence-based innovation ecosystem to facilitate the usage of technology and development of the software applications in Uganda. This strategic partnership is aligned towards addressing challenges to equality and inclusion, through the adoption of Artificial Intelligence technology. Commonly referred to as Cente-Tech, Centenary Technology Services is the technology company of Centenary Group. With a combined ICT industry experience of over 75 years in the public and private sector, Cente-Tech provides holistic technology solutions and delivers innovation that…

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