With a new logo and fresh ambitions, Africa’s largest mobile telecoms service provider is pivoting towards fintech and enterprise services | TONDERAYI MUKEREDZI | As the world increasingly becomes digitised, African telcos are calibrating their business models towards fully integrated digital and financial services enterprises. Continental telecoms giant MTN Group …
Read More »Tech experts urge enterprises to adopt cloud technologies
Kampala, Uganda | THE INDEPENDENT | Experts in the technology sector have urged local enterprises to opt for advanced systems to match the demands of the evolving business environment. Farouk Semambya, an Information Technology (IT) Architect at MTN Uganda says cloud computing technologies allows enterprises to introduce new ways …
Read More »Behind MTN’s income decline
But the telco recorded 5.8 % growth in net income to Shs 340.4 billion Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom firm, MTN Uganda, said a one-off payment for interim operating license and contract termination of a service provider saw its full year income reduce by Shs 62.3 …
Read More »Battle for the internet market
Airtel Uganda increases internet bundles, leaves price uncnaged Kampala, Uganda | ISAAC KHISA | Telcom firm, Airtel Uganda has taken a price war to the door step of MTN Uganda with a massive increase in internet capacities. The telco, effective Feb.21, doubled daily internet bundles and increased the one on …
Read More »The Museveni-Mutebile conundrum
Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
Read More »Parliament tasks telecom operators on improved tariffs, network coverage
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …
Read More »MTN: Silicon valley in US consuming your data
Kampala, Uganda | THE INDEPENDENT | It is common for Ugandan mobile internet users to exclaim at how fast their internet bundles run out, saying the company has (eaten) stolen it! That is the common conclusion. This happens when a user fails to account for the data they have used within a …
Read More »Guard robs Sh100M from MTN dealer
Nakasongola, Uganda | THE INDEPENDENT | Nakasongola police are hunting for a security guard from J Unit security company for robbing Shillings 100 million from an MTN dealer. Nicholas Ojambo reportedly put the MTN agent from Nile Com Limited and driver at gunpoint in the forest between Katuugo Check-point and …
Read More »After MTN listing, Stock Market looks to Airtel in 2022
Kampala, Uganda | THE INDEPENDENT | Uganda’s stock market saw a big leap in growth in 2021, thanks to the listing of MTN Uganda, after more than three years of near-stagnation with limited shares activity. Over the year, the total value of the stocks of the locally listed companies, or …
Read More »MTN Uganda’s new journey
The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
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