Tag Archives: MTN Uganda

Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholders are due to get their first dividends since the company listed on the Uganda Securities Exchange, with the register for those eligible closing June1. The shareholders will have their dividends paid on June 24, with each share earning the holder 4.706 shillings, …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda and Mayuge Sugar have boosted this year’s Busoga Masaza Cup tournament with 400 million Shillings. The sponsorship that will help promote sports and talent scouting in the sub region saw MTN give 350million and Mayuge Sugar 50 million, to ensure smooth operations throughout …

The telecom firm plans to raise US$1.2bn in IPO Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom, MTN Uganda, is set to reveal its new growth plans and opportunities on Oct. 11 when it publishes its indicative price range ahead of the expected US$1.2billion initial public offering (IPO). MTN …

Kampala, Uganda | THE INDEPENDENT | The opening of the sale of shares of MTN Uganda to the public has caused a stir among Ugandans, especially on the possible risks and what some have assumed as the exclusion of the mobile money business from the deal. As a requirement by the …

Kampala, Uganda | THE INDEPENDENT | Starting June 1st, Ugandans will have mobile money transactions run by companies separate from the traditional telecoms that have been operating the business. This follows the licensing of three companies to operate mobile money services in Uganda including MTN Mobile Money Uganda Ltd and Airtel Mobile …

Kampala, Uganda | THE INDEPENDENT | High Court in Kampala has upheld a decision by Uganda Communications Commission-UCC, for telecom company MTN to pay 51 billion Shillings (14.14 million USD) as license fees. In July 2020, UCC wrote to MTN requiring them to pay a license fee for the transitional period of …

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority expects to reap Non Tax Revenue of  1.15 billion Shillings from the listing of telecom giant MTN Uganda on the Uganda Securities Exchange. This was disclosed by the Chief Executive Officer of the authority Keith Kalyegira while appearing before the Finance …

Kampala, Uganda | Julius Businge  | MTN Uganda and International Medical Group and International Medical Center have signed a memorandum of understanding to provide digital health services across the country. Telemedicine is a situation where a medical doctor interacts or offers medical services to a patient through internet enabled devices like …

Kampala, Uganda | THE INDEPENDENT | Telecommunication giant MTN Uganda is in trouble for the alleged sale of “Kwata Esimu” song which belongs to Winnie Nwagi and Mubarak Adams Mandela alias Free Boy as a caller tune. Viva Entertainment Limited has sued the telecom company in the Civil Division of High …

Kampala, Uganda | THE INDEPENDENT | The Constitutional Court has dismissed a petition challenging the actions of the Directorate of Public Prosecutions to withdraw tax evasion charges against 12 senior executives of MTN Uganda Limited. In a majority decision of four Justices against one written by Justice Ezekiel Muhanguzi, the Justices …