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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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Bayobab unveils fibre optic connecting Kampala to Malaba

The fibre route not only reduces the distance and latency between Uganda and global networks but also introduces greater redundancy to Uganda’s connectivity infrastructure Kampala, Uganda | THE INDEPENDENT | Bayobab Uganda, the digital infrastructure arm of MTN Group, has unveiled a major fibre optic route connecting Kampala to Malaba, marking …

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Airtel, SpaceX deal to boost connectivity in Africa

Kampala, Uganda | THE INDEPENDENT | Airtel Africa’s agreement with SpaceX marks a significant step towards transforming digital access across the continent, as the telco partners with the satellite provider to expand Starlink’s reach into underserved areas. The partnership, announced on April.6, is expected to bring Starlink’s low-Earth orbit satellite internet …

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