Kampala, Uganda | THE INDEPENDENT | Uganda Telecom administrator, Bemanya Twebaze has said that auditing of the company’s operations can only happen at the end of his administration. Twebaze denied that he had blocked any audit, but said that it was not the right time for government to carry out …
Read More »Search Results for: uganda telecom
We have lost control of UTL-Anite
Kampala, Uganda | THE INDEPENDENT | The Government has lost control of Uganda Telecom. This was revealed by the State Minister for Investment and Privatization Evelyn Anite. On Thursday, Members of Parliament learnt that the Nigerian firm contacted to revamp UTL, Taleology Holdings GIB Ltd failed to meet its contractual …
Read More »Gov’t offers to pay UTL liabilities to attract new investor
Kampala, Uganda | THE INDEPENDENT | Government has offered to waive all the liabilities held by Uganda Telecom Limited (UTL), as one of the attempts to attract a buyer for the company. This is according to two people, who are familiar with the search. This means that the government …
Read More »UTL’s prospective investor fails to raise capital
Back to the drawing board: UTL’s prospective investor fails to raise capital, but the good news is that the company is yet to accrue new debts Kampala, Uganda | JULIUS BUSINGE | Ugandan government is back to the drawing board to identify a new prospective investor to take over 69% …
Read More »Turning digital ideas into impact
Kampala, Uganda | ISAAC KHISA | Patrick Adengo is the Managing Director at the Stalworth Consulting Group, LLC. He spoke to The Independent’s Isaac Khisa about the company operations and digital and technology sector related issues. How would you describe Stalworth Consulting Group, LLC? Stalworth Consulting Group (SCG) is a management and strategy consulting firm …
Read More »Financial literacy in adults gets a boost
Poor money management skills blamed for the biting poverty Kampala, Uganda | THE INDEPENDENT | Teaching financial literacy to adult populations has got a lift with the unveiling of an online platform that will make financial education more interesting. SIMU Plus has partnered with Uganda Telecom for a roll-out of …
Read More »Govt supports Muhakanizi proposals on UTL revamp
Kampala, Uganda | THE INDEPENDENT | Uganda has stepped up the search for an investor to revamp Uganda Telecom Limited (UTL), with Cabinet approving a proposal by the Ministry of Finance to provide a range of incentives to attract competent bids. “Cabinet agreed to and approved the proposal by the Ministry …
Read More »MTN licence expires, rivals fight renewal
MTN licence expires: Dirty details of Uganda telecom sector exposed Kampala, Uganda | HAGGAI MATSIKO | Uganda’s largest telecom company, MTN Uganda is caught up in a fight to secure the renewal of its licence which expires this year, The Independent can reveal. With 55 percent of telecom market share …
Read More »UTL on route to recovery
UTL: Managers say revenue is up 7% monthly Kampala, Uganda | ISAAC KHISA | It has been turbulent times for the Uganda Telecom Ltd in the past few years but there are signs that it is finally turning things around since government placed it under provisional administration six months ago. Once …
Read More »Internet costs drop by 73% in 3 years
Why cost per Mbps has dropped by 73% in last three years Kampala, Uganda | JULIUS BUSINGE | The cost of internet in Uganda has dropped by 73% to US$70 per Mbps over the past three years, signaling a reduction in the cost of doing business. In an exclusive interview with …
Read More »