This comes two months since MTN Uganda revamped its no expiry data bundle dubbed MTN Freedom Bundles Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel subsidiary in Uganda has followed MTN’s footstep to unveil internet bundles with no expiry dates, enabling customers to browse with flexibility and comfort. Amit …
Read More »Airtel records profit growth in East Africa
The company will soon welcome two new minority investors – The Rise Fund and Mastercard – in its mobile money business Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel operations in East African shrugged off the effects of coronavirus pandemic to record a 15% surge in revenue to US$1.38bn …
Read More »High quality agricultural products will always access market – Ssempijja
Kampala, Uganda | Isaac Khisa | Farmers who produce high quality products will always access market in the East African region and abroad, according to the Minister for Agriculture, Animal Industries and Fisheries, Vincent Ssempijja. Ssempijja, who was speaking during the handover ceremony of solar powered irrigation system to Bugomola Integrated …
Read More »Centenary Bank net profit up 3.4%
Its non-performing loans moved slightly from 3.95% to 3.97% Kampala, Uganda | ISAAC KHISA | Centenary Bank has defied the effects of coronavirus pandemic to record a 3.4% growth in net profit to Shs161.2bn for the year ended Dec. 2020. According to the bank’s financial statements, total assets increased from …
Read More »Kasaija’s tax burden
How to raise money from ideas that failed Kampala, Uganda | ISAAC KHISA | Finally its May, the month in which parliament as the Committee of Supply debates and passes the 2021/22 national budget. Unlike in recent years, the focus of debate has shifted from sector allocation to another …
Read More »Uganda Red Cross Society unveils a 5-year strategic plan
Kampala, Uganda | Isaac Khisa | The national society will focus on financial and institutional sustainability, system coordination and service delivery Leading humanitarian organization, Uganda Red Cross Society, has unveiled a new five-year strategic plan 2021-2025 with key focus on financial and institutional sustainability, system coordination and service delivery. The plan is …
Read More »Mercy Corps unveils ‘Uber’ to connect skilled refugees, youth, with job opportunities
Uganda hosts more than 1.4 million refugees with majority coming from the South Sudan and Democratic Republic of Congo Kampala, Uganda | ISAAC KHISA | Mercy Corps has partnered with African Executive Leaders Solution to launch a digital platform to help legal refugees and youths close the gap in accessing …
Read More »Inside the Kenya-Uganda trade talks
Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …
Read More »Equity Group records 11% drop in net profit to Shs684bn
Net profit contribution from the business outside Kenya grew to 28% compared with 18% in the previous year Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded 11% drop in profit after tax to Shs 684 bn for the year ended Dec.2020 citing effects of …
Read More »Uganda to rollout second round of hotel classification in May
However, the stakeholder sensitization will be key to the success of the exercise Kampala, Uganda | ISAAC KHISA | Uganda is set to rollout the second round of grading and classification of hotels and other tourism facilities to boost their competitiveness in the east African region. Lily Ajarova, the Chief …
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