Kampala, Uganda | THE INDEPENDENT | Fifteen young Ugandan innovators representing 15 startups, have been nominated to showcase their creations at the next GITEX AFRICA 2024. GITEX (Global Information Technology Exhibition) AFRICA is the African version of GITEX Global held annually under the hospices of the Dubai World Trade Centre, as …
Read More »Search Results for: uganda telecom
Uganda’s biggest banks record bumper profits amidst industry turmoil
Six banks adjust growth strategies, as Equity Bank dips into a loss territory Kampala, Uganda | JULIUS BUSINGE | Uganda’s biggest banks recorded bumper profits in 2023 amidst industry turmoil that forced smaller banks to either divest their shares or voluntarily downgrade to credit institutions in response to the regulator’s revised …
Read More »MTN Uganda firms market grip with 500,000 new customers
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has strengthened its grip on the mobile networks market, growing its new customer base by more than 500,000 in the past four months to hit 20 million. The telecom company’s subscribers stood at 19.5million as at the end of December 31, 2023, according …
Read More »Telecoms: We should jointly nurture the same small talent
Kampala, Uganda | THE INDEPENDENT | Telecommunication companies have teamed up to guide upcoming and prospective telecom engineers to ensure a bigger pool of professionals to serve the sector. Rajesh Agarwal, Airtel Uganda Networks Director says that just like the Ugandan market, the human capital resources from which the telecom’s source …
Read More »UCC urges telecoms to open up on data operations
Kampala, Uganda | THE INDEPENDENT | The Uganda Communication Commission (UCC) is calling for transparency from telecom operators and internet service providers regarding their data processes to address customer frustrations regarding data inconsistencies. During a town hall meeting with data providers, Nyombi Thembo, the UCC executive director, emphasized the regulator’s …
Read More »Airtel Uganda hands UCC sh34.8 billion to support rural infrastructure development
Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has today handed over a cheque of shs 34.8 billion – 2% of the annual gross revenue for the year ending 2023 – to the Uganda Communications Commission (UCC) to support the country’s communication infrastructure development. The announcement was made during a press …
Read More »MTN Uganda launch life-changing spring wells for Gulu City residents
Gulu, Uganda | THE INDEPENDENT | More than 8,000 residents across Gulu City are set to gain access to clean and safe drinking water following completion of four spring wells, thanks to a collaborative effort between MTN Uganda’s philanthropic arm, MTN Foundation and Safe Water Uganda, a community-based organisation. This initiative, …
Read More »MTN Uganda boosts female entrepreneurship
The AWE initiative has increased representation of the telco’s women suppliers from 7% in 2023 to an impressive 15% Kampala, Uganda | THE INDEPENDENT | MTN Uganda has recorded a significant stride in championing gender diversity within its supply chain, increasing the representation of women suppliers from 7% in 2023 to …
Read More »MTN Uganda plans to further sell-down 7% shareholdings to broaden local ownership
The telecom firm reported a 16.1% increase in service revenue, reaching UShs 2.63 trillion for the year ending December 2023, with after-tax profits surging 21.4% to UShs 493 billion Kampala, Uganda | THE INDEPENDENT | Uganda’s largest telecom firm, MTN Uganda, plans to further sell-down the remaining 7% shareholdings to the …
Read More »Europeans provide Sh156 Bn for telecom towers
Kampala, Uganda | THE INDEPENDENT | TowerCo of Africa Uganda has secured US$40 million in long-term financing from Europe for the improvement of mobile phone network coverage in rural areas of Uganda, unlocking digital empowerment and economic advancement. The funding has been from several financiers, including the European Investment Bank, …
Read More »