brainchild Burson Cohn and Wolfe(Public Relations & Events agency) has launched the 4th Edition of its signature thought leadership events branded Innovation Series. Announcing the event on Tuesday, Walter Wafula, the Business Unit Head at brainchild BCW, said; “This edition of Innovation Series will convene key and influential players in Uganda’s infrastructure sector, to deliberate on innovation techniques and trends in project planning, and development to foster faster delivery of roads, internet and power to the last mile.” The background to the next edition, he said, was the recurrent delays in infrastructure project completion that cost both the government and…
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Silvia Nyambura Smart Telecom has become the 7th player to join Uganda’s competitive telecom sector after having bought off Sure Telecom’s operations in Uganda as well as established in Tanzania and Burundi in a US$ 300 million investment. The telecom which is owned by the Aga Khan Group under the Aga Khan Fund for Economic Development (AKFED) launches months after an online campaign that aimed at getting the public to pick a name for the company in what they termed as an innovative customer focused idea. Addressing the media at the launch event held at the company offices in Kampala…
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By Patrick Kagenda A two day forum organized by the World Bank ended March 13,2014 in Kigali Rwanda where the World Bank,in collaboration with H.E. Paul Kagame, the President of Rwanda, hosted the forum with a theme Higher Education for Science, Technology and Innovation: Accelerating Africa’s Aspirations. The high level event that was telecast live via www.livestream.com/worldbankafrica, brought together ministers of education and higher education, and experts from the academia and the private sector. The forum highlighted the critical role that science, technology, and innovation can play in shaping Africa’s future in the 21st century, and drew attention to priorities…
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By Patrick Kagenda Shortly after the Britam Board of Directors holding their general meeting in Kampala and appointing a new CEO for their Uganda field in a bid aimed at strengthening Britam`s position in Uganda, Britam insurance`s new CEO Alan Mafabi is talking tough on how he is set to revolutionise the Ugandan insurance industry. Despite insurance penetration in Uganda being quite low at around 0.8% of the GDP according to industry sources, Mafabi is basing his growth plans on the growing middle class as well as developments in the oil and gas sector that present the insurance industry with…
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By Taddewo Senyonyi After successfully integrating Warid customers into the Airtel family, Airtel Uganda has relaunched a bigger and better brand, with a new thematic promise, dubbed: “Together we can
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Silvia Nyambura Centenary Bank account holders will no longer have to visit Umeme offices to pay their electricity bills following the unveiling of a partnership between the two companies dubbed Umeme CenteMobile Yaka Service. The partnership will enable subscribers to the bank’s CenteMobile banking platform prepay and post pay their power bills instantly using their mobile phones without any charges levied. Centenary Bank MD Fabian Kasi speaking during the unveiling of the partnership on February 18, 2014 at the bank’s headquarters in Kampala said, “We have an existing relationship with Umeme having been involved in physical over the counter payments…
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By Taddewo Senyonyi Nigerian originating JUMIA, an e-commerce site in Africa has officially extended its services to Uganda. As the company enters the new market it will provide its new customers with a wide range of products including: fashion, electronics, home appliances, mobile devices and beauty at www.jumia.ug. The company comes with a new work style where once the purchase has been completed online it will be delivered directly to the customer’s doorstep. The payment will then be made in cash once the goods have been received, a method which is called ‘Cash-On-Delivery’ (COD) and if the customer desires to…
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By Our Reporter A local Ugandan startup going by the brand name Access mobile, which is focusing on agriculture and health care industries has been awarded the Microsoft 4Afrika Initiative grant. The grant is part of the company`s 4Afrika Initiative, which was launched in February 2013 to facilitate the company’s active engagement in Africa’s economic development to improve its global competitiveness. Last year, Microsoft 4Afrika extended the Microsoft Ventures partnership program to Africa, with startup accelerator 88mph as its first partner. Through the 4Afrika Initiative, Microsoft is now extending its support to include grants to start ups, selecting five start…
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By Patrick Kagenda Shortly after being acquired from its original founders, Victoria University, which now is the first downtown University in Uganda`s capital Kampala, has promised to revolutionize university education in the country through offering a top quality studying environment. The University which is fully accredited by the National Council for Higher Education (NCHE) will offer 14 academic programmes through its morning, evening and weekend classes. The ultra modern, sound proofed 8 floor Victoria University campus located at plot 1-13 Jinja road has capacity to seat 3000 students at one go on all its 8 floors where it has lecture halls including a library and research labs that…
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By Taddewo Senyonyi Uganda has been able to achieve stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies in East Africa. Various reports released in 2013 indicate that Uganda has emerged a favourite destination for foreign investors in the East African region due to macro economic stability and the discovery and the ongoing exploration of oil. The 2012 Index of Economic Freedom ranked Uganda the 8th freest economy in Africa. Notably, foreign investors require a minimum of US$100,000 in planned investment in order to secure an investment license from the Uganda Investment Authority…
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