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 …
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Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
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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, …
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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. …
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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 …
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Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …
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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 | On July 07, Absa Bank Uganda and MTN Mobile Money Uganda Limited announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines/terminals. The service is open to all MTN Uganda mobile money account holders. Absa’s …
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Kampala, Uganda | THE INDEPENDENT | Ugandan runners won the 42kms, 21kms and 10kms races as hundreds of runners turned up Sunday morning to participate in the MTN Kampala marathon focused on fundraising cash to improve maternal health in the country. This is a wrap up of the marathons that the …
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Kampala, Uganda | JULIUS BUSINGE | Wim Vanhelleputte, the MTN Uganda CEO says that they have committed Shs1billion commitment towards the MTN Startup Fund which forms part of their ambition to continue supporting local innovators. In a press release, Vanhelleputte encourages as many startups as possible to participate in the several …
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The Independent Uganda: You get the Truth we Pay the Price