The rush for investment into the East African Marine System (TEAMS), the first undersea fibre cable to link the region with the Middle East is on as Kenyan firms rush to claim a stake.
The race to link Eastern Africa to the global network of highspeed Internet has moved into high gear with the start of work on a submarine fibre optic cable by one of the builders.
THE Vice-President, Prof. Gilbert Bukenya, has urged public servants to acquire laptops under a new scheme he launched on Friday at the Sheraton Kampala Hotel.
After a failed attempt to capture the Nigerian telecom market some few years back, Thuraya Corporation, providers of Thuraya satellite phone services, may have reviewed its business strategies to come back to the market.
Global software provider Temenos is set to increase its operations in Kenya hoping to tighten its grip on the vibrant financial sector with its banking software offer.
UGANDANS have moved quickly to open the Central Depository System (CDS) accounts, a system that facilitates holding of securities electronically, to enable them purchase shares in East Africa's biggest and most profitable company, Safaricom.
Uganda is to set up a committee to discuss the Kigali protocol, under which the New Partnership for Africa's Development (Nepad) will build the UHURUNET sub-marine cable.
Mobile phone banking in Kenya has moved to a new level with the first banking outlet, Housing Finance, signing a cooperation pact to allow at least 1.6 million users of mobile phone banking facilities to access and transfer cash.
The Safaricom IPO has provided an opportunity for new graduates and financial professionals as stockbrokers and investment banks have been on a recruitment drive for new staff as they hire premises and computers.
Adoption of Open Source Software (OSS) as an alternative to copyrighted products is seen as a promising solution to software piracy in developing countries like Kenya.
TELKOM stock fell yesterday after the company said it was slashing its proposed investment in a pay-TV division and rejecting an investment proposition by Saudi operator Oger Telecoms.
Last week's revelation by Air Traffic Controllers that communication, navigation and surveillance facilities are virtually non-existent in the nation's aviation sector should confound concerned Nigerians especially air travellers.
THE Government and stakeholders in information and communications technology (ICT) are to set up a team of experts to develop a position paper on the building of the African submarine cable.
BEFORE the arrival of Warid Telecom, one could easily have observed that huge sections of the local telecommunications customers were like a couple blessed with children of one sex and, now, were anxiously hoping the coming baby was of the
The Safaricom IPO has so far attracted more than 10,000 new investors to the capital markets in the two weeks since the offer timetable was unveiled on March 14.
