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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As the COVID-19 pandemic rages around the world, women and girls are more vulnerable than ever. With the world staying at home due to the pandemic, we see a rise in sexual and gender based violence including domestic violence. It is a double pandemic for women and girls. Domestic violence keeps exponentially increasing and faster than the COVID -19 in…
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BY BOBI WINE & GREG MILLS. Coronavirus has laid bare the failures of aid. Instead of it being wasted or used to prop up big men, it must now serve the people’s interests. COVID-19 has changed the world. Among other things in Africa, it could lead to significant setbacks in the fight against poverty as developed countries turn inwards. The nature…
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KAMPALA, Friday, April 17, 2020 – Bank of Uganda (BoU) in its Monetary Policy Statement of April 06, 2020, made reference to credit relief measures to mitigate the adverse effects of the COVID-19 pandemic, ensuring financial sector stability, and facilitating the financial inter-mediation process during this pandemic period. The credit relief measures contained herein, do not eliminate the debtor’s obligation…
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Global stocks mostly rose Tuesday as markets embraced better coronavirus case counts in some hotspots, while oil prices slumped amid skepticism over an historic agreement by petroleum producers. Major US indices gained more than two percent, the latest positive day for stocks since officials in New York and some other hotspots pointed to progress in cutting the number of new…
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World Bank has warned African countries against copying the Western policies in combating COVID-19 and has thus applauded Tanzania for employing unique approaches. This call was in latest the Africas Purse report titled as Assessing the Economic Impact of COVID-19 and Policy Responses in Sub-Saharan Africa that was released today. The report commended Tanzania as one of the best examples…
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