Kampala, Uganda | THE INDEPENDENT | MTN Uganda has declared an interim dividend of Shs 5.4 per share, a total of Shs 120.9billion, after its net profit surged 21% to Shs 292.7billion for the nine months ending Sept.30. This is the second time that MTN Uganda has declared interim dividends to …

Kampala, Uganda | THE INDEPENDENT | A few weeks ago, Kenya’s newly elected President, William Ruto on his maiden trip to Dar es Salaam, congratulated Tanzania for joining the One Network Area. The One Network Area (ONA), is a regional framework mooted in 2014 where East African countries, Uganda, Kenya, Rwanda, …

Kampala, Uganda | THE INDEPENDENT | Ugandan traders have renewed their demands to Parliament seeking compensation of $15 million (57.535 billion Shillings) from the government for losses they incurred during the armed insurgency in neighboring South Sudan. The 160 traders led by Rashid Manafa, under their umbrella body, Joint Action for …

The cost of internet and infrastructure remains a big challenge to the telecom | THE INDEPENDENT | On October 4, Sylvia Mulinge took over as Chief Executive Officer at MTN Uganda, succeeding Wim Vanhelleputte, who assumed a new role in the West African market, a move that makes her the …

Nairobi, Kenya | Xinhua | Kenya’s apex bank on Tuesday announced the successful separation of telecommunications and mobile money business of the country’s second-largest telecom, Airtel Kenya, a first in the east African nation. The Central Bank of Kenya (CBK) said it had welcomed the milestone done by Airtel Networks Kenya …

The country’s internet is 35% worse than global average Kampala, Uganda | RONALD MUSOKE | Uganda is ranked 98th out of 117 countries when it comes to its citizens’ digital well-being, according to the 2022 digital quality of life index published on Sept.28. The study conducted by The Netherlands-based Surfshark, …

Government aware of harm to ICT use and innovations, growth in digital financial services, e-commerce, e-government | THE INDEPENDENT | The cost of internet use in Uganda is the highest in the world, according to research by Surfshark; a cybersecurity company based in the Netherlands that deals in virtual private …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s bold decision to list its shares on the Uganda Securities Exchange last year has propelled it to the league of Africa’s most valuable companies. The latest premier annual survey by South Africa’s African Business Magazine on Africa’s Top 250 Companies, ranked MTN Uganda …

Company CEO says it delivered a resilience half year amidst a difficult macroeconomic environment | THE INDEPENDENT | MTN Uganda has reported a 48.1% growth in profit after tax to Shs193.6bn for the first six months of 2022 amidst a tough economic environment. Wim Vanhelleputte, the company’s outgoing CEO said …

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 …