Kampala, Uganda | THE INDEPENDENT | MTN Uganda share prices gained on the first day of trading on the Uganda Securities Exchange, from the Initial Public Offer price of 200 shillings per share. The shares traded at an average sh205 per share, which was a gain of 2.5% from …

MTN raises share-buy limit to Ushs20m a day, talks of good Rresponse to IPO Kampala, Uganda | THE INDEPENDENT |  Telecom company, MTN has made a last-minute ditch to attract as many applications for the company’s shares as possible, with the closure of the Initial Public Offer, IPO, coming to …

  Airtel’s operations in East Africa have recorded approx.52% surge in operating profits to US$279m for the half year period ending Sep.30 riding on a balanced growth of almost all its product segments. The company’s East Africa business region includes Kenya, Malawi, Rwanda, Tanzania, Uganda and Zambia. Though Airtel Money …

  Revisiting Museveni’s ideas about Uganda and our wider continent after his 35 years (and counting) in power THE LAST WORD | ANDREW M. MWENDA | And so it was that recently, while perusing my library, I decided to reread President Yoweri Museveni’s book, What is Africa’s Problem. It is …

Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …

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 | At least 15 employees of Africell Uganda Limited have petitioned the Civil Division of the High Court challenging wrongful termination of their contracts. Led by Teddy Kisekka, the applicants want the court to declare that they were unlawfully terminated from their jobs. As such, they …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Power of social media: Expert reveals how it shaped 2021 election THE LAST WORD No one size fits all: How Dubai, a city state ruled by an absolute monarch, challenges Western notions of …

COMMENT | HENRY NJOROGE | There’s no doubt that the COVID-19 pandemic has impacted Uganda in both an undesirable and positive way to some extent and this trend will continue– at least for the next couple of years. The last few weeks have been uneventful for the larger part of private …

  Kampala, Uganda | THE INDEPENDENT | Seven people have been arrested for allegedly defrauding over Sh 5 billion through the online banking system in Kampala. The suspects were identified as Fred Sitakyange, Ephraim Bagambe, Allan Juuko, Bairon Ndyamuhaki, Peter Katumba, Erasmus Mutambi and Ronald Bashijja. They were picked up in …