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MTN Uganda profits surge on subscriber growth
Telecoms firm MTN Uganda reported on Wednesday strong growth in full-year revenue and operating profit, helped by increases in income from outgoing voice calls, data revenue, and mobile money revenue
March 11, 2020
Companies
MTN in talks to sell stake to NSSF
MTN Uganda and the government are in talks that could see the National Social Security Fund taking a stake in the telecom, increasing local ownership in the country's biggest taxpayer from the current 5%
January 26, 2019
Economy
Infrastructure
Uganda’s 2017/18 economic growth beats forecasts
Uganda's gross domestic product growth rebounded strongly in the 2017/2018 financial year on the strength of a pick-up in investments and exports, according to the World Bank
December 2, 2018
Companies
Africell secures $100m Opic loan to expand in Uganda and DR Congo
The Overseas Private Investment Corporation, the US government development finance institution, is lending $100m to telecom company Africell Holdings Limited to expand its mobile telephone and internet services in its countries of operation
November 11, 2018
Companies
Data and mobile money drive Airtel Uganda’s strong growth in 2017
Airtel Uganda Limited, Uganda's second largest telecom, reported solid income growth during the 2017 calendar year as revenue improved while expenses dropped
August 20, 2018
Companies
Corporate earnings and results
Markets
MTN Uganda half year revenue lifted by digital growth – and constant currency reporting
Uganda's largest telecom MTN Uganda benefitted from a reduction in commissions paid to its mobile money agents in the first six months of this year, with an acceleration in income from digital streams driving revenue growth.
August 8, 2018
Digital Economy
Politics & Policy
Airtime Scratch Cards: Today is last day they can be used, minister insists
The Uganda Communications Commission and the Ministry of Information, Technology and National Guidance have maintained that today marks the last day for the use of airtime scratch cards
July 31, 2018
Digital Economy
Politics & Policy
Telecoms start collecting social media and mobile money taxes
The new measures, which went into effect on Sunday, include a 1% charge on every mobile money transaction and a Shs200 daily levy for the use of social media
July 1, 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
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
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