Author: Our Reporter
When a peacock is lying down, one can hardly appreciate its beauty. But when it stands and its wings are fully spread, it reveals one of the most beautiful color patterns. The same applies to digital data. Because data is unstructured and is everywhere, very few people get to appreciate its significance. It is for this reason that a Tanzanian data science consultancy firm called AfroPavo Analytics introduced a product called Tausi, to reveal the beauty of Data. Tausi, which means Peacock in Swahili, is an intelligent credit-risk scoring engine that quantifies the creditworthiness of a consumer through formal and…
One of the biggest challenges faced by start-up businesses is poor record keeping, which results in the inability to make proper business analyses. The other key challenge is managing payments and money in general. It is these problems that prompted Emmanuel Kimaro, to start Bizzyn, a business management tool that enables users in accounting, inventory, payroll, tax filing, invoicing, bank account tracking and reconciliation, expense management, budgeting, payment processing, and accounts receivable and accounts payable management. According to Emmanuel Kimaro, the Bizzyn founder and CEO, the company gives power to business owners, especially Small and Medium Enterprises, to fully…
Airtel Mobile Commerce Uganda Limited (AMCUL), the provider of affordable and secure financial services in Uganda has today announced that they will pay interest to the tune of UGX 3.4bn on customers’ daily balances for the past 91 days. Following the approval of the Trustees of Airtel Mobile Commerce Uganda Limited by the regulator, Bank of Uganda, the leading e-commerce solutions provider has today begun the payment of interest on quarterly balances to over 18 million customers that have an Airtel Money account with AMCUL. The announcement was made today by AMCUL Managing Director, Mr. Japhet Aritho at their headquarters…
Nomanini is a South Africa-founded payments platform that connects financial service providers and fast-moving consumer goods companies to consumers. Founded in 2011, Nomanini, which means ‘anytime’ in the ‘Siswati’ language, started out as a point-of-sale gadget distributor to retailers where they could be able to sell airtime to customers. It has since expanded to offer a wide range of financial services in Zambia, Kenya, and beyond. Our team talked to Paul Nyamweya, Nomanini’s Regional Partnerships Manager for East Africa. He explained the evolution of Nomanini, challenges, and opportunities. QN: It is more than 10 years since you came into existence:…
Uganda will be making over 12 trillion dollars in prospects of the newly discovered 31 million metric tons of gold deposits, this is likely to push Uganda to the middle income status if not a first world country, if east African governments work together to demolish the escalating illegitimate gold traders in the region. This was brought to our concern after a group of Asian nationals, Frahanz Ddalu, Muhammed Shahma, Tzumpi Fredrick, Nganwa Sompson and Shaikh Muzammil all based in Dubai have successively invested their money in gold smuggling from Congo, with operations all over East Africa working with extremely…
It is now 22 years since one of East Africa’s oldest financial technology companies, Craft Silicon launched operations. What started as a back-end financial solutions company has since transitioned into a huge banking and financial inclusion enabler providing a wide range of solutions, from core banking, microfinance, anti-money laundering, and electronic payments among others. According to Vivek Bhirud, the Craft Silicon Country Head, while their primary goal was to provide backend core banking and microfinance solutions, experience over the years made them realize that financial inclusion can only be achieved if you provide the entire value chain in business…
Red Card Movement leader Kizza Besigye blocked at Igar Jinja as he heads to soroti. His vehicle is surrounded by two pick up trucks. Besigye was going to Wake Up people on Soroti and also campaign for FDC candidate Attan Moses.
After the sheikhs became the owners of “Manchester City”, the club has become one of the most active in the transfer market. However, not every signing of the team was successful. By the way, top online betting sites in Uganda – 1xBet covers all the confrontations involving this team. Maicon is the worst signings for “The Citizens”. The Brazilian joined the team in 2012 after moving from “Inter”. Just a couple of years earlier he had made a treble with the “Nerazzurri”, making him one of the best defenders of the world. By the way, you can watch the matches…
FinTech Uganda Limited, a subsidiary of FinTech Group is one of the oldest financial technology companies in Africa with a variety of fully integrated models that assist over 240 financial institutions across Africa to manage payments and collections, asset financing, mortgage business, and insurance premium financing, among others. Having opened shop back in 1993, FinTech Group has mastered the art of providing technology solutions to organizations in more than 20 African countries, including supporting and implementing financial and technology solutions to over 20 banks and institutions in Uganda alone. According to Hazel Were, a Software Engineer and Business Development Executive…
QN: Fresh Dairy has recently unveiled a new campaign – Milkygoodness. Tell us what the campaign is all about. Milkygoodness is a new campaign through which Fresh Dairy has heightened communication for its Fresh Dairy Longlife milk which has an Extended Shelf Life of 90 days. QN: Why does Fresh Dairy Longlife UHT milk last 90-days?Fresh Dairy has invested in state-of-the-art equipment which ensures sterility throughout the entire process of producing Fresh Dairy Long life milk. The process of making Fresh Dairy Longlife milk involves pasteurization of milk, ensuring a closed processing system and usage of food grade high quality…