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 »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 »MTN Uganda records Shs1.98tn in revenue
What the company plans for years to come Kampala, Uganda | JULIUS BUSINGE | MTN Uganda recorded 9.5% surge in revenue to Shs1.98 trillion in 2020 amidst the effects of COVID-19, citing a sharp growth in customer subscribers. The company’s subscriber numbers increased by 12.3% to 14.2 million, up …
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 »Can MTN’s new CEO fix current troubles?
The South African telecom firm plans to refocus on Africa and mobile money | THE INDEPENDENT | MTN Group’s new CEO Ralph Mupita is expected to manage by capitalising on technological growth and demographic dividends within Africa to cement its position as the continent’s largest telecom services provider. He comes …
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 appoints new CEO
Johannesburg | THE INDEPENDENT | Chief Financial Officer of MTN Group Ralph Mupita will on September 1 take over from Rob Shuter as president and CEO. “After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president …
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