Tuesday, March 31, 2015

Tigo launches Rwanda’s first mobile-based savings product with Tigo Cash.

Tigo and Urwego Opportunity Bank launched Rwanda’s first mobile-based savings product, Tigo Sugira, today. Rwanda is on track to reach its goal of 90% financial inclusion by 2020, and Tigo Sugira will help boost the level of savings for Rwandans. 

Tigo customers can sign up and open an account for free and within minutes, directly from their mobile by dialing *200*11# and selecting Tigo Sugira.  All they need is a Tigo Cash account and a National ID. Customers can then instantly deposit and withdraw money from their savings account through Tigo Cash.
Tigo Sugira is the most convenient way to save, with an interest rate of 7% annually – the best in the market. Whether deposits, withdrawals or opening an account, the service is offered free of charge. Customers earn 7% interest based on daily average balance, no matter what their balance is, this interest is paid quarterly.

With Tigo Cash’s large customer base and the biggest mobile money agent network in Rwanda, Tigo Sugira reaches people who have previously been excluded from the formal financial sector.
Tigo Sugira is the result of a close collaboration between Tigo and Urwego Opportunity Bank (UOB).
We are committed to bringing secure, convenient and affordable financial services to Rwandans who have traditionally been excluded from the formal financial sector, and we believe that Tigo Sugira aligns perfectly with this mission by enabling us to provide a secure and accessible savings product to all Tigo Cash customers in Rwanda." said Tineyi Mawocha, CEO of Urwego Opportunity Bank.

Tongai Maramba, CEO, Tigo Rwanda, added: “Once again, Tigo is proud to launch an innovative product. Tigo Sugira is setting new standards for simple and user-friendly financial products. We are very excited to empower our customers even further”.

Friday, March 27, 2015

THINK Announces Top 10 Finalists for Investment and Incubation in Rwanda

THINK Announces Top 10 Finalists for Investment and Incubation in Rwanda
Digital companies selected from competitive applicants in 14 countries

26 March 2015, Kigali, Rwanda, Tech incubator think announced today the top 10 finalists for its second cohort. Selected finalists are in the running for investment and incubation from Tigo and its parent company Millicom at the state-of-the-art think incubation site.

The second cohort will build on the success of think’s first cohort comprised of Rwandan company TorQue and Nigerian company Cribpark, who both received investment, access to key networks, assessment of growth, and office space.

Think received highly qualified applications from 14 countries, and the finalists represent six African nations: Rwanda, Burundi, Kenya, Nigeria, South Africa, and Uganda, as well as the US. A committee of top tech investors, including executives from Millicom, Tigo Rwanda, the African Entrepreneur Collective, and leading regional tech entrepreneurs, are in the process of selecting up to 5 companies. The chosen businesses will join think in May, receiving $15,000 in equity investment, strategic consulting services, and a tailored growth-training curriculum, as well as access to Tigo resources and global tech mentors.

The think top 10 include early stage companies that provide a variety of IT Solutions, addressing diverse consumer needs throughout Africa, with an ability to scale rapidly:

Bitnexa, Uganda
Product: A bitcoin exchange for merchants and individuals, using mobile money to exchange local currencies with bitcoins.

Get It, Rwanda
Product: Text-to-order sales and distribution platform delivering household items to last-mile consumers.

GutsHaven, Nigeria
Product:  Web platform that connects a local community of freelancers to those who need small projects completed.

Howxit, South Africa
Product: A mobile app for real-time communication via text, voice and video.

Malaika Travel & Tours, Rwanda
Product: A travel app designed to crowd-share rides and excess luggage allowances.
 Mergims, Rwanda
Product: A mobile application that allows Rwandan migrants to pay airtime, tuition fees, and utility bills efficiently.

SeedBox, Uganda
Product: An interactive online mentorship platform, connecting young African entrepreneurs to those around the globe

SoftProviders, Burundi
Product: A multi-function, adaptable mobile payment platform, leveraging patented M-PAY technologies.

THE Exchange Visionary Labs, United States
Product: Contact lenses that display an augmented reality. Think 3D Google glass.

Two4one, Kenya
Product: A mobile platform incentivizing people to eat out, go out, and hang out more often.

Tongai Maramba, General Manager of Tigo Rwanda, said: “We are excited about the promising top 10
finalists.  Investing in the final selected companies from among this group is a hallmark of Tigo’s commitment to innovation and to growing the IT startup environment across Africa.”

About think:
think, the “technology incubator in Kigali”, launched in 2014 in Rwanda for tech startups seeking to create digital solutions with the potential to scale across Africa.  Africa IT News rated think as one of the top tech startup incubators to watch in 2015.  With a young and dynamic population and significant government investment in the country’s ICT infrastructure, Rwanda provides a unique opportunity as a platform for technology startups. Millicom, operating under the Tigo brand in Africa, is the angel investor behind think.

For more information:                                                                 
Pierre KAYITANA                                                                              Like us on Facebook: thinkrw
Tigo Public Relations                                                                       Follow us on Twitter: @thinkrwanda
T: +250 722 123 113                                                                          Visit our website: www.think.rw
Email: pierre.kayitana@tigo.co.rw           

Thursday, March 26, 2015

Position:Head of Financial Planning & Analysis

Position: Head of Financial Planning & Analysis                               Mar 2015

This role will provide financial consulting and strategic support to senior management including preparing board presentations, financial and presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities, acquisition analysis and other projects requested by senior management. You would deliver budgets and forecasts; drive forward initiatives to improve insight, quality and accuracy of reporting; influence, challenge and guide the business based on key performance trends. Drive process and reporting transformation across the organization in order to meet the organization’s objectives and strategic plans. This function acts as the analytical engine of the company to provide insights and support ‘optimal’ business decision making.
You are open-minded, proactive, result-oriented, and passionate and the way you work energizes others. You are committed to the timely delivery of a job well done. You behave with integrity, professionalism and transparency.

  • Lead and liaise with the CFO and other heads of department in the development and implementation of the company's strategic and operational plans, focusing on achieving financial and strategic objectives.
  • Leadership of the reporting processes ensuring timely, accurate reporting across the organization; Delivery of high quality and insightful analysis to Senior Management Team, Heads of Department, Group and wider leadership team.
  • Leadership of the planning process. Accountable for the delivery of high quality, robust financial forecasts for Tigo, interlocked across other business departments. Ensure plans are credible and drive the business to outperform its targets.
  • Manage and monitor key performance indicators, produce monthly reports that integrate and analysis data in alignment with strategic objectives.
  • Analyse operating results against approved budget plans in conjunction with the key stakeholders and recommend corrective action when required and acceleration plans if applicable.
  • Manage the reporting processes on Opex, Capex and working capital, ensuring strong accuracy and controls are in place.
    • Manage the forum for reviewing new initiatives and project ideas outside of the annual planning cycle and budget process.
    • Instil deep analytical discipline across different areas ensuring revenue and operational targets are achieved.
    • Manage and drive the continued development of Budgeting, Financial Forecasting, Operating Plan and Modelling tools in the company.
    • Improve performance by evaluating processes to drive efficiencies and understand ROI in marketing programs, menu pricing, new store rollouts, commission structure, new business lines changes as well as new projects.
    • Prepare and present monthly, quarterly and annual financial operating reports to local and Group stakeholders as well as the BOD.
  • Bachelor level degree in Finance/Economics
  • ACCA/CPA/CIMA Qualification.
  • MBA in Finance will is a plus.
  • Excellent business knowledge in Telecom and emerging markets in general.
  • At least 5 years relevant work experience 3 of which should have been in a senior finance management role.
  • Strong stakeholder management and influencing skills. Ability to influence at all levels in the organization
  • Excellent communication and presentation skills to ensure credibility with senior management
  • Strong prioritization, organizational and people management skills
  • Strong MS Office skills including Excel, PowerPoint and Word Experience in Sun Accounting and Hyperion a plus.
  • Desire to drive efficiencies and improve processes.

TO APPLY use :http://careers.peopleclick.eu.com/careerscp/client_millicom/external/gateway.do?functionName=viewFromLink&jobPostId=4751&localeCode=en-us

Position: Senior Financial Analyst

                                                   Position: Senior Financial Analyst                          March 2015

You will be responsible for providing data driven insights and financial analysis to inform decision making and drive business performance. Your will be responsible for assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations.
You will be expected to work with MIC planning and submission calendar to be able to provide timely information to Millicom.

You are open-minded, proactive, result-oriented, and passionate and the way you work energizes others. You are committed to the timely delivery of a job well done. You behave with integrity, professionalism and transparency.

  • Monitor and analyse business and financial performance against targets on an on-going basis.
  • Liaise with business units to ensure high quality of analysis and narrative reporting across the organization, emphasizing both operational and financial KPIs.
  • Work with the operating divisions to understand business developments and to understand and track sets of agreed KPIs.
  • Provide insightful and well-written commentary and explanations of key business performance variances to targets.
  • Provide Management with detailed, forward-looking commentary that highlights business opportunities and risks and their anticipated effect on full-year revenues, costs and profit.
  • Suggest improvements to the planning and reporting processes to provide greater clarity and insight into developments and challenges in the respective business units.
  • Demonstrate insightful use of financial analysis techniques, tools, and concepts, to provide practical counsel to business partners and management in order to drive business results.
  • Works at the direction of the Head of FP&A in performing various financial or budget analyses in the areas of profit planning, capital expenditure and cash flow budgeting.
  • Assist in the quarterly reforecasting process by preparing reports to evaluate current run-rates and trends and report on opportunities, risks and the impact of business drivers.
  • Actively participate in the preparation of Budgets and Long range Business Plans including validating and documenting all key assumptions.
  • Maintain and develop various financial models and standard templates distributed for use by all stakeholders during the planning processes, ensuring high quality, accuracy and focused analytic review
  • Challenge the reasonability of Revenues and operating expenses during the respective planning and reporting processes to ensure proper representation and accuracy of the business performance.
  • Pricing, product, competitor and commission structure analysis in partnership with the commercial teams to optimize returns.
  • Assisting in various organizational projects and initiatives with analytical insights and capabilities.
  • Bachelor level degree in Finance, Accounting or Economics.
  • ACCA/CPA/CIMA – partly  qualified will be recommended but not required
  • At least 4 years relevant work experience in an FMCG/Telco or Financial Services.
  • Confident communication skills as this role involve liaising with various key senior managers of the business
  • Strong MS Office skills (Medium to Advance) especially for Excel and PowerPoint.
  • Financial Systems Knowledge will be required to make work easier
  • Desire to drive efficiencies and improve processes.
  • Strong organizational skills and problem solving abilities
  • Strong Influencing Skills

Friday, March 13, 2015

Tigo Rwanda yahembye abatsinze mu irushanwa yari yateguye kuri paji yayo ya Instagram

Mu rwego rwo gukomeza  kwishimira abafatabuguzi ba Tigo Rwanda ndetse n’abanyarwanda muri rusange bakurikira ibikorwa bya Tigo Rwanda ku mbuga nkoranyamba, Tigo yatanze ibihembo birimo telefone ya Shabuka ya Danger,  kubitabiriye irushanwa ryo kwizihiza umunsi w’abari n’abategarugori, irushanwa ryabereye kuri paji yayo ya Instagram. 

Abitabiriye iri rushanwa basabwaga kohereza ifoto y’umugore bubaha, bakunda kandi baha agaciro mu buzima bwabo bakoreshe hash tag #MyLovewoman, ubundi bagasaba inshuti zabo gukunda iyo foto ndetse no gusaba inshuti zabo gukurikira paji ya Tigo Rwanda.
Batatu ba mbere Eulade, Maya na Ellie babonye abantu benshi nibo bahembwe ku munsi w’ejo aho bagejwejweho Telefone za Shabuka (Huawei),  akaba ari na Telefone Tigo iri kwamamaza muri iyi minsi igura amafaranga ibihumbi 40,000 ugahabwa interineti ya 1GB buri cyumweru mu gihe cy’amezi atandatu. 

Mu gikorwa cyaranzwe n’ibyishimo byinshi, abahanzi basanzwe bamamamaza ibikorwa bya Tigo,  nibo bagejeje ibyo bihembo kubatsinze, ndetse bisanzurana n’abahawe ibihembo  hamwe  n’abafatabuguzi ba Tigo bakunda abo bahanzi. 

Tigo yafashe iya mbere mu kuzamura no guha umwanya imbunga nkoranyambaga mu rwego rwo kwegera no kuganira n’abafatabuguzi bayo tukaba tubibutsa ko izi promotion zikorerwa ku mbuga nkoranyambaga (Social media) zizakomeza nkuko bitangazwa n’abashinzwe ibikorwa byo kwamamaza muri Tigo. Icyo usabwa kugirango nawe udacikwa akaba ari ugukurikira Paji zabo nka Facebook yitwa Tigo Rwanda, Twitter yitwa Tigo Rwanda ndetse na Instagram ya Tigo Rwanda.