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Tag Archives: Kaboyo

Behind MTN share offer

Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …

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Luwero veterans challenge Minister Kaboyo over compensation pledges

  Luwero, Uganda | THE INDEPENDENT | Luwero district officials and legislators have complained to State Minister of Luwero-Rwenzori Triangle about government’s unfulfilled pledges to compensate veterans. The veterans said that despite contributing to the National Resistance Army War of 1981-1986 that ushered in the incumbent government, they have patiently …

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Russian vehicle tracking deal

How Museveni letter trapped Muhwezi Kampala, Uganda | THE INDEPENDENT | On Tuesday July 27, the new Minister for security, Maj. Gen. Jim Muhwezi made a humbling return to the headlines of Ugandan news media when he made a statement to parliament regarding the controversial vehicle tracking deal between Uganda …

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PLE results expose gaps in system

Experts blame outdated UNEB Act for failure rates Kampala, Uganda | AGNES E NANTABA | The recently released 2018 Primary Leaving Examinations (PLE) caused excitement for many pupils, parents, and schools. But for some top elite schools Jan. 17, the day when the Uganda National Examinations Board (UNEB) released the …

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Can Dfcu maintain high profits?

Performance of the economy likely to determine profitability going forward Kampala, Uganda | JULIUS BUSINGE | Dfcu bank’s net profit more than quadrupled to Shs 114bn for the six months ending June 30 after the acquisition of Crane Bank but analysts remain cautious on whether the bank will maintain the …

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More fraud unearthed at UTL

Uganda Telecom, placed under provisional administration by government remains in the news for the wrong reasons. A May report from a parliamentary select committee on management and performance of UTL indicated that company bosses; MD, chief finance officer, chief legal officer and chief human resource officer earned a total of …

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Museveni fights to save UTL

Experts commend move to protect bankrupt telco’s assets but say it needs a business plan that works Business at Uganda’s oldest and troubled telecom company, Utl, took another twist when the government on April 28 announced it has finally put it under provisional administration. The government, which recently took over …

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Uganda Telecom top managers fired

Top management at Uganda’s oldest telecom company UTL has been sacked to pave way for investigations into the company operations. In an interview with The Independent, Evelyn Anite, the state minister of finance for investment and privatization confirmed Uganda Telecom Ltd (UTL) has been put under provisional administration for one month (from …

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