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TECH NEWS

FRAUD: Banks, Telcoms urged to embrace Bug Bounty programs

Kampala, Uganda | THE INDEPENDENT |  The Uganda Bankers Association has endorsed the Bug Bounty Program as part of efforts to improve the security of the financial industry against cybercrimes. The Bug Bounty is the monetary reward offered to ethical hackers who specifically uncover and document vulnerabilities for application developers. …

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Makerere don warns youth on reliance on Artificial Intelligence

Kampala, Uganda | THE INDEPENDENT |  Makerere University Deputy Vice Chancellor in Charge of Academics, Professor Umar Kakumba, has warned young people, particularly students, to exercise caution in their use of Artificial Intelligence (AI) to prevent the potential erosion of creativity. He made the plea while addressing a gathering at …

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UBTEB, engineers’ institute concerned over limited TVET trainees attachment opportunities

Kampala, Uganda | THE INDEPENDENT | The Uganda Business and Technical Examinations Board and the Uganda Institute of Professional Engineers have jointly expressed their apprehension regarding the increasing obstacles faced by Technical and Vocational Education and Training trainees in securing industrial attachment opportunities. Industrial attachment is a mandatory requirement for …

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Cash transfer firms ignore BOU licenses

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has accused financial technology companies, and fintechs, of refusing to apply for licenses. BOU started implementing the regulatory framework for fintechs last year and started implementing the National Payments Systems Act which provides for the regulation of the small financial …

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