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telecom companies

Government to blame for failure to install intelligence network system to monitor telecom companies’ proceeds – Balidawa

Government to blame for failure to install intelligence network system to monitor telecom companies’ proceeds – Balidawa

The member of parliament for Kigulu north in Iganga district Edward Balidawa Kafufu  has blamed government for its failure to install the intelligence network system that will monitor the exact proceeds got by telecom companies from things such as airtime and SMS. Edward Balidawa Kafufu who is also one of the members of parliament on the […]

How hackers dig into people’s bank accounts and steal money

  According to, Mustapha Mugisa, a forensic specialist with Summit Consulting, a firm based in Uganda’s capital city Kampala, thousands of people in Uganda are losing mobile money in hands of hackers. He says that hackers and conmen target peasants and other lower end people who use the mobile money services as savings bank accounts […]

Traders strike in Uganda ends

 Ugandagovernment has lost over 6 billion shillings during the three day traders strike in Kampala Capital City Authority. On Wednesday this week thousands of Traders inUgandaespecially inKampalaclosed their shops protesting against the high interest rates commercial banks charge on loans.  The traders strike was peaceful although the police arrested some of the traders it suspected […]

Telecom companies asked to reinvest profits in Uganda or sell shares to Ugandans

President Yoweri Museveni has directed telecommunication companies in the country to sell off some shares to Ugandans. The president says it is unfair for these companies repatriating huge amount of “abnormal profits” they are making in the country with Ugandans not benefiting much. The President said he has been informed that the South African owned […]

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