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Mining sector blues

Experts want the government to offer incentives to bolster the sector’s growth   Kampala, Uganda | JULIUS BUSINGE | Private sector players have called on the government to offer incentives to players in the mining sector to bolster its growth and create opportunities. Frank Mugyenyi, Founder of Global Minerals Africa Development …

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William Sekabembe retires from dfcu

Kampala, Uganda | THE INDEPENDENT | dfcu’s executive director William Sekabembe will leave the Bank at the end of August after serving in different capacities for 11 years. The Board of dfcu hereby announces the early retirement from the Bank of its executive director,” the notice signed by Angellina Namakula Ofwono, …

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MTN MoMo mulls plan to fund agents, merchants

The company’s agents have declined by 5.5% to 162,000 as it continued to execute its agent rationalisation strategy geared towards sustainable growth Kampala, Uganda | PATRICIA AKANKWATSA | MTN Uganda’s subsidiary, MTN Mobile Money Uganda Ltd, plans to partner with financial institutions to extend credit to MTN Mobile agents and merchants …

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Airtel Uganda to offer 20% stake through IPO

The company will give more preference to Ugandan investors Kampala, Uganda | PATRICIA AKANKWATSA | Airtel Uganda plans to float a 20% stake in the company, equivalent to 8 billion ordinary shares, via an initial public offer (IPO) to be listed on the Uganda Securities Exchange (USE). The operator said that …

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