Telecoms
Airtel Money skips African exchanges for London
Airtel Money, valued at $7bn, listed in London while Uganda, its second-largest market, has an exchange worth less than the company itself
Mobile money value reaches 72 per cent of 2025 total
Mobile money transactions in Uganda were worth Shs263tn in seven months, and first-half value rose 32.5 per cent, up from 31.2 per cent a year earlier
MTN Uganda plans to spin off mobile money business
The telecom giant MTN Uganda plans to restructure its mobile money business by separating it from its direct ownership and transferring the unit to a newly formed company through a merger
Airtel’s profits fall on higher costs and currency sting
Airtel Uganda reported a decline in profitability in the first half as costs, including access charges and content, outpaced revenues and unrealised foreign exchange gains fell sharply
Airtel IPO slim by Shs588.6bn
NSSF sole institutional investor in the offering, buying 52.75% of the available shares – and 96.9% of total shares sold
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda's revenue for the first three quarters increased by 15.9% compared to the same period last year
NSSF buys 10.55% stake in Airtel as part of IPO
Government-run pension fund NSSF will take 10.55 per cent stake in Airtel Uganda as part of the telecom's Shs800bn flotation
Airtel doubles incentive shares for IPO investors
Airtel Uganda has increased the number of bonus shares on offer to investors in its initial public offering on the Uganda Securities Exchange, days before the listing closes
Airtel extends IPO closing date
Airtel Uganda has postponed the closing date for its initial public offering to 27 October from the original date of 13 OctoberMore Telecoms
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.
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
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
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
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
Government to convert Shs200bn UTL debt into shareholding
Uganda plans to convert part of its debt in Uganda Telecom Limited into shares as part of a plan to increase its shareholding in the troubled company
Five surprisingly good internet deals in Uganda
Internet can make or break your productivity – depending on how easy your connection is, as regards cost and connection speeds. To enable the search, we are sharing some surprising good deals in Uganda
This is how MoKash is faring one year on
One year ago, MTN Uganda launched MoKash, a service that allows customers to get micro-loans and save using their phones
MTN Uganda half year profit up on data and digital growth
Strong growth in data and digital services helped MTN Uganda increase revenue in the first half of 2017, according to interim results released by parent company MTN Group
MTN posts first loss in 20 years
MTN Uganda's total revenue declined by 1.9% on the back of lower voice revenues depressed by the customer disconnections and the One Network Area in the East African Community where calls between member states are billed as local calls.