Tag Archives: MTN Uganda

Kampala, Uganda | THE INDEPENDENT | MTN Uganda on Tuesday joined Busoga Kingdom in celebration of the Kyabazinga William Wilberforce Gabula Nadiope IV’s 8th coronation anniversary. Nadiope IV was installed as the Kyabazinga at the Kingdom headquarters in Bugembe, Jinja on 13 September 2014, with President Yoweri Museveni as the chief …

Kampala, Uganda | THE INDEPENDENT | Jailed lawyer Male Mabirizi has raised 94 grounds in an appeal challenging the dismissal of his case opposing the listing of MTN Uganda on the Uganda Securities Exchange. The appeal arises from an application in which Mabirizi challenged the decision by the Capital Markets Authority-CMA …

Kampala, Uganda | THE INDEPENDENT | Telecommunication companies have reported that their operations over the last six months have been affected by what they call a difficult macroeconomic environment, characterized by the skyrocketing cost of living and foreign exchange rate. According to the Uganda Bureau of Statistics, the inflation rate rose for …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholders are due to get their first dividends since the company listed on the Uganda Securities Exchange, with the register for those eligible closing June1. The shareholders will have their dividends paid on June 24, with each share earning the holder 4.706 shillings, …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda and Mayuge Sugar have boosted this year’s Busoga Masaza Cup tournament with 400 million Shillings. The sponsorship that will help promote sports and talent scouting in the sub region saw MTN give 350million and Mayuge Sugar 50 million, to ensure smooth operations throughout …

The telecom firm plans to raise US$1.2bn in IPO Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom, MTN Uganda, is set to reveal its new growth plans and opportunities on Oct. 11 when it publishes its indicative price range ahead of the expected US$1.2billion initial public offering (IPO). MTN …

Kampala, Uganda | THE INDEPENDENT | The opening of the sale of shares of MTN Uganda to the public has caused a stir among Ugandans, especially on the possible risks and what some have assumed as the exclusion of the mobile money business from the deal. As a requirement by the …

Kampala, Uganda | THE INDEPENDENT | Starting June 1st, Ugandans will have mobile money transactions run by companies separate from the traditional telecoms that have been operating the business. This follows the licensing of three companies to operate mobile money services in Uganda including MTN Mobile Money Uganda Ltd and Airtel Mobile …

Kampala, Uganda | THE INDEPENDENT | High Court in Kampala has upheld a decision by Uganda Communications Commission-UCC, for telecom company MTN to pay 51 billion Shillings (14.14 million USD) as license fees. In July 2020, UCC wrote to MTN requiring them to pay a license fee for the transitional period of …

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority expects to reap Non Tax Revenue of  1.15 billion Shillings from the listing of telecom giant MTN Uganda on the Uganda Securities Exchange. This was disclosed by the Chief Executive Officer of the authority Keith Kalyegira while appearing before the Finance …