HiPipo Money – Page 62 – Digital | Financial Inclusion | Events | Awards

Stanbic Bank Wins Best Bank in Uganda at 2017 Euromoney Awards

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July 16, 2017

Stanbic Bank Wins Best Bank in Uganda at 2017 Euromoney Awards

Stanbic Bank are happy to announce that we have been recognised as Uganda’s best financial institution at the 2017 Euromoney Awards, the world’s most recognised accolade in the Global Banking Industry.

“We are extremely proud to have received global recognition as the Best Bank in Uganda. It is an affirmation of our relentless focus on meeting our customer needs both at the retail and institutional segments. With this achievement, I would like to thank our customers for their continued loyalty and look forward to working together to achieve greatness while making real contributions to the Ugandan economy”.
– Our Chief Executive, Patrick Mweheire.

Free Money Transfers with mVisa in Kenya

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July 15, 2017

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Free Money Transfers with mVisa in Kenya

Visa announced that consumers of a Visa-led bank partnership in Kenya will be able to send money to each other domestically without paying transaction fees using mVisa. mVisa is the cost-free, secure and convenient way to pay with your mobile phone.

The partnership offering free person-to-person (P2P) transactions currently includes nine Kenyan banks which have either enabled mVisa on their mobile banking applications and/or have acquired merchants to be able to accept mVisa. These are Barclays Bank, Cooperative Bank, Ecobank, Family Bank, KCB Bank, National Bank of Kenya, NIC Bank, Prime Bank, and Standard Chartered Bank. Other banks, either live or about to go live with mVisa, include Diamond Trust Bank and Stanbic.

Bill Gates

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July 14, 2017

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American business magnate

Born: October 28, 1955, Seattle, Washington, United States
Net worth: 89.8 billion USD (2017) Forbes
Spouse: Melinda Gates (m. 1994)
Children: Jennifer Katharine Gates, Rory John Gates, Phoebe Adele Gates
Education: Harvard College (1973–1975), Lakeside School (1967–1973)

William Henry Gates III (born October 28, 1955) is the co-founder of Microsoft and is an American business magnate, investor, author and philanthropist.

In 1975, Gates and Paul Allen co-founded Microsoft, which became the world’s largest PC software company. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014. Gates stepped down as chief executive officer of Microsoft in January 2000, but he remained as chairman and created the position of chief software architect for himself. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie and Craig Mundie. He stepped down as chairman of Microsoft in February 2014, taking on a new post as technology adviser to support the then newly appointed CEO Satya Nadella.

Gates is one of the best-known entrepreneurs of the personal computer revolution. He has been criticized for his business tactics, which have been considered anti-competitive, an opinion that has in some cases been upheld by numerous court rulings. Later in his career, Gates pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.

Since 1987, Gates has been included in the Forbes list of the world’s wealthiest people. As of May 2017, Gates is the richest person in the world, with an estimated net worth of US$88.5 billion. In 2009, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.

Early life
Gates was born in Seattle, Washington on October 28, 1955. He is the son of William H. Gates Sr. (born 1925) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, Irish, and Scots-Irish. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way. Gates’ maternal grandfather was JW Maxwell, a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. He is the fourth of his name in his family, but is known as William Gates III or “Trey” because his father had the “II” suffix.[16] Early on in his life, Gates’ parents had a law career in mind for him. When Gates was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Reformed denomination. The family encouraged competition; one visitor reported that “it didn’t matter whether it was hearts or pickleball or swimming to the dock … there was always a reward for winning and there was always a penalty for losing”.

The Poker Room in Currier House at Harvard College
At 13, he enrolled in the Lakeside School, a private preparatory school. When he was in the eighth grade, the Mothers Club at the school used proceeds from Lakeside School’s rummage sale to buy a Teletype Model 33 ASR terminal and a block of computer time on a General Electric (GE) computer for the school’s students. Gates took an interest in programming the GE system in BASIC, and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by the machine and how it would always execute software code perfectly. When he reflected back on that moment, he said, “There was just something neat about the machine.” After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC), which banned four Lakeside students – Gates, Paul Allen, Ric Weiland, and Kent Evans – for the summer after it caught them exploiting bugs in the operating system to obtain free computer time.

Mark Zuckerberg

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July 14, 2017

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Chairman and Chief Executive Officer of Facebook

Born: May 14, 1984, White Plains, New York, United States
Height: 5′ 7″
Net worth: 65.6 billion USD (2017) Forbes
Spouse: Priscilla Chan (m. 2012)
Salary: One-dollar salary
Education: Harvard University (2002–2004),

Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is a co-founder of Facebook, and currently operates as its chairman and chief executive officer. His net worth is estimated to be US$63.3 billion as of May 2017, and he is ranked by Forbes as the fifth richest person in the world.

Zuckerberg launched Facebook from his Harvard University dormitory room on February 4, 2004. He was assisted by his college roommates and fellow Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The group then introduced Facebook to other college campuses. Facebook expanded rapidly, reaching one billion users by 2012. Meanwhile, Zuckerberg was involved in various legal disputes brought by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.

In December 2012, Zuckerberg and his wife Priscilla Chan announced that over the course of their lives they would give the majority of their wealth to “advancing human potential and promoting equality” in the spirit of The Giving Pledge. On December 1, 2015, they announced they would eventually give 99 percent of their Facebook shares (worth about US$45 billion at the time) to the Chan Zuckerberg Initiative.

Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year award. In December 2016, Zuckerberg was ranked 10th on Forbes list of The World’s Most Powerful People.

Zuckerberg was born in 1984 in White Plains, New York. He is the son of Karen (née Kempner), a psychiatrist, and Edward Zuckerberg, a dentist. His ancestors came from Germany, Austria and Poland. He and his three sisters, Randi, Donna, and Arielle,were brought up in Dobbs Ferry, New York, a small Westchester County village about 21 miles north of Midtown Manhattan. Zuckerberg was raised Jewish and had his Bar Mitzvah when he turned 13.

At Ardsley High School, Zuckerberg excelled in classes. He transferred to the exclusive private school Phillips Exeter Academy, in New Hampshire, in his junior year, where he won prizes in science (math, astronomy, and physics) and classical studies. In his youth, he also attended the Johns Hopkins Center for Talented Youth summer camp. On his college application, Zuckerberg claimed that he could read and write French, Hebrew, Latin, and ancient Greek. He was captain of the fencing team.

Meet Mr. Simon Cowell

Lifestyle

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July 14, 2017

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Simon Phillip Cowell (born 7 October 1959) is an English reality television judge and producer, entrepreneur, and philanthropist. He is most recognised as a judge on the British TV talent competition series Pop Idol, The X Factor, and Britain’s Got Talent, and the American TV talent competition shows American Idol, The X Factor, and America’s Got Talent. Cowell is the principal founder and chief executive of the British entertainment company Syco.

As a judge, Cowell often makes blunt and controversial comments, including insults and wisecracks about contestants and their singing abilities. He combines activities in both the television and music industries. Cowell has produced and promoted singles and albums for various singers that he has taken under his wing. He is currently appearing on the eleventh Series of Britain’s Got Talent and, recently, the thirteenth series of UK’s The X Factor along with the eleventh series of America’s Got Talent.

EARLY CAREER
In the early 1980s, he left EMI to form E&S Music with his former boss at EMI, but quit in 1983. He then formed Fanfare Records with Iain Burton, initially selling exercise videos, and music from acts such as the Italian orchestra Rondò Veneziano. He had his first hit song in 1986 with “So Macho” by Sinitta, success also came through Stock Aitken Waterman who produced a number of hits in the 1980s. However, in 1989, the company went under and he nearly became bankrupt.

He then found a job with BMG as an A&R consultant, and set up S Records under BMG. He restarted his career in the music business by creating novelty records with acts such as the puppets Zig and Zag, Power Rangers, and World Wrestling Federation. In 1995, through his persistence, he persuaded two actors, Robson Green and Jerome Flynn from the UK television drama series Soldier Soldier, to sign with him and record the song “Unchained Melody” that they had performed in the show. The recording by the duo, now named Robson & Jerome, quickly reached number 1 in the UK, staying at the top of the chart for seven weeks. It became the bestselling single of 1995, and their self-titled album released later in the year also became the best-selling album of 1995. They would release a further album and 2 more singles before quitting, selling 7 million albums and 5 million singles in total. According to Cowell, they made him his first million. Later acts he signed included Five, Westlife and Teletubbies.

Born: October 7, 1959 (age 57), Lambeth, London, United Kingdom
Height: 5′ 9″
Net worth: £325 million (March 2015)
Partner: Lauren Silverman (2013–)
Children: Eric Cowell

Airtel Uganda Mega Masappe Promo

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July 14, 2017

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Airtel Uganda has started a new exciting recharge promotion that will see subscribers win daily and weekly prizes over the next 90 days.

Dubbed ‘Mega Masappe’, the new campaign, will see subscribers win daily and weekly prizes such as motor bikes, brand new cars and cash over the next 90 days. This comes on the heels of the recently concluded Xtra Masappe data campaign which offered customers bonus for loading weekly and monthly bundles.

As part of ‘Mega Masappe’, subscribers will be required to opt into the promo by dialing *162# and selecting option 1 to opt in, option 2 to check target and option 3 to redeem their data bonus – which will be broken down into Voice, SMS and Data at 50%, 10% and 40% respectively. This bonus however does not apply to social packs, quarterly, annual and free bundles.

Daily and weekly prizes will be given away every Friday for the duration of the promo.

MTN Named leading tax payer in Uganda.

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July 14, 2017

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Uganda Investment Authority has released a list of top Ugandan tax payers, placing MTN at the top with a whooping Ugx 430,954,250,806.30 billion followed in second place by Nile Breweries with 298.3 billion, nearly half of MTN’s contribution.

Uganda Breweries and Total Uganda followed in third and fourth positions with 191.3 billion and 190.6 billion respectively. MTN Uganda has maintained the top position for several years running.
The list of the nation’s largest tax contributors was contained in Uganda Investment Authorities (UIA)’s latest status update. UIA Executive Director Jolly Kaguhangire Kamugire said these are businesses that came to do business in Uganda after they were attracted and licenced by UIA.

MTN has over the years built a solid reputation, leading the pack as a top tax payer, contributing significantly towards Uganda’s national development.

The company has also played an integral role as one of the leading initiator of CSR projects under the MTN Foundation impacting positively the lives of common people.
MTN Uganda is a joint venture between MTN International and Ugandan Businessman Charles Mbire.

Digital Financial Services is Key! #DIAA2017 Digital Brand of the Year nominees reviewed!

News

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July 13, 2017

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Digital Impact Awards Africa #DIAA2017 conducted research in which companies were assessed for their digital embrace and innovation. 6 companies emerged as the finalists with a Digital Index score between 2.81 and 3.92 out of 5 and thus are the leading contenders for “Digital Brand of the Year”.

While congratulating this year’s Digital Brand of the Year nominees on this achievement, Hon. Karubanga David (State Minister for Public Service and Member of Parliament for Kigorobya) noted that “Innovation, Use of Digital Financial Services, Promotion of Financial Literacy, Consumer Protection, and Good Cybersecurity Practice are key attributes of leading organizations. If these organizations continue to effectively deliver digital services and promote financial inclusion, they would sustainably contribute to the NRM government Operation Wealth Creation campaign.”

Find out more about the #DIAA2017 Digital Brand of the Year nominees.

Huawei Partners with WorldRemit

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July 13, 2017

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New service adds international remittances to Huawei’s suite of mobile money products servicing over 100 million accounts

[Press Statement] Huawei have announced a partnership with leading digital money transfer service WorldRemit, making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa.

The partnership, which was announced at the GSMA’s Mobile 360 conference in Dar es Salaam, enables Huawei to add a ready-made solution for remittances – a growing mobile money product offering – to its existing suite of services. By enabling WorldRemit to connect to over 100 million mobile accounts currently using Huawei’s platform, the deal will improve access to mobile money remittance for millions of people.

WorldRemit is the first international remittance company to partner directly with Huawei. The deal is expected to accelerate WorldRemit’s technical integrations with new mobile money operators. Technical integration is frequently a barrier to offering international remittances for mobile network operators (MNO’s), according to the GSMA. Together, WorldRemit and Huawei are lowering that barrier, enabling all Huawei partners to swiftly switch on this service.

“International remittance is a very important mobile money service in Africa, and our partnership with WorldRemit will bring international remittances directly to Huawei’s customers across the continent,” said David Chen, VP of Huawei Southern Africa.

“Huawei is committed to providing advanced mobile money platforms and technologies to global mobile money operators.” Ismail Ahmed, Founder & CEO of WorldRemit, said: “We are delighted to add our remittance offering to Huawei’s extensive range of services for mobile money providers. By making it easier to connect to our service, our partnership will accelerate our ability to introduce our safe, fast and low-cost remittance service to millions of people.”

Huawei built its mobile money services platform to help deliver basic banking transactions in developing countries. The technology is not restricted, and because it works on both smartphones and basic handsets, it has been particularly successful in developing markets.

WorldRemit is the leading global provider of remittances, processing 74% of all international transfers to mobile money accounts coming from money transfer operators. WorldRemit makes sending money as easy as sending an instant message.

Huawei Partners with WorldRemit. Alix Murphy, Director of Partnerships, WorldRemit, and Dr. Bello Moussa, Director of Innovation and Industries Relations, Huawei.

Huawei: Building Smart Communities In Africa

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July 12, 2017

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Huawei: Building Smart Communities In Africa

[Johannesburg/Dar es Salaam, 12 July, 2017] Huawei, which recently won a GSMA award for its NB-IoT solution, says its vision is to support and promote the concept of “smart communities” in Africa.

The global ICT solutions provider is participating in the 2017 GSMA Mobile 360–Africa conference taking place in Dar es Salaam, Tanzania. This year’s event is focused on putting mobile connectivity at the forefront of national digital strategies and leveraging the power of mobile to build smart communities and a digital Africa, inclusive for all.

During a key note speech at the Mobile 360 event, Huawei South Africa’s, Director for Strategic Partnerships & New Technologies, Dr. Bello Moussa says, “Huawei’s vision for IoT is to enable and promote a smart society, where everything is intelligent, connected and sensing. A network should be in place to unlock the connectivity that empowers a smart community.”

GSMA wants to see smart communities in Africa

According to a new GSMA study, more than half a billion people across Sub-Saharan Africa will be subscribed to a mobile service by 2020.
The GSMA says building a connected network to support the growth of smart communities is critical.

“The IoT market in Africa is huge; as a platform provider we see our role as a key enabler for the growth and development of IoT on the continent. Once deployed, IoT has the potential to create socio-economic growth in Africa. Many organisations are either already using or planning to implement IoT in their operations,” said Dr. Moussa.

Global ICT consulting and advisory firm International Data Corporation (IDC) forecast IoT revenues in the Middle East and Africa will increase at a compound annual growth rate of 21.3% over the next four years to total more than $14.3 billion in 2020. This growth would be led by IoT investment in manufacturing, transportation and utilities.

Huawei’s role in digital transformation

The goal of Huawei’s IoT solutions is to generate new revenue streams for its carrier customers in a diverse range of vertical industries including smart-home, smart metering and the connected car.

“Huawei is devoted to establishing a better IoT ecosystem by cooperating with leading global IoT players. We want to collaborate with our clients, developers and industry players to build a better connected Africa together, said Dr. Moussa.

NB-IoT is widely accepted as the best solution for Africa because the technology supports low-powered wide-area networks, allowing for wide and deep coverage. In late June 2017, Huawei’s NB-IoT solution received the “Best IoT Innovation for Mobile Networks” award at the Mobile World Congress in Shanghai.