Author: BigEyeUg1
By Our Reporter Spotify, a popular music streaming platform, is now available in Uganda. It boasts of over 70 million international and local songs and over 4 billion playlists. The platform offers everyday new music, and algorithmic recommendations personalised to each listener’s music taste. “We are incredibly excited about the opportunity to bring together creators and listeners around the world. As we’ve expanded our international reach over the years, we’ve connected over 8 million artists with listeners across nearly every continent, putting Spotify firmly at the heart of the global audio economy,” said Alex Norström, Chief Freemium Business Officer of…
By Our Reporter According to a Stanford study on banking in Africa, over 74% of households in Uganda are unbanked. Additionally, the World Bank found that “up to 60% of adult Ugandans still keep their savings at home and in the form of assets such as animals”, a shocking statistic within the modern economy. Indeed, Ugandans inability to have proper savings accounts, invest, or easily make remittances has created a substantial conundrum for the East-African nation. This poses a major challenge for economic growth, as Ugandan financial institutions are unable to support the financial activity that is key to creating…
By Our Reporter The High Court Commercial Division on February 19th, 2021 dismissed the suit by Simbamanyo Estates Limited in which city architect Peter Kamya, through his lawyers of Muwema & Co. Advocates, accuses Equity Bank of allegedly colluding with other people to sell his properties to Sudhir Ruparelia’s Meera Investments and Ronald Luwangula’s Luwaluwa Investments respectively. The ruling was made by High Court Deputy Registrar Her Worship, Lillian Bucyana, in the absence of the plaintiffs, Simbamanyo and or their lawyers. Ms Bucyana, on Wednesday February 17th, 2021 issued an ex-parte ruling/order that the “suit is abated for failure to…
By Our Reporter Stanbic Bank Uganda has launched a new campaign dubbed “Now-Now loans” aimed at offering customers quick and affordable loans to overcome financial challenges in the wake of the Covid-19 pandemic. Speaking at the launch, Grace Muliisa, the Stanbic Bank’s Head of Personal and Business Banking said, “We understand that the impact of the novel Covid-19 pandemic still exists. A host of individuals both in the private and public sector, continue to experience financial stress. This coupled with a high cost of living and delayed payments, has depleted their savings reserves” “As the bank that drives Uganda’s growth,…
By Our Reporter MTN Uganda has unveiled more internet data bundles with no expiry date aimed at serving customers with higher volume data needs. Dubbed the ‘MTN Freedom Bundles’, these data bundles with no expiry were first introduced in 2019. They were however limited to a specific volume allocation. Despite the volume limitation, the MTN Freedom bundles were well received by the MTN Data customers, prompting MTN to take the offer a couple of notches higher, by introducing high volume data bundles that still come with the coveted feature of having no validity date. While launching the new high volume…
By Our Reporter In keeping with growing and investing in the health of young people, Reach A Hand, Uganda (RAHU) and partners joined youth in Kampala to celebrate Valentine’s Day with a mobile Love Caravan, that traversed the city sharing Sexual Reproductive Health (SRH) information with emphasis on safe sexual behaviour and the importance of knowing one’s HIV status. The Love Caravan themed “Love Boldly” was geared towards imparting Sexual Reproductive Health knowledge and empowering young people to take positive action towards their health and lives. The Caravan moved through hotspots in Kampala picking up young people and engaging them…
By Our Reporter At the end of last year, the MTN Foundation Uganda launched an exciting training opportunity for the youth, dubbed the Youth Empowerment Program with the aim of offering technology training to at least 100 youths, in the various areas of their interest as the country embraces the Fourth Industrial Revolution. The lucky winners for the program have today been announced. While announcing the winners, Wim Vanhelleputte, the MTN Uganda Chief Executive Officer said that this is one of the many initiatives that MTN Uganda has put in place to enable the youth tap into the limitless possibilities of…
By Our Reporter In a bid to boost agricultural production through brand development and communication in Uganda’s agribusiness sector, Publics Africa Communications, a local Public Relations firm, has announced the ‘I am an Agriprenuer Youth Programme’ and is calling for applications from all interested youth from across the country. The ‘Iam an Agripreneur’ initiative is aimed at encouraging engagement in modernized agriculture practices mainly for commercial purposes. The new programme is bent on giving youth a platform to present innovations in agricultural technology, share expert knowledge about modernizing agriculture and develop a saleable/ marketable product and standards. “We believe that…
By Our Reporter Huawei Uganda has announced a new free Artificial Intelligence (AI) study aimed at accelerating training and upskilling Uganda’s ICT professionals with the latest industry technologies. The Artificial Intelligence (AI) course is an addition to the already existing Huawei professional certification path which includes on-demand ICT industry courses like Routing and Switching, Cloud computing, wireless, network security, Big Data, Data Communications, among others. Initial ICT Academy training on courses under the Huawei professional certification path started in 2019, and continued in 2020 with new virtual trainings due to the COVID19 Pandemic. In 2021, the addition of AI under…
By Our Reporter MTN Uganda has announced a one-year sponsorship deal for record breaking athlete Joshua Cheptegei. Following several years of support to athletics in Uganda, Cheptegei becomes the first individual athlete to ink such a deal with the telecom giant. As part of the sponsorship deal, the teIecom company also announced shs100million contribution that will go towards the Cheptegei Foundation, an organisation started by the athlete to develop young athletics talent in the country. The foundation is based in Kapchorwa. In addition, MTN also announces a performance package for the athlete if he wins an Olympic Gold, or any…