With the increasing innovations and diversification of consumer needs, there has been a steady increase in entrepreneurial ventures. For startups, it is important to work smart in the ever-changing economy. A well thought out business plan is always the first step towards establishing and growing any business. According to FastCompany, 75% of venture-based startups never return cash to investors within…
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At least $ 2 billion was transacted everyday through mobile money platforms globally, a report has noted. The State of the Industry Report on Mobile Money’, is produced by GSMA, an organisation which represents the interests of mobile operators worldwide, uniting more than 750 operators and nearly 400 companies in the broader mobile ecosystem. This year’s report looks at what…
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Sellers of eggs in Kampala are stuck with hundreds of trays as the economy shut down due to coronavirus meaning key clients locally and abroad no longer buy. This has seen the price of a tray of eggs fall by at least 2000 shillings to just Uganda shillings 8,000 for the retailer buyers. Those buying in bulk can get a…
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By Sudhir Ruparelia We are entering into recession period globally and the exception is likely to be India and China with 2% GDP growth in 2020 which is way below 5 – 8% they have experienced in the past several years. For the benefit of all, I am sharing my perspective on such scenario on few aspects as below: What…
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Muhammed Nyombi, the Mbarara Central Market Chairperson says the toilets are outside which puts lives of those that will sleep in the market at risk of contracting more diseases. Mbarara Central Market has temporally been closed by the District Task Force after the vendors failed to maintain the four-meter distance. The District Task Force led by the Resident District Commissioner…
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With people working from home and schools closed the networks experience a much higher load. In an attempt reduce pressure on network infrastructure, Netflix reduces the streaming bitrate of its service. Similar measures have been made in other regions in the world. Given the crisis, we’ve developed a way to reduce Netflix’s traffic on telecommunications networks by 25% while also…
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Companies that have embraced more digital ways of working have been far less impacted. Several slower respondents are turning their focus away from only the cost benefits of cloud-based solutions to the agility and responsiveness that they now require. The more connected businesses are those that will survive. Several years ago, Silver Bridge identified the cloud as a key business…
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Uganda’s largest Telecom service provider, MTN, has launched a MoMoPay account for its customers to support the Red Cross towards efforts to combat the spread of the corona virus pandemic in the country. On 31st March 2020, MTN launched a Merchant Code 191919 that customers can use to donate funds to support the cause. Customers can dial *165*3*191919# to donate…
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What do you do with your old Android phones or tablets? That question usually prompts three tired answers. You might trade them in for a new purchase. Or you could resell them for cash. Probably, though, you will just stuff them in a drawer as emergency backups. Better options that would let you continue to get value from your aging…
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Facebook has finally launched its Messenger App for desktop that will enable you to communicate with friends and family across the world. The app is now available on the Microsoft Store and Mac App Store, lets you start video calls, just like on the mobile and web versions. It also includes a dark mode, which Facebook has been rolling out as one of…
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