According to the International Financial Centre (IFC), Africa has a credit gap of $330 billion. Some estimates put this figure as high as $800 billion. Due to low banking penetration,...
South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in...
Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for...
As Uganda’s population increasingly embraces the digital age, the country’s internet landscape is undergoing a significant transformation. The once-dominant players, Airtel and MTN, now face stiff competition from a growing...
Artificial Intelligence (AI) has emerged as a transformative force, reshaping the very fabric of our society. Born from the pioneering work of computer scientists and visionaries, AI has evolved from...
V.G Somasekhar, Airtel Uganda’s Managing Director has resigned his position as Managing Director, CEO East Africa Magazine has exclusively learnt. Raghunath Venkateswarlu Mandava the Airtel Africa CEO, broke the news…
Silver Bullet, a leading agency that brings together multi-sectoral partners who support the expansion of engineering capacity, together with Unicaf, has today announced that it will reward fifteen Science, Technology,…
Airtel Uganda on 11th February 2020 launched a Live TV and Video on Demand (VOD) service, offering a portfolio of local and international content sourced from some of the largest…
Digitalisation and the rise of digitally connected youthful travelers, coupled with a growing middle class in Asia and Africa are some of the major trends that are poised to disrupt…
First of all, let us start with a review of 2019. How would you summarise it in terms of the industry and for Airtel Uganda in particular? I think 2019…
The High Court, on Thursday, 19th December 2019 temporality stopped Capital Markets Authority (CMA) from cancelling the license of ALTX East Africa Limited until the main suit, challenging the legality of the closure itself if heard and disposed of. In this earlier interview with CEO East Africa Magazine, CMA chief, Keith Kalyegira explains why ALTX East Africa was being shown the exit and dismisses claims that they were never given time to defend themselves.
Raxio Data Centre is leading digital transformation in Uganda, by providing a world-class IT infrastructure environment that enables organisations to grow, compete and achieve their full potential.
James Byaruhanga, the company’s General Manager, in an interview with CEO East Africa Magazine, says that their tier III data centre is being built to the highest standards, ensuring that their customers can run their operations, ensure business continuity and disaster recovery in a safe and reliable environment.
He says that by eliminating the high cost of building and maintaining ready-to-use state-of-the-art technology infrastructure, Raxio Data Centre’s facility will facilitate new ways for organisations, both big and small, to build and drive new efficiencies, enrich customer experiences, enhance productivity and profitability. This will open up new opportunities for growth, stability and achieving of their full potential.
Airtel Uganda, made a profit of UGX338 billion (USD91 million) in 2018, thanks to yet another good year of sales. A meticulous 4 months research into the financials of the…
The Umeme Annual General Meeting, has today approved a UGX28.2 per share final dividend to all its shareholders for the year ended 31 December 2018. This, in addition to the…
Internet service providers in Uganda have warmed up to Raxio’s carrier neutral data centre, currently under development, saying the project will create operational efficiencies and save up the much needed…
