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Tag Archives: Uganda

TowerCo of Africa Uganda secures US$40 million for telecom network expansion

The east african country is estimated to have only 65% mobile network coverage Kampala, Uganda | THE INDEPENDENT | TowerCo of Africa Uganda, a subsidiary of pan-African telecommunications service provider Axian Telecom, has secured US$40 million long-term financing from European development finance partners, including the European Investment Bank, the Development Bank …

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Uganda endorses measures to improve access to Justice

Zanzibar, Tazania | THE INDEPENDENT | Commonwealth countries, including Uganda, endorsed a new set of measures at the Commonwealth law ministers meeting in Zanzibar, designed to improve people’s access to justice. The measures were the result of four-day deliberations among law ministers at their biennial meeting in Tanzania. They were also …

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Uganda to send badminton team for Thomas & Uber Cup in China

KAMPALA, Uganda | Xinhua | The Uganda Badminton Association (UBA) has announced that their women’s team will participate in the Thomas & Uber Cup in China. Simon Mugabi, the Chief Executive Officer of the Association, told Xinhua in an interview on Wednesday that after the withdrawal of South Africa, Uganda, …

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Uganda’s private sector shows resilience

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …

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Equity Uganda investigates multi-billion shillings suspected fraud

Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has launched investigations into cases of fraud surrounding their Stock Loan and Agent Float financing that happened recently. The Stock Loan product is a credit facility meant to support entrepreneurs, small and medium-sized enterprises (SMEs), and large businesses across various sectors with …

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