The European backed network investment by TowerCo of Africa Uganda, formerly Ubuntu Towers Uganda, will overcome a key barrier holding back telecom access in rural Africa. TowerCo of Africa Uganda, a subsidiary of pan-African telecommunications service provider Axian Telecom, has…
Thursday 14th March 2024. Wakiso, Uganda – MTN Uganda’’s corporate social responsibility arm, MTN Foundation, has announced a substantial contribution of technical equipment and educational materials worth UGX 16 million to the Rotaract Club of Masaka. This support will help…
Patrick Pouyanné The Board of Directors of TotalEnergies SE this week decided to call an ordinary meeting which will among other matters retain Patrick Pouyanné, Chairman and Chief Executive Officer. There had been speculation that Patrick Pouyanné was about to…
PHOTO: John Rujoki Musinguzi, Commissioner General, URA John R. Musinguzi, the Uganda Revenue Authority (URA) Commissioner General, has been reappointed for a second 4-year term. He was first appointed in March 2022 to take over Uganda’s tax authority from Doris…
PHOTO: Fred Muwema, Chairman of the Anti Counterfeit Network Africa Kampala Uganda; March 14, 2024; The Parliament of Uganda through the Mover of the Private Member’s Anti Counterfeit Goods Bill (ACGB) 2023, Hon. Asuman Basalirwa (MP Bugiri) and Hon. Ebwalu…
The Nairobi Securities Exchange has today held a stakeholder engagement forum with commercial banks in preparation to the launch of the proposed hybrid bond market that will combine both onscreen and Over-the-Counter trading of fixed income securities. The forum enabled…
PHOTO: The Auditor General of Uganda, John Muwanga The government has witnessed an increase of nearly 80 percent in local revenue collection from local governments following the transition to online and mobile payment platforms. In 2017, the government started to…
Centenary Bank plans to use at least 50% of the financing to support women-run or women-owned businesses, in line with the EIB’s 2x Challenge criteria and SheInvest initiative. Uganda’s Centenary Rural Development Bank and Housing Finance Bank have secured a…
The Managing Director, DTB Bank, Mr. Thambi Varghese, highlighted the contribution of @dtb_uganda to the insurance sector saying “It’s very substantial, with over 10% of the total bancassurance contribution in 2022” He went on, “This is the most innovative agent…
Sim Tshabalala, Standard Bank Group Chief Executive says: “We are honored to receive this accolade, which affirms our commitments to providing consistently excellent service for our clients and to driving Africa’s growth”. Standard Bank has been ranked as the most…
(L-R) MTN Uganda CFO Andrew Bugembe, CEO Sylvia Mulinge and MTN MoMo MD Richard Yego announcing MTN Uganda annual performance in Kampala on March.06, 2024 Uganda’s largest telecom firm, MTN Uganda, plans to further sell-down the remaining 7% shareholdings to…
India High Commissioner to Uganda Singh Rawat, Chef Aruna Vijay and Plascon MD Santosh Gumte His Excellency Upender Singh Rawat, India’s High Commissioner to Uganda has emphasized the importance of preserving and celebrating native cultures, even in diaspora. “Festivals are celebrated differently in states.…
John Musinguzi, URA Commissioner General The Uganda Revenue Authority (URA) is set to enlist all vatable smaller and medium size businesses on the Electronic Fiscal Receipt and Invoice Systems (EFRIS), to ensure efficiency in the collection of Value Added Tax…
Manoj Murali, Airtel Uganda Manager Director In a dynamic market landscape, Airtel Uganda continues to demonstrate its resilience and commitment to long-term sustainability amidst evolving industry challenges. The telecommunications giant recently announced its strategic decision to adapt to market realities…
Stephen Asiimwe, the Private Sector Foundation Uganda (PSFU) Executive Director. Women Entrepreneurs from Busoga sub-region could benefit from access to patient and low-interest capital in the long run, thanks to the 2024 Women’s Day Katale slated for 15th and 17th…