MTN Uganda early this week announced the opening of its Initial Public Offer for 20% of its company’s shares, an opportunity for the public to apply for a stake in the company. Stanbic Bank is MTN’s Transactional advisor for MTN’s…
Yesterday, 14th October 2021, One of Uganda’s most prominent businessmen, Patrick Bitature, was appointed Board Chairman of Bolloré Transport and Logistics company, a subsidiary of Bolloré International which operates across 109 countries globally. “It is with my country’s need in mind…
On Monday 11th October 2021, MTN Uganda opened its Initial Public Offer that will run until 22nd November 2021 at 4 pm. The MTN Uganda Chief Executive Officer (CEO), Wim Vanhelleputte, sheds more light on the MTN IPO, responding to…
Whereas several Ugandans are struggling to access their savings with the National Social Security Fund (NSSF), the managers of the Fund are literally swimming in billions of cash. Credible sources within this government entity have revealed to this website that…
“Mr. Kanyagoga was irregularly recruited as he didn’t meet the criteria in the advert and lacks the requisite integrity to run such a highly specialized agency with regulatory powers,” said a Whistleblower. A whistleblower only identified as Jabbe Pascal Osinde…
Telecom giant MTN Uganda, a subsidiary of MTN South Africa, has announced that the company has decided to give Ugandans an opportunity to buy shares 20% of the company’s ordinary shares worth Shs4.4Bn following approvals by the Capital Markets Authority…
Sumin Namaganda, former Public Relations Manager and Corporate Social Responsibility lead at Airtel Uganda has been appointed as the new Manager Corporate Affairs for Uganda Development Bank(UDB). Sumin is an accomplished Communications Specialist who joins the bank with over 12…
For 10 years now, Forbes has published an annual definitive compilation/list of young people changing the world by building brands, creating jobs, and transforming lives in their respective fields. Today, 08th October 2021, a call for nominations for the class…
Officials of the Uganda Tourism Board (UTB) have come under fire from several Ugandans who are faulting them for not only embarrassing President Yoweri Kaguta Museveni but also the entire country during the Dubai Trade Expo, where they failed to…
The strategy by telecom giant MTN Telecommunications Company of getting Ugandans involved as partners in its activities has been described as very important by President Yoweri Museveni who said it allows Ugandans and Africans to be partners in all the…
PHOTO: Michael Atingi-Ego the Deputy Governor BOU, Wim Vanhelleputte the MTN Uganda CEO, Anne Jjuuko the Stanbic Bank Uganda CEO, Godfrey Baluku Kabyangga the State Minister for National Guidance, Irene Ssewankambo, the Executive Director UCC and Andrew Bugembe, the MTN…
Uganda Securities Exchange’s (USE) Securities Central Depository (SCD) and MTN Mobile Money have today unveiled a digital SCD account opening platform to further efforts towards financially including all Ugandans. A Securities Central Depository commonly referred to as an SCD account…
Born in 1963, Zena Khalila and her family fell victim to the Amin war, forcing them to flee their home in Uganda in search of refuge in South Sudan. Stuck in a foreign country, without education or a business, Khalila’s…
Sixty youth have successfully graduated having attained digital and technical skills in the first cohort of the MTN Foundation youth skilling program. The MTN Foundation youth skilling program is an initiative funded by MTN Foundation Uganda and implemented by Ubunifu…
National Curriculum Development Center (NCDC), the government body responsible for the development of educational curricula for primary, secondary and some tertiary institutions in Uganda has lauded MTN for its initiative to encourage learning from home by zero rating learning institution…
Stanbic Uganda Holdings Limited (SUHL), a member of the Standard Bank Group, has demonstrated business resilience, weathering through the effects of the Covid-19 pandemic to post a robust performance in the first half of 2021 with strong growth across all…
Equity has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards. The award was conferred to the Bank for its strong and consistent financial performance, its role in leading the disruption of Fintech innovations…
MTN Uganda, in line with its vision of delivering a bold new digital world to its customers is set to transform Uganda’s homes into smart homes with MTN WakaNet MAX, a home Internet solution that offers affordable and reliable 4G…
MTN Uganda yesterday handed over sh15m to its 15 millionth customer, Jamirah Nalukwago, a resident of Kyanuuna village in Busunju County in Wakiso district. The cash prize to the 15 millionth customer is MTN Uganda’s way of celebrating the big…
Transformation of Uganda into a modern, prosperous society as laid out by the National Development Plan III will largely depend on how fast Uganda can harness, protect and utilize intellectual property, the Uganda Registration Services Bureau (URSB) Registrar General Mercy Kainobwisho…
The economy in general and the real estate sector specifically, remained subdued over the past one and a half years due to the lockdown restrictions that affected different sectors of the economy. In the previous property market report (H2-2020), the…
In a bid to mitigate the risk of COVID 19 infection due to physical contact between staff and public, National Identification and Registration Authority (NIRA) has digitalised a number of its services. “National Identification and Registration Authority (NIRA) wishes to inform…
The recently concluded nationwide 42-day lockdown intended to lessen the spread of a second wave of the Covid-19 pandemic across Uganda has added to the continued economic slowdown. The headline Stanbic Purchasing Managers’ Index (PMI) slipped to 34.6 in July,…
The signing of the Shareholder’s agreement of EACOP and the Tariff and Transportation Agreement by Uganda and Tanzania, resulted in a marked increase in inquiries across asset classes in Kampala. The aforementioned agreements opened the way for the development of…
In a bid to expedite addressing land issues such as illegal land evictions, incidents of corruption and bribery, Lands Minister Judith Nabakooba yesterday launched a National Call Centre based in Wandegeya. She said that in her term at office, she…
Stella Alibateese is the new the National Director of the Personal Data Protection Office at The National Information Technology Authority-Uganda (NITA–U), the agency has announced. Personal Data Protection Office is an independent office under NITA Uganda for protection of personal data…
Vice President Jessica Alupo has said corruption is partly seen in leaders’ behaviors and called for exemplary leadership to fight the vice. “You are holding these public offices in trust of the citizens. We need to be exemplary as Leaders…
Of the targeted annual connections of 300,000 connections under Electricity Connections Policy (ECP), to date 299,843 have been realized as of the end of June 2021, the Minister for Energy and Mineral Development Ruth Nankabirwa has said. She said this while addressing…
Vice President Jessica Alupo has lauded President Yoweri Museveni for appointing 36 female ministers in his cabinet and his continued willingness to ensure women empowerment in Uganda. “We would in a special way like to celebrate His Excellency President Yoweri…
The Government of France has donated to Uganda sh10.8 billion covid fight items such as one million FFP2 face masks, fifty four thousand six hundred antigen testing kits and nine Osiris3 respirators. They were handed over to Uganda this afternoon at a…
Ministry of health has condemned malicious attacks on Ministry of Health officials by groups of persons who have been politically organised with an intent to defame . This follows yesterday’s protests by a group of people who called for resignation of…
Real Sector Annual Headline inflation slightly increased to 2.0% in June 2021 from 1.9% the previous month, largely driven by increases in prices for food and non-alcoholic beverages during the month. Economic activity weakened in June 2021 largely on account of the implementation of restriction measures to curb the resurgent spread of Covid-19 during the month. Similarly, sentiments about doing business, as measured by the Business Tendency Index (BTI), turned pessimistic in…
The National Bureau for Non-Governmental Organisations (NGO Bureau) under the Ministry of Internal Affairs has said Maya Project Uganda Chapter, an organization under spotlight for alleged trafficking, is nota registered NGO. NGO Bureau is mandated to register, regulate, monitor, inspect, coordinate…
Vice President Jessica Alupo has applauded the National Medical Stores (NMS) for the measures being put in place to address theft of drugs, an issue she said disheartens the population. She said this during a guided tour at the NMS…
Julius Ssekitoleko, a Ugandan weightlifter who went missing on Friday 16th July 2021 from the Olympic village facilities in Izumisano City, Japan has returned to Uganda safely. Ssekitoleko, according to sources did not meet the set Olympic standards in the latest…
Uganda is a front runner country in the implementation of the Sustainable Development Goals (SDGs) with many good examples from which other countries can learn, the Minister for General Duties in the Office of the Prime Minister Justine Kasule Lumumba…
The new United Resident Coordinator Susan Namondo Ngongi has pledged the UN support to Uganda towards attainment of the Sustainable Development Goals (SDGs). This was during the inaugural meeting with the Minister for General Duties Justine Kasule Lumumba at the…
The Uganda Investment Authority (UIA) is on move to prioritize channeling its investment support to local scientists and innovators that are active in the pathogenic economy. Uganda stands to benefit from investments in this nascent sector. The COVID-19 pandemic has underscored…
Agriculture Minister Frank Tumwebaze has appointed an 11-member committee on issues of quality and the regulatory frameworks of agro chemicals and agro-inputs. The team was unveiled during a press conference at Uganda Media Centre on July 19th 2021. According to him, much…
Government has agreed to take over Busoga University as a public institution with its sh15b loan, which President Museveni on Sunday morning said will be paid after its accountability. The development follows a series of meetings between Government officials and…
The Communications sector in Uganda has weathered the storm caused by COVID 19 and registered growth, with total subscriptions crossing the 28 million mark, according to the Uganda Communications Commission (UCC) quarterly market report. The report indicates that there was…
Uganda National Examinations Board (UNEB) has released the 2020 Primary Leaving Examination during an event that was held at the State House Entebbe, presided over by First Lady and Education and Sports Minister Janet Museveni. The 2020 PLE results, overall,…
President Yoweri, in accordance with Article 174(2) of the 1995 Constitution of the Republic of Uganda, he has made reshuffles in the positions of Permanent Secretaries, in which Keith Muhakanizi has been replaced by renowned economist Ramadhan Ggoobi as the…
In the FY 2020/21, Uganda Revenue Authority (URA) collected net revenue of sh19.26Trillion and posted a growth in revenue of 14.99 percent in comparison to the FY 2019/20 and an estimated tax to GDP ratio of 12.99 percent, according to…
Prudential Assurance Uganda Limited (Prudential Uganda) has successfully transferred the policy holders, staff and agents of International Air Ambulance Healthcare (IAA Healthcare) to its business. This follows a comprehensive transfer process that was presided by the insurance industry’s supervisory body,…
Cabinet that sat on Monday July 12th 2021 approved 11 committee members to the Diary Development Authority (DDA), the Minister for ICT and National Guidance Chris Baryomunsi has said. The appointed committee has been tasked with boosting mobilization for milk production…
It’s a total lockdown countrywide, a number of business centers such as malls, arcades are closed and there is a ban on both private and public means of transport. As a result, people are not working and a number of…
By Wilson Ishimwe Uganda Bankers Association (UBA) has unveiled the Fourth Annual Bankers Conference 2021 that will be held 26th & 27th July under the theme “ Bend but Don’t Break, How the Financial Sector can thrive in the era of the…
The Uganda People’s Defence Forces (UPDF) Commander Engineering Brigade Besigye Bekunda has said that they have the capacity to execute Government construction projects in a timely manner because of the experience and the expertise they have in the sector for…
Multi-award winning journalist Solomon Serwanjja has quit the Naguru based NBS Television. Serwanjja announced his decision via his Twitter handle. “On 31st July, I will be leaving @nbstv. It has been such an honour to serve for the last 6…
Gov’t projects a sh2Trillion revenue shortfall in the first quarter of Financial Year 2021/22 as a result of the on-going nationwide total lockdown in which businesses are closed down, the Finance Ministry Permanent Secretary/ Secretary to Treasury Patrick Ocailap has…