Connect with us

Leader board

Local Business

dfcu Bank to Accelerate Digitisation of Bank System in partnership with Laboremus

Published

on

dfcu Bank's Chief of Business and Executive Director; William Sekabembe.

dfcu Bank’s Chief of Business and Executive Director; William Sekabembe

dfcu Bank is in the initial stages of designing an innovative solution for on-boarding new customers. This follows the signing of a contract with the FinTech Company Laboremus Uganda on the 19 th of March 2018 to accelerate the digitization of its banking systems.

The contract will allow the partners to jointly design a solution that will drastically reduce the time and paperwork required for opening an account, while being adapted to the local market needs. With the expansion of agency banking in Uganda, it is key to leverage technologies such as mobile, as well as take advantage of the new National ID card system. All this will lead to banking that is safer and more convenient for customers, especially in remote areas with a special emphasis on SMEs, women in business, investment clubs and farmers.

Shell new fuels have arrived in Uganda. Find out more here

“Technology and innovation have become key strategic areas of investment for any financial institution in the digital age. We want to leverage capacity locally and from abroad to supplement our own team and to fast track results on our banking experience,” says dfcu Chief of Business and Executive Director, William Sekabembe.

Laboremus Uganda, which is partially Ugandan owned, is part of the Laboremus Group from Norway which specialises within software for the banking sector. In 2013, the company was set up as a joint venture in Uganda, with offices in Bugolobi. Developers in Kampala have for the last five (5) years, been closely involved in the development of solutions for the European market. The company has a dynamic team of experts, consultants, innovators and digital transformation specialists, in addition to software developers.

The partnership between dfcu Bank and Laboremus will give dfcu access to technology and practices currently applied in Scandinavia, a region known to be ahead of the rest of the world when it comes to digital banking and FinTech. In addition to development of key software, the partners will, through agile processes, develop innovations that will put dfcu bank at the forefront of the next generation of banking.

“Partnering with dfcu bank, the second-largest bank in Uganda, is a great opportunity for Laboremus to show that our combination of exposure to the Scandinavian market as well as deep knowledge of the local market can be a winning combination for innovation in the financial space”, Timothy Musoke, the Head of Technology in Laboremus adds.

(Visited 1 time, 1 visit today)

Local Business

Sheebah and Fik Fameica blaze up Kabale

Published

on

By Staff Writer

The MTN Expo has gone regional as top telecom company MTN Uganda celebrates 20 years and where best to celebrate the first edition of the regionals than the beautiful Kabale district?

Shell new fuels have arrived in Uganda. Find out more here

Yes, this week, MTN top bosses including Gordian Kyomukama the acting CEO, Sen SomDev the acting Chief Marketing Officer, Martin Sebuliba the Senior Manager Brand and Communications among others made their way to the South Western Uganda district to celebrate with their customers.

In the midst of several lined up activities that included charity, bicycle race competitions and the like, the company heads held a music festival that saw queen Sheebah from the Team No Sleep music power house and top award winning young rapper, Fik Fameica headling the show.

Kabale residents were left amazed by Sheebah’s talent as some said that this was a miracle to see the queen herself in Kabale.

In came Fik Fameica who left no stone unturned in his performance leaving the Bakiga amazed.

Also on the lineup was Kabale born comedian and Comedy Store UG proprietor, Alex Muhangi, Comedian Anne Kansiime’s sister and musician, Shine Omukiga among others.

MTN surely gave back to Kabale. We have the photos.

(Visited 1 time, 1 visit today)
Continue Reading

Local Business

dfcu Bank supports Rotary Blood Bank initiative

Published

on

dfcu CEO Mathias Katamba hands over cheque for Rotary Blood Bank Mengo.

dfcu CEO Mathias Katamba hands over cheque for Rotary Blood Bank Mengo.

By Our Reporter

dfcu Bank has announced a contribution of UGX 15,000,000 as one of the sponsors of the upcoming Transformational Leadership Forum and the Kirk Wallum Jazz concert slated for 7th March 2019. The contribution is towards fundraising efforts for the Rotary Blood Bank at Mengo Hospital which was constructed by Rotary and its partners.

Shell new fuels have arrived in Uganda. Find out more here

The announcement was at dfcu Bank’s head office in Kampala where the Bank’s Chief Executive Officer, Mathias Katamba, handed over a cheque to Dr. Emmanuel Katongole, Chairperson Rotary Blood Bank Program.

The initiative intends to raise $500,000 in order to equip Mengo Hospital with a fully-fledged Blood Bank which can test, process and pack safe blood before being distributed to other health centres.

According to dfcu CEO, Mathias Katamba, “It is unfortunate that, patients still die or suffer unnecessarily because they do not have access to safe blood transfusion. The timely availability of safe blood and blood products is essential in all health facilities. It is possible to bridge the gap, between blood requirements and annual shortfall of 100,000 units of blood in Uganda, if each one of us gets involved in initiatives such as these.”

“Our support towards this cause is directly in line with our brand promise of Making More Possible for the diverse communities in which we operate. People are at the heart of our Corporate Social Investment (CSI) agenda and the need for accessible safe blood is universal, so we are more than glad to make our contribution to this cause. We will be unveiling more community investment initiatives this year as dfcu celebrates 55 years of existence,” Katamba added.

“We are happy to have dfcu partner with us on a cause that will enable the Rotary Club make a significant contribution in meeting the annual deficit of 100,000 units of blood. Our target for this year is to equip the Mengo blood bank so that-it is a fully fledged facility which can test, process and pack safe blood. The contribution from dfcu towards our fundraising efforts is commendable,” said Emanuel Katongole.

dfcu Bank has a history with Rotary and has been a part of several fundraising initiatives including the Rotary Hospital in Mukono where dfcu made a contribution of UGX 150M towards its construction.

(Visited 1 time, 1 visit today)
Continue Reading

BigEye Money

Huawei Presents Its Simplified 5G and SoftCOM AI Solutions at the MWC Barcelona 2019

Published

on

By Staff Writer

Huawei has been committed to helping operators expand their business boundaries and achieve new growth through innovations in networks, services, and business models. To this end, Huawei is presenting its end-to-end 5G products and solutions at the event, such as simplified 5G sites, architecture, protocols, and operations & maintenance (O&M). These new offerings will help operators quickly deploy 5G networks on a large scale. Huawei has also launched the SoftCOM AI solution, which will help build autonomous driving networks of the future and maximize the value of telecom networks.

Shell new fuels have arrived in Uganda. Find out more here

5G has arrived, and AI has become a new general-purpose technology. Innovation will never end and humanity will continue to develop, driven by advancements in science and technology. The intelligent world of the future will be a “Digital Village” where everyone is included and closely connected.

At this year’s event, Huawei is expanding on the theme of “Building a Fully Connected, Intelligent World”. Huawei’s main exhibition hall – Hall 1 – was designed around the theme of “The Digital Village”, representing the combination of technology and culture. The “Digital Village” provides a platform that brings together global industry elites and KOLs, allowing them to exchange ideas and discuss what challenges and opportunities the fully connected, intelligent world will bring to humanity.


Huawei’s main booth at Hall1 in Mobile World Congress 2019

Huawei’s main booth at Hall1 in Mobile World Congress 2019

Huawei has maintained absolute leadership in 5G solutions through ongoing investment in R&D. The high 5G network performance and strong delivery capabilities make Huawei a partner of choice. So far, Huawei has signed over 30 commercial 5G contracts with operators around the world, and shipped over 40,000 5G base stations. Its aim is to help operators jump start 5G and deliver a high-quality 5G user experience.

In Hall 1, Huawei is showcasing its end-to-end 5G products and solutions, ranging from simplified 5G sites and 5G integrated transport, to 5G cloud core and simplified 5G O&M. It also demonstrated its core technologies behind the new products and solutions, including radio frequency, optical transmission, IP, and IT. All of these are evidence of Huawei’s extensive experience in R&D and strong innovation capabilities.

Huawei was the first company in the industry to launch commercial 5G chips and devices, and has worked with the industry to drive 5G maturity and commercialization. Huawei demonstrated 8K high-definition (HD) livestreaming on Vodafone Spain’s 5G network, and showcased new applications such as Cloud VR, cloud gaming, and cloud PCs. These applications showed that 5G will bring a better life for everyone.

Under the support of Huawei, multiple European operators, including Vodafone, announced that 5G networks are now ready for commercial use. Huawei also signed 5G contracts with many operators from around the world.

In addition, Huawei presented its idea for autonomous driving networks, as well as its full-stack, all-scenario SoftCOM AI solution, with the aim to significantly improve operating efficiency, network performance, O&M efficiency, and user experiences. The SoftCOM AI solution enables “0 bits, 0 watts” and adaptive beam adjustment, thereby maximizing the value of telecom networks.

Huawei is actively innovating networks, services, and business models. It works with customers to redefine the business models and boundaries of the telecom industry, and ultimately help operators succeed. This will be achieved through a portfolio of innovative business solutions, including IoT cloud services, personal mobile services, five-star premium home broadband, and cloud-network convergence.

Huawei has worked closely with industry organizations, and has made key contributions to future network infrastructure, cyber security, and security policies and standards targeting vertical industries. Huawei is the world’s one and only telecom equipment vendor that is subject to and passes inspections against the highest-level standards. This ensures Huawei can create more secure and trustworthy products and solutions for its customers.

At this year’s event, Huawei is exploring cyber security mechanisms and standards that are suitable for Europe by holding forums and announcing joint initiatives with major industry organizations. Together, they will drive fair, open, trusted, and secure cooperation across the industry.

This is the first time that all of Huawei’s three business groups (BGs) – Carrier BG, Enterprise BG, and Consumer BG – have participated in the MWC. Huawei’s Enterprise BG showcased four star products: the industry’s fastest OceanStor Dorado series all flash storage; the world’s first AI-powered data center switch; the world’s first Wi-Fi 6 access point (AP) for commercial use; and the X series cameras – the world’s first AI-powered software-defined cameras. Huawei’s Consumer BG showcased multiple popular devices, and launched the world’s first foldable 5G smartphone.

MWC 2019 runs from February 25 to 28 in Barcelona, Spain. Huawei is showcasing its products and solutions at booth 1H50 in Fira Gran Via Hall 1, booth 3I30 in Hall 3, the Innovation City zone in Hall 4, and booths 7C21 and 7C31 in Hall 7. For more information, please visit http://www.huawei.com/mwc2019/.

-End-

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 180,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei
http://www.facebook.com/Huawei
http://www.youtube.com/Huawei

(Visited 1 time, 1 visit today)
Continue Reading

Facebook

HOT RIGHT NOW