The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
Read More »Airtel Uganda set to invest in treasury bills, bonds
Telecom firm, Airtel Uganda, could soon start investing customers’ savings in the government’s treasury bills and bonds upon receiving a license from Bank of Uganda in fulfillment of the National Payment Systems (NPS) Act, 2020. Kampala, Uganda | ISAAC KHISA | Manoj Murali, the Airtel Uganda managing director, said the …
Read More »Airtel Uganda unveils no expiry data bundles
This comes two months since MTN Uganda revamped its no expiry data bundle dubbed MTN Freedom Bundles Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel subsidiary in Uganda has followed MTN’s footstep to unveil internet bundles with no expiry dates, enabling customers to browse with flexibility and comfort. Amit …
Read More »Airtel records profit growth in East Africa
The company will soon welcome two new minority investors – The Rise Fund and Mastercard – in its mobile money business Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel operations in East African shrugged off the effects of coronavirus pandemic to record a 15% surge in revenue to US$1.38bn …
Read More »Free boy wants MTN, Airtel to pays him UGX 350M over copyright
Arua, Uganda | THE INDEPENDENT | Local music artiste Mubarak Mandela commonly known as Free Boy has sued telecom giants MTN and Airtel for copyright infringement. Through Viva Entertainment, the artiste accuses the two telecom giants of using his song “Kwata Essimu” since March 2020 to promote their sales without his …
Read More »Airtel records 14% growth in revenues to $659m in East Africa
But the firm’s overall Africa operations had its net profit fall by 36% to $145m Kampala, Uganda | ISAAC KHISA | Bharti Airtel operations in East Africa have recorded a 14% growth in revenue to US$659million for the six months ending Sept. 30, citing an increase in subscribers. The firm’s …
Read More »Sim cards used in hacking Pegasus were registered in company name – Detectives
Kampala, Uganda | THE INDEPENDENT | Investigations into the hacking of two telecom giants and two banks have established that 1,500 sim cards on which money was transferred were registered in the names of a local company. A senior police detective at Criminal Investigations Directorate –CID in Kibuli, has told Uganda …
Read More »Police arrests 3 more suspects over hacking into telecoms- Banks’ aggregator
Kampala, Uganda | THE INDEPENDENT | The cyber detectives at Criminal Investigations Directorate – CID have arrested three more people in connection to the ongoing investigations into the hacking of Pegasus technologies and causing loss of billions of shilling to two telecommunication giants and two Banks. Hackers early this month …
Read More »Team set up to probe hacking of bank, telecom systems
Kampala, Uganda | THE INDEPENDENT | The Director of Criminal Investigations Directorate Grace Akullo has set up a team to investigate the alleged hacking into the electronic systems of a bank and two telecom companies. The hackers allegedly accessed systems of Pegasus technologies that manage electronic transactions of telecom companies …
Read More »MTN, Airtel re-instate mobile money sending charges
Kampala, Uganda | THE INDEPENDENT | Telecom giants MTN Uganda and Airtel have announced they will be re-instating their charges on sending money ending the suspension that was meant to make it easy for users to go through the lockdown. During the last two months of the lockdown, customers were …
Read More »