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MTN announces 2nd Apps developers challenge

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MTN LOGOMTN Uganda, in partnership with tech and incubation hub; Outbox Hub and Garage48 has launched the 2017 edition of the MTN App Challenge – an event that brings local innovators from Uganda, both Students and Non Students, together to create innovative mobile apps for the better good of the community.

The MTN App Challenge has over years gathered over 100 innovators and is the birth place of the ‘Yoza app’; a service application that helps users find someone in their area to do for them laundry. Other applications that got their break at the MTN App Challenge include; ‘Run For Your Life’; a 3D mobile game built to create awareness about HIV and other chronic diseases, ‘Common Sense’; a mobile app that challenges you by getting you to answer questions and you win points for all correct answers, ‘MamboPay’; a mobile phone payment solution that enables individuals or organizations to send funds to various beneficiaries using e-coupons and ‘Dawa’; an app that provides access to patient’s medical information on the go while allowing a patient to dial a health professional at any time and from anywhere.

The MTN App Challenge 2017 is the second edition, the first having been held in 2015. The 3 days Hackathon style challenge will pit talent from all over the country to innovate and create mobile based apps in the categories of; Health, Media & Entertainment, Education, Finance and Agriculture.

Commenting on the challenge, MTN Chief Marketing Officer, Mapula Bodibe said, “Digital innovations are at the heart of true transformation around the world and through programs like this challenge, we are able to create entrepreneurship opportunities especially for the young brilliant minds behind the digital revolution.”

She further noted that, “The ideas and prototypes, in many cases, already do exist. However, opportunities like the MTN App Challenge enable developers to show case and court public interest and that of potential partners to commercialize their applications.”

The Hackathon is part of a series of initiatives that will drive MTN Uganda’s innovation ambitions and through which the brand lives its mission to deliver a bold, new digital world to customers.

In an interesting twist this year, each team will be expected to register a team of at-least four (4) individuals and a maximum of five (5) with skill-sets/roles: UI/UX creative designer, software developer, marketer and project manager.

 A maximum of up-to twenty (20) teams to will be selected to participate in this year’s MTN App Challenge.

How the winners will be chosen:

1. Best M-Health App: an original concept to address the need for accessing health services in Uganda through the phone.

2. Best M-Education: the App with the most potential to extend consumption of education using the phone.

3. Best M-Media & Entertainment: the most original concept that enables Entertainment on the phone.

4. Best M-Finance: an original concept that can extend financial services to low income segment of the population via the phone.

5. Best M-Agriculture: an original concept that aims to support the Agricultural industry via the phone.

6. Overall Winner: Out of the winning Apps in the categories above, this is an Application identified as most aligned to MTN’s current objectives in Enterprise, Consumer, Financial and Digital services.

7. Audience’s Favorite: This application will be chosen by the audience as their favorite.

All Awards will be chosen and given out on 14th May 2017 as per the event program.

Awards and Prizes:

The Overall Winning app will get; a certificate of recognition for each team member, USD$2500, commercialization support through MTN, 1GB internet to all team members for 3 months, and a smartphone for each team member. The best M-Health App, M-Education, M-Media &Entertainment, M-Finance, and M-Agriculture apps will each receive USD$1,000, a certificate of recognition for each team member, commercialization support through MTN, 1GB internet to all team members for 3 months, and a smartphone for each team member.

The app that is chosen as the Audience’s Favorite will get; a certificate of recognition for each team member, 1GB internet to all team members for 3 months, commercialization support through MTN, and a smartphone for each team member.

How to Register:

Interested innovators can register their teams free of charge here.

Registration closes on 28th April, 2017. All successful entrants shall be notified by 4th May, 2017 via e-mail or through a phone call.

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Local Business

Coca-Cola Beverages Africa Uganda invests $8.35Million in brand new manufacturing line

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The official grand breaking of the Manufacturing bottle Line.

The official grand breaking of the Manufacturing bottle Line.

Coca-Cola Beverages Africa (Uganda) officially broke ground for a brand new US$8.35million (UGX 30.7billion) Manufacturing Line to bottle more on Friday.

The new bottling line at the Coca-Cola Beverages Africa (Uganda) Namanve site operated by Century Bottling Company will have a capacity of producing 24,000 bottles an hour, accelerating the production of natural mineral water to refresh and rehydrate Ugandans.

The US$8.35million (UGX30.7billion) investment will bring to Uganda the newest bottling line technology out of Germany, enabling the Company to innovate further for increasingly changing consumer demands.

The investment is part of a US$15 Million investment plan Coca-Cola Beverages Africa has for Uganda alone in 2018.

Minister of State for Investment and Privatisation, Hon. Evelyn Anite, officiated at the ground-breaking ceremony after conducting a tour of the Namanve Plant and welcomed Coca-Cola Beverages Africa’s additional investments.

She lauded Coca-Cola Beverages Africa for focusing on Uganda and spending the bulk of the US$8.35million (UGX30.7billion) within Uganda to benefit citizens and support the economy.

“Of this, I am told US$3.5million will be spent inside Uganda on civil works and construction and auxiliary services. That is a very significant amount for many reasons. First of all, that means that the bulk of the investment that we are launching today is going to be spent inside our own country and will directly benefit Ugandans. That fits well within our ‘Buy Uganda, Build Uganda’ policy and I applaud you for that. Also, your investment in a new Manufacturing Line creates more jobs for very many categories of Ugandans – which fulfills the NRM pledge to create more jobs and wealth especially for the youth of Uganda,” she said.

“As Government, we acknowledge and thank Coca-Cola for being a development partner of Uganda. On top of these investments, you also pay taxes – I understand you paid UGX140billion in taxes last year. This is a highly significant amount and we look forward to seeing it increase once this new investment begins to bear results. During the tour of the facility, it was gratifying to see the quality of your equipment and to note that you have two other bottling facilities in Uganda, and that you are still setting up more. By bottling high quality international brands in Uganda you are promoting the economy within Uganda and also promoting the country internationally,” she added.

Ag. Managing Director, Mr Patrick Oyuru assured guests of the investment commitments of Coca-Cola Beverages Africa (Uganda), which runs three subsidiaries bottling Coca-Cola products (Century Bottling Company), pure natural mineral water (Rwenzori Bottling Company) and recycling plastic waste taken from the environment (Plastic Recycling Industries).

“We employ about 1,800 Ugandans in our three plants in Kampala, Mukono and Mbarara, and support more than 90,000 businesses across our extensive retail distribution network. Coca-Cola Beverages Africa is proud to make these contributions on top of paying taxes to the tune of more than UGX140billion annually. We are serious about doing business in Uganda and supporting this economy,” he said.

He added that the investment in the brand new US$8.35million Manufacturing Line was a strong demonstration of Coca-Cola Beverages Africa Uganda`s commitment to the development of Uganda despite the tough economic conditions.

“Because of this new Manufacturing Line, our 1,800 employees and hundreds of thousands of other Ugandans involved in selling our high quality products around the country will be assured of ongoing employment because production will increase. As well, the biggest bulk of this investment will be spent inside our own country and will directly benefit Ugandans. This fits well within the “Buy Uganda, Build Uganda” policy that Government is advocating. The new will create more jobs for various categories of Ugandans – which fulfills the Government pledge to create more jobs and wealth especially for the youth. This includes employees during the construction as well as additional employees when the new line is completed. We are happy to be contributing to the development of Uganda,” he added.

CCBA management emphasized that the Company will continue to be a relevant partner with Government and called upon the officials to ensure they work to limit the challenges private sector faces in doing business

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StarTimes announces it will broadcast the 2018 FIFA World Cup in Russia.

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StarTimes has today confirmed it will broadcast all the 64 FIFA World Cup matches live and in HD. StarTimes acquired media Pay-TV broadcasting rights for the Sub-Saharan Africa to broadcast the World Cup and the theme will be “ALL 64 MATCHES IN HD AND LIVE”.

StarTimes Vice President also Brand and marketing manager Aldrine Nsubuga stated “Our current market leadership with close to 1.4 million subscribers guarantees that the 2018 FIFA WORLD CUP RUSSIA will now be enjoyed by many more households than the previous ones. This is excellent news to millions of television owners in Uganda who couldn’t watxh the World Cup due to high cost of acquisition and subscription.”

The world cup will broadcast on StarTimes on four dedicated channels which are World Football, Sports premium, Sports Life and Sports focus.

StartTimes was launched in 2010 and is now the leading digital TV operator in Uganda with 1.4 million subscribers.

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Local Business

Stanbic Bank recognised as best performing primary dealer for 2017

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Patrick Mweheire, Chief Executive of Stanbic bank receives award of recognition for the best performing commercial bank trading in the Government securities from Governor Bank of Uganda, Emmanuel Mutebile.

Patrick Mweheire, Chief Executive of Stanbic bank receives award of recognition for the best performing commercial bank trading in the Government securities from Governor Bank of Uganda, Emmanuel Mutebile.

For the 7th consecutive year, Stanbic Bank Uganda has been recognised by Bank of Uganda as the best performing commercial bank trading in the Government securities. (Treasury Bills and Bonds)

The award honours financial institutions that promote participation in trading in government securities in a bid to foster the development of financial markets and improve the secondary market trading system.

Accepting the award on behalf of the bank, Stanbic Bank CE Patrick Mweheire said, “As the most active participant in the secondary trading market Stanbic bank plays a critical role supporting Uganda’s economic growth and national developmental agenda. Last year alone Stanbic bank accounted for 30% of the 5.1 trillion shillings in Government securities traded on the secondary market.”

He also noted that the bulk of these funds are used to finance construction of much needed national infrastructure projects so vital for trade and economic transformation.

Handing over the award at BOU headquarters in Kampala, the Governor BOU Emmanuel Mutebile said, “I wish to acknowledge the role that this year’s award winner Stanbic Bank Uganda Ltd has played especially for participating in the primary auctions, market making capabilities, consistent pricing as well as timely market intelligence. Because of their effort, they have been able to ensure efficiency in the operations related to the Government securities market at the central bank.”

The 5.1 Trillion in turnover of Government securities in 2017 represented a 29% increase from 2016. In the same vein, the ratio of secondary market turnover to the total outstanding stock of Government Treasury securities increased significantly to 41.0% in 2017 from 28.9% in 2016.

Launched in 2005, the Primary Dealer (PD) system aims to promote participation in Uganda Government securities markets, to foster the development of financial markets, to improve the secondary market trading system as well as to ensure efficiency in the operations related to the Government securities market at the central bank.

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