Current fintech surge to further disrupt traditional bank sector Traditional banks will fall even further behind in market share and customer experience due to the global coronavirus pandemic, warns the CEO of one of the world’s largest independent financial advisory organisations. The comments from Nigel Green, founder and chief executive of deVere Group, follow research that the use of financial…
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Facebook’s new group video chat feature Messenger Rooms is getting ready to compete with services like Zoom, Skype, and Microsoft Teams, as more people turn to video chat amid coronavirus lockdowns and quarantines. Facebook users will soon be able to create a video chat room from Facebook or the Messenger app, and invite anyone up to 50 people to join a video call — even if they…
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The COVID-19 era has brought a change in routine for most of our activities and schools have been closed for weeks. Learners are at home and not all schools provided learning material plus there are also challenges in accessing the internet for some learners. MTN Uganda in support of the fight against the spread of the Coronavirus has been offering free…
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The Wireless Broadband Alliance (WBA), the body leading development of next generation Wi-Fi services, today supports the decision by the Federal Communications Commission (FCC) to open up the 6GHz frequency band for use by Wi-Fi 6 technology. It declared the release of the spectrum would bring radical change for the Wi-Fi industry in terms of service speed, hyper low latency…
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Facebook has become the largest minority shareholder in Indian oil and telecoms tycoon Mukesh Ambani’s cut-price Jio mobile internet network with a $5.7 billion deal. KEY FACTS Facebook and Jio said they planned to work together to connect India’s army of 60 million small shopkeepers, known locally as kirana, with WhatsApp users via the mobile network’s eCommerce platform. The deal is Facebook’s largest…
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The main union representing journalists in Britain is calling on the government to triple a tax on global tech giants to support the industry, as it faces fresh shocks from the coronavirus outbreak. Sector analysts predict that as many as 5,000 journalists could lose their jobs without state intervention, as the national lockdown hits already declining print sales and dwindling…
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MTN has been awarded the most valuable telecom brand in Africa in a recent annual report by Brand Finance, a leading independent brand valuation consultancy. The report stated that MTN’s brand value was boosted by a solid overall performance for the year, despite challenging economic conditions and regulatory challenges in some markets. Brand finance also recognised MTN for its focus…
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Samsung Electronics has today achieved the industry’s fastest 5G speeds in a lab demonstration that combined 800MHz of mmWave spectrum with MU-MIMO (Multi-User, Multiple-Input, Multiple-Output) technology. Using two test mobile devices, the demonstration achieved approximately 4.3Gbps speeds on each, reaching an industry peak speed of 8.5Gbps across both devices. In order to achieve the speed, two key technologies were used:…
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Tigo Tanzania launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda. The service now ensures that Tigo Pesa customers are connected to all major mobile money serivces across the East African region a move that will grow…
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By Prof. Venansius Baryamureeba, Chairman Board of Directors UTAMU In December 2019, UTAMU acquired 20.43 acres of land on Block 82 Plot 6 Kkungu, Matugga, Kyaddondo, Wakiso District on leasehold register of 49 years from the Kampala Catholic Archdiocese Land Board for the UTAMU Research and Innovation City. The UTAMU campus in Kkungu, Matugga, Kyaddondo, Wakiso District, which is approximately…
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