Kampala, Uganda | THE INDEPENDENT | With barely 18 months to run out its 25-year concession, power distributor, Umeme Ltd has made a 49 percent growth in operating profit for the first half ended June 2023. The company attributed the profit before amortisation and impairment, tax, and interest of 243,530 billion …
Read More »Uganda telecom rebrands, executives promise customers reliable network
Kampala, Uganda | THE INDEPENDENT | Top government officials and executives at Uganda Telecommunications Corporation Limited have promised their clients a reliable voice, data, and related services following a rebranding exercise. According to the company’s Chief Operating Officer, Maggie Lutwama, the rebranding exercise involved having a new logo and tagline …
Read More »Uganda’s Brainchild BCW recognized at Global African Excellence Awards
London, UK | THE INDEPENDENT | Brainchild BCW, one of Uganda’s top public relations, digital, and events agency has been named Best PR and Digital Agency at African Excellence Awards that seek to recognize outstanding African companies and individuals who have contributed to Africa’s growth, it said on Aug.21 in …
Read More »Urban transport across Africa turns to electrification
Across Africa, public transport is embracing electrification at an unprecedented pace. Municipal administrations are taking the lead, forging vital partnerships with private enterprises to drive this eco-friendly evolution of bus fleets. SPECIAL REPORT | BIRD AGENCY | South Africa is the latest country to take the leap to sustainable urban …
Read More »Mukono leaders seek help of security to track YLP, UWEP defaulting groups
Mukono, Uganda | THE INDEPENDENT | Mukono Municipal Council authorities have resorted to security to recover the funds disbursed under the Youth Livelihood Project (YLP) and Uganda Women Empowerment Programme (UWEP). The Municipal Council received over Shillings 1.3 billion, which was distributed to different beneficiary groups as part of these …
Read More »M-pesa entry into Ethiopia signals start of mobile money battle
As Safaricom launches M-PESA in Ethiopia with plans to mirror its huge success in Kenya, a battle with an incumbent looms large. SPECIAL REPORT | BIRD AGENCY | Safaricom’s activation of M-Pesa in Ethiopia, will initiate battle for a potentially huge mobile money market. But for once, the regional giant …
Read More »Kinyara sugar loses UGX 6.8b to fire outbreaks
Masindi, Uganda | THE INDEPENDENT | Kinyara Sugar Limited lost 6.8 billion Shillings to fires that gutted sugarcane plantations in their areas of operations last season. Records at Kinyara Sugar Limited indicate that the sugar company lost 1,700 hectares of sugar cane plantations to fires during the season. These majorly affected …
Read More »More measures to safeguard fintech operations coming – BOU
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda is due to launch new measures to enhance the security of online and mobile transactions as the financial technology industry grows. The financial sector is enjoying much faster growth than in years prior to the last decade boosted by digital innovations, …
Read More »Patrick Ayota handed NSSF top job
Kampala, Uganda | THE INDEPENDENT | Patrick Ayota has been named the new National Social Security Fund (NSSF) managing director, to take over from Richard Byarugaba whose contract was not renewed. “We are pleased to inform NSSF members, stakeholders and the public that the Minister of Gender, Labour, and social …
Read More »Roke Telkom, GX Group partner to enhance Uganda’s internet experience
Kampala, Uganda | THE INDEPENDENT | Telecommunications company Roke Telkom and GX India, a globally renowned networks solutions firm in India, have announced a partnership that will revolutionize internet usage in Uganda, by bringing affordable Gigabit Passive Optical Network (GPON) products to Uganda, further enhancing the internet experience of customers. The …
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