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Stanbic’s digital push helps drive profit rise in 2017
Stanbic Bank Uganda touted the success of its digitisation strategy on Wednesday as operating costs fell 3.2% in 2017 compared to a 17.4% rise in the previous year
March 28, 2018
Companies
There’s no more life left in Vodafone, audit shows
Vodafone Uganda is no more after the Vodafone Group terminated its partner market agreement in Uganda with the Afrimax Group. The two signed the contract in 2014 to offer voice and data products and services using the ‘Vodafone Uganda’ brand
March 27, 2018
Companies
Politics & Policy
Government to continue with tax case against BAT Uganda
The government will continue pursuing a tax case against British American Tobacco Uganda, William Byaruhanga, the attorney general told Parliament on Tuesday
March 14, 2018
Companies
Digital Economy
UCC bans vending of airtime, simcards
The telecommunications regulator, Uganda Communications Commission (UCC), has outlawed vending of airtime and simcards on streets and other unlicensed locations across the country
March 9, 2018
Companies
Politics & Policy
Chinese firm wants $33m for termination of Kilembe mines deal
Tibet Hima Mining Company, the embattled Chinese company whose 25-year to operate the cobalt and copper Kilembe mines in Kasese district was cancelled last October, is seeking at least $33m in damages
March 1, 2018
Companies
Vodafone network to be switched off as it starts bankruptcy process
Vodafone Uganda will start bankruptcy proceedings by switching off its network, the telecom company said in an email to customers on Thursday
February 22, 2018
Companies
Corporate earnings and results
Markets
BAT profit rebounds on higher prices, lower costs
An increase in the prices of its cigarettes due to a rise in excise tax and lower operating costs saw British American Tobacco Uganda improve profitability in 2017, financials released by the company on show
February 14, 2018
Companies
Digital Economy
URA, Stanbic Bank launch online tax payment platform
Uganda Revenue Authority and Stanbic Bank launched an online platform on Monday that makes it possible for taxpayers to make payments using bank cards and mobile money
February 6, 2018
Companies
Stanbic Bank off-grid power financing set to power rural Africa
With just 14% of the Ugandan population able to access grid electricity, new off-grid energy solutions have the potential to provide a lot more of the country’s currently marginalised rural population with access to affordable electricity
December 13, 2017
Companies
Digital Economy
Taxify’s first month in Kampala: the battle for riders is first a battle for drivers
Taxify was welcomed by both riders and drivers, who were happy that the entrant had shaken up things in the taxicab sector. But it's discount - popular with riders - was soon seen as a problem by the drivers
December 7, 2017
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