Kampala, Uganda | THE INDEPENDENT | MTN CEO Wim Vanhelleputte was Thursday night deported, weeks after three of the company’s expatriate staff were expelled. His deportation documents were signed by Internal Affairs Minister Gen. Jeje Odongo, hours after he had been held and grilled by security. He was later taken to …
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MTN Uganda troubles
MTN told to fulfill the National Broadband Policy as a condition to have its licence renewed Kampala, Uganda | ISAAC KHISA | It is impossible to tell a story about the Uganda’s telecom revolution that began more than 20 years ago without mentioning MTN. The South African firm entered the country’s …
Read More »Museveni warns telecoms on milking the economy
President to MTN, ‘Float shares on local stock exchange to correct trade deficit’ Davos, Switzerland | THE INDEPENDENT | President Yoweri Museveni has said government and business leaders must have a win-win formula devoid of exploitation of the local people to avoid grievances between locals and foreign investors. “We …
Read More »Telcos to list 30% stake on Uganda stock market
Kampala, Uganda | THE INDEPENDENT | Uganda will expect major telecommunication companies operating in the country to list 30% of their stock on the local bourse under a new policy intended to align operations in the sector with market realities. 256businessnews.com says the target is the two major mobile telephone …
Read More »Uganda loses 30 to 39% of VAT revenues – Study
Kampala, Uganda | THE INDEPENDENT | Uganda loses between 30 and 39 percent of revenues that should be collected through Value Added Tax (VAT). This is contained in a research paper titled “The Value Added Tax Gap Analysis for Uganda” authored by Economic Policy Research Centre (EPRC) researchers Corti Paul Lakuma …
Read More »Raxio Centre at Namanve to boost Uganda’s data storage
Kampala, Uganda | THE INDEPENDENT | Internet users in East Africa that stood at 92 million in January 2018, are slated to cross the 100 million users mark by end of 2018 and keep growing at an average 20% annually over the next 5 years. With more and more fibre …
Read More »Liquid Telecom partners with Kymeta
New partnership announced at AfricaCom 2018 brings together Liquid Telecom’s award-winning VSAT service with Kymeta’s high throughput satellite communication system Kampala, Uganda | THE INDEPENDENT | Leading pan-African telecoms group Liquid Telecom is extending its award-winning VSAT service through a new partnership with Kymeta, enabling it to deliver enhanced satellite mobile …
Read More »MTN Uganda starts 20th anniversary celebrations with Expo
Kampala, Uganda | IAN KATUSIIME | MTN Uganda has started its six month long campaign to celebrate its 20th anniversary with an Expo that thrilled revellers with artiste performances, a circus, robotics, fireworks display and a special production from renowned Uganda playwright Alex Mukulu. Lillian Mbabazi, Jose Chameleone, comedian Salvador Idringi …
Read More »Telecom listing
Good idea but needs to be cautiously handled Kampala, Uganda | JULIUS BUSINGE | Uganda’s plan to have telecom companies list on the stock market is a goodstep towards inclusive growth but should be handled cautiously to avoid discouraging investments. Financial and economic experts who spoke to The Independent said …
Read More »Insurer boosts Uganda’s renewable energy projects
The African Insurance Agency will support solar PV, hydro, wind, geothermal, biomass and cogeneration technologies Kampala, Uganda | ISAAC KHISA | The multilateral insurer, African Trade Insurance Agency (ATI), will provide up to US$10million as financial protection to new small and medium-sized renewable energy projects in Uganda to facilitate their smooth …
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