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 …
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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 …
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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 …
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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 …
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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 …
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Kampala, Uganda | Julius Businge | MTN Uganda and International Medical Group and International Medical Center have signed a memorandum of understanding to provide digital health services across the country. Telemedicine is a situation where a medical doctor interacts or offers medical services to a patient through internet enabled devices like …
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Kampala, Uganda | THE INDEPENDENT | Telecommunication giant MTN Uganda is in trouble for the alleged sale of “Kwata Esimu” song which belongs to Winnie Nwagi and Mubarak Adams Mandela alias Free Boy as a caller tune. Viva Entertainment Limited has sued the telecom company in the Civil Division of High …
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Kampala, Uganda | THE INDEPENDENT | The Constitutional Court has dismissed a petition challenging the actions of the Directorate of Public Prosecutions to withdraw tax evasion charges against 12 senior executives of MTN Uganda Limited. In a majority decision of four Justices against one written by Justice Ezekiel Muhanguzi, the Justices …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | MTN Uganda under its enterprise arm of MTN Business has launched a first of its kind 3-in-1 offer for businesses in Uganda, it said on Oct.29. The offer is designed to help businesses get more out of their operations with more control …
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Kampala, Uganda | THE INDEPENDENT | Two technicians from telecom giant MTN Uganda are part of the five people who were arrested by Criminal Investigations Directorate –CID over the weekend on allegations of vandalizing the telecom masts in Mbarara and Isingiro districts. They are Richard Lubega and Godfrey Masaba. The …
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