Business

  Nairobi, Kenya | NEWS CORRESPONDENT | A new partnership between Equity Group, AfricaNenda Foundation and the Gates Foundation is set to accelerate the development of Digital Public Infrastructure (DPI) across Africa in a move expected to expand financial inclusion, strengthen digital payment systems and support cross-border trade. The initiative, …

  Kampala, Uganda | JULIUS BUSINGE |  “We are sorry to our customers who were affected by the service disruption that happened on Sunday.” That apology dominated a media briefing addressed by top MTN Uganda officials at the company’s headquarters in Kampala on July 7, as management sought to explain …

  For years, tourism entrepreneur Amos Wekesa has traversed continents persuading the world that Uganda is one of Africa’s most rewarding tourist destinations. But as epidemic outbreaks, travel advisories and domestic political discontent converge, the country’s most vocal tourism ambassador finds himself defending not just Uganda’s image abroad, but also …

  The project, however, remains the subject of criticism from environmental organisations, which have raised concerns about its ecological and climate impacts   Kampala, Uganda | JULIUS BUSINGE | The East African Crude Oil Pipeline (EACOP), one of Africa’s biggest energy infrastructure projects, has passed the 90% completion mark, bringing Uganda …

  COMMENT |  DAVID BIRUNGI | Our neighbourhoods are looking disorganised. Even before the fiber wires arrived, we were not well organised. We live on 50×100 plots with no back alleys, no utility ducts, no aesthetically pleasing architecture or comfortable physical land use. It is not unusual to find a …

  Shareholders approved a final dividend of Shs6.4 per share, taking the total payout for the year to Shs16.6 per share, up 23 percent from Shs13.5 in the previous financial year   Kampala, Uganda | JULIUS BUSINGE | Quality Chemical Industries Limited (Qcil) has said it remains confident in its …

Kampala, Uganda | URN | The disruption began around midday and became more widespread from about 1 p.m., with subscribers reporting that they could neither make nor receive calls, access mobile data, nor complete Mobile Money transactions. After several hours of disruption, MTN Uganda acknowledged the outage, attributing it to …

  The exit of a lottery operator exposes both the strain and the strength of a booming digital gambling industry   Kampala, Uganda | JULIUS BUSINGE |  The exit of ITHUBA Uganda Limited from the National Lottery business has drawn fresh attention to the stability of Uganda’s fast-growing gaming industry, …

PRETORIA, South Africa | Xinhua | Chinese automaker Chery on Friday officially launched its manufacturing plant in Rosslyn, north of South Africa’s administrative capital Pretoria, marking its transition into a local manufacturer and deepening its long-term commitment to the South African market. Addressing the launch ceremony, Chery Chairman Yin Tongyue …

Kampala, Uganda | THE INDEPENDENT | M-KOPA Uganda unlocked more than Shs1 trillion in cumulative credit for over one million customers since launching operations in 2013, marking a major milestone in expanding access to smartphones and digital financial services for Ugandans excluded from traditional banking systems. The company said the achievement …