Kampala, Uganda | THE INDEPENDENT | MTN Uganda has won an award in this year’s Financial Reporting (FiRe) Awards held at Hotel Africana in Kampala. The telecom company beat its competitors: Umeme, BAT Uganda, CIPLA Uganda, and Uganda Clays Ltd to emerge a winner in the Consumer and Industrial Products Category …
Read More »MTN Uganda to pay an interim dividend as profits surge to Shs 292.7bn
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has declared an interim dividend of Shs 5.4 per share, a total of Shs 120.9billion, after its net profit surged 21% to Shs 292.7billion for the nine months ending Sept.30. This is the second time that MTN Uganda has declared interim dividends to …
Read More »Busoga becomes a powerhouse for talented players
Jinja, Uganda | THE INDEPENDENT | Busoga Kingdom’s partnership with MTN Uganda signed two years ago has started to yield positive results as the kingdom’s Annual Masaza Cup becomes a conveyor belt of talented players to the big league and Uganda Premier League. The partnership worth Shs400million aimed to support the …
Read More »MTN Uganda joins league of Africa’s Top 250 Companies
Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s bold decision to list its shares on the Uganda Securities Exchange last year has propelled it to the league of Africa’s most valuable companies. The latest premier annual survey by South Africa’s African Business Magazine on Africa’s Top 250 Companies, ranked MTN Uganda …
Read More »MTN’s Business Intelligence manager advises youth to startup businesses focused on niche markets to excel
Kampala, Uganda | THE INDEPENDENT | Local startups need to focus on niche markets that they can tap into to excel for better survival and longevity of their businesses, according to Mackinon Kabarole, Senior Manager, Business Intelligence at MTN Uganda. Mackinon, who spoke to the youth undergoing MTN Youth Skilling Program …
Read More »MTN Uganda joins Busoga Kingdom to celebrate Kyabazinga Nadiope IV’s 8th coronation anniversary
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 …
Read More »Mabirizi raises 94 grounds in the MTN IPO appeal
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 …
Read More »Telecom companies make gains amidst uncertainities
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 …
Read More »MTN to pay dividends despite poor show of stock market and global inflation
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, …
Read More »MTN, Mayuge Sugar inject UGX 400M into Busoga Masaza Cup
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 …
Read More »