Kampala, Uganda | JULIUS BUSINGE | Airtel Uganda, Uganda’s second largest telecom firm has today launched its 4GLTE mobile telecommunications technology in the presence of Information and Communications Minister, Frank Tumwebaze and Uganda Communication Commission Director for Corporate Affairs, Fred Otunnu. Speaking at the launch in Kampala, the company’s Managing Director, …
Read More »Airtel Uganda records Shs 160bn net profit
Anwar Soussa, who supervised the record performance, quit the telecom company Kampala, Uganda | ISAAC KHISA | Telecom service provider, Airtel Uganda, ended the 2016 financial year with 85.6% growth in net profit to Shs 160.45bn on the back of improved uptake of mobile money, value added services and data. …
Read More »Who’s winning telcoms data race?
A look at MTN, Airtel, Africell ahead of August SIM registration deadline Kampala, Uganda |ISAAC KHISA and JULIUS BUSINGE| MTN Uganda has recorded a surge in revenues for the six months ending June 30, signaling a possible rebound in the country’s telecom industry. According to the latest half year performance …
Read More »Airtel Uganda gets new MD
Kampala, Uganda | Julius Businge | Airtel Uganda has announced the planned departure of their managing director Anwar Soussa in a notice shared on Aug. 09. According to the notice, Soussa, who took up this role in June last year, is leaving as a result of a personal decision to take …
Read More »Micro credit: Good or bad for Uganda’s poor population?
Experts say the interest rates are very high Kampala, Uganda |Isaac Khisa| Micro-credit is fast becoming a darling to millions of Uganda’s population following the rollout of new credit windows between financial institutions and telecom firms. But financial experts are worried that the new products may not create as much …
Read More »Thousands distressed after sim card switch off
Ugandans in their thousands Airtel subscribers especially were left cursing after their sim cards were switched off even after they had successfully re-registered through a process coordinated by Uganda Communications Commission (UCC) and National Identification Registration Authority (NIRA). Telecom companies were supposed to switch off those who had not reregistered …
Read More »BUDGET: Museveni warns telecoms on tax evasion
President Yoweri Museveni has said government will acquire the latest communication equipment to end what he termed rampant tax evasion and corruption within telecom companies in Uganda. He said estimates indicate that the country was losing up to $400m (sh1.2 trillion) in tax per year. “There is still tax evasion …
Read More »In The Independent: Museveni gets gadget to monitor telecoms
Cover story: Museveni gets Shs70bn telecom monitoring gadget An investigation by The Independent reveals that State House is closing in on a procurement of high-tech gadgets meant to forestall fraud among telecoms, which is costing government colossal sums in tax revenue. Last Word: Fight over misguided objectives Andrew Mwenda carries …
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