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MTN Uganda contributes Shs50.55 billion to the National Connectivity Fund

KAMPALA, UGANDA | THE INDEPENDENT | MTN Uganda has announced a significant contribution of approximately Shs 50.55 billion to the Uganda Communications Commission’s Universal Service and Access Fund (UCUSAF). This marks the company’s largest annual contribution to date aimed at expanding telecommunication services and accelerating digital inclusion in underserved communities …

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Uganda’s top banks post highest profits yet

The sector delivered a record performance in 2024, with industry-wide net profits surging 16% year-on-year to Shs1.6 trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s banking sector delivered a record performance in 2024, with industry-wide net profits surging 16% year-on-year to Shs1.6 trillion ($420 million), buoyed by improved cost structures, asset …

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