East African Business Notifier

BY PAUL TENTENA Oracle, a multinational computer technology company known for its database software, cloud computing services, and enterprise software particularly its Oracle Database and cloud applications has announced that it will open a data center in Kenya to cater for the eastern African region market. According to Sam Steins the Account Cloud Engineer/Director Oracle Cloud Infrastructure Africa, the move will ensure that Oracle taps into the growing market potential in the region. “We will soon open a data center in Kenya for this region. In Africa, we have our data centers in Johannesburg South Africa and Casablanca Morocco,” said Steins during the “ Empowering Innovation: The Digital Edge, ”  where cutting-edge technology meets real-world solutions to redefine the future of business in the digital era workshop held at Serena Kampala Hotel. The half-day workshop showcase d how innovation and technology can transform organization s while featuring industry-leading...

By Julie McCarthy The ten most expensive climate disasters of 2024 – the  hottest year on record  – cost more than  $229 billion , while extreme weather events have left fewer and fewer countries unscathed.  Deadly floods in China, Germany, and Kenya, scorching heat waves in India, prolonged droughts in Brazil, and, most recently, major wildfires in the United States and Ghana highlight the increasingly severe ripple effects of nature degradation and climate change on economies and societies. The global economy depends on a stable climate and reliable ecosystem services, including the provision of fresh water, healthy air, erosion and flood control, pollination, climate regulation, and carbon sequestration. According to the European Central Bank,  nearly 75%  of all eurozone bank loans are provided to firms that are highly dependent on at least one these ecosystem services. The economic implications of this dependence are profound. In the United Kingdom, en...

  The WMO Hurricane Committee has retired the names Beryl, Helene and Milton from its Atlantic basin name list and John from the eastern Pacific basin name list because of the death and destruction these storms caused in 2024. Hurricane Beryl was the earliest Atlantic basin Category-5 hurricane on record, with major impacts in the Caribbean. Hurricanes Helene and Milton caused catastrophic damage in the United States. Hurricane John triggered deadly and extended flooding in the Mexican state of Guerrero. The names Brianna, Holly and Miguel were selected as replacements in the Atlantic basin and Jake in the eastern Pacific. The  lists of names, which are overseen by WMO , help in the communication of storm warnings and to alert people about potentially life-threatening risks.  The names are repeated every six years, unless a storm is so deadly that its name is retired. The naming convention – whilst attracting the most public attention – is only a small part of the life-sa...

Airtel Uganda launched its 2025 nationwide Iftar campaign to celebrate the spirit of Ramadhan by supporting Muslim communities across the country.  The month-long initiative will see Airtel host Iftar dinners across nine regions of Uganda, namely: Kampala, Mbale, Gulu, Kabale, Luwero, Jinja, Fort Portal, Masaka & Arua,  bringing the holy month celebrations closer to the communities it serves. The campaign, which reinforces Airtel's commitment to community engagement, will feature bi-weekly Iftar dinners throughout the month of Ramadhan, with each event hosting 150 guests including senior religious leaders from the respective regions. Speaking at the launch, Airtel Uganda’s Sales & Distribution Director, Ali Balunywa highlighted the essence of this holy period. He said, “Every year, the holy month of Ramadhan reminds us of the values of faith, gratitude, and community.  "It is a time of reflection, generosity, and coming together to share in the blessings of Iftar....

By Adons Aryong  There was a time when snaking queues outside banks was a normal sight at the beginning of the school term.   In one bank, so as not to inconvenience the other clients, they dedicated space in the basement parking area to handle school fees payers. Woe onto you if you were not ready and seated at 7 am, you would be assured of many hours of waiting to pay.  In order to speed the process along you filled in fees slips, made sure your money was in the correct denominations, and was the exact amount, including the sh2000 banking fees. When you paid you left a slip with the bank, you took another to school, and you kept one for yourself.  How times have changed.   In a trend we at Post Bank are experiencing daily and is mirrored around the industry, we have seen school fees payments over the counter collapsing from up to 80 percent to just about 20 percent in the just concluded school fees payment cycle.  People are now using our mobile and ...

Huawei Technologies Uganda has announced the successful completion of the Digital Skills Training program through its innovative DigiTruck corporate social responsibility activity.  At the graduation ceremony, a total of 851, 493 (58%) male and 358 (42%) female market vendors graduated from the Digital Skilling initiative spearheaded by the Ministry of ICT & National Guidance in collaboration with the National ICT Innovation Hub, MTN Uganda Foundation,   Centenary Technology Services (Cente-Tech), and the Uganda Institute of Information and Communications Technology (UICT) to bridge the digital divide gap and leaving no one behind. The graduation ceremony, held on 12 th  March at the UICT National Innovation Hub, marked a significant milestone in empowering small business owners and market vendors across the Kamwokya Community Centre, Kamwokya Market, Kamwokya Mosque, Kitintale Market, Port Bell Market, and Usafi Market. with essential digital skills to thrive in the ...