UTL
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
Uganda to take over UTL after negotiations with Libya collapse
The government is taking over the management of Uganda Telecom Limited after its majority shareholders, Libya Posts Telecommunications & IT Company, said they would no longer fund the cash-strapped telecom.
Uganda Telecom hits back at MP Nandala Mafabi over critical report
Executives at Uganda Telecom Limited have hit back at claims that the telecom is poorly managed, unstable, and in free fall, insisting that it is going through a turnaround that is "pointing in the right direction."