Why brokerage firms must diversify investments to cope with emerging stock market trends Kampala, Uganda | JULIUS BUSINGE | Once upon a time, being a stockbroker was comfortable, genteel and lucrative, according to Andre Cappon, the chief executive officer, CBM Group, a management consultant firm specialising in financial services based …
Read More »Search Results for: uganda telecom
UCC claims success in slashing dropped, blocked calls
Kampala, Uganda | THE INDEPENDENT | The Uganda Communication Commission-UCC says that it has saved telecom users from a loss of up to USD 500 million (1.8 trillion Shillings) in dropped and blocked calls. UCC Communications Officer Ibrahim Bbosa says that Ugandan telephone users were suffering a 5 per cent …
Read More »UCC switches off three radio stations in Soroti
Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission-UCC has switched off three radio stations in Soroti for alleged failure to pay their annual license fees. They are Voice of Teso, which belongs to Captain Mike Mukula, the NRM Vice chairperson Eastern region and Kyoga Veritas and Delta FM that …
Read More »NRM rebel MPs critique President Museveni’s speech at NRM retreat opening
Kampala, Uganda | THE INDEPENDENT | Mr. President you and the caucus leadership thought that we who often have a different opinion from yours and have the capacity to challenge your views should not attend the Kyankwanzi parliamentary caucus retreat. Your decision did not surprise us because you also did the …
Read More »COMMENT: Africa’s digital generation gap
Governments have only just awoken to the digital economy but are stifling not supporting startups Project Syndicate | Perseus Mlambo | Africa is the youngest place in the world. But because African heads of state tend to be older – with an average age of 62 – they are out of …
Read More »UN confirms 19 staff killed in Ethiopian airlines crash
Kampala, Uganda | THE INDEPENDENT | The United Nations Department of Safety and Security has confirmed that it lost 19 of its staff members in the Ethiopian Airlines crash which killed more than 150 people yesterday. Among the dead are seven staff of the World Food Programme and two from the …
Read More »MTN gains 16 million clients despite scandals
Johannesburg, South Africa | AFP | South African telecommunications giant MTN on Thursday said its subscriber base grew by 16 million customers last year to 233 million, good news for the embattled mobile operator. MTN faces regulatory issues in some of the countries it operates in, including the largest, Nigeria. A …
Read More »Airtel takes on rivals with 4G internet
New initiative expected to drive the company’s revenue growth Kampala, Uganda | ISAAC KHISA | Airtel Uganda has unveiled a fourth generation (4G) internet services, stepping up the battle for customers in country’s telecommunication market. MTN Uganda and Africell unveiled their 4G services in 2015 and 2016 respectively, with the …
Read More »Deportations at MTN
Story behind dumping of 5 bosses Kampala, Uganda | HAGGAI MATSIKO | Officially, the Feb. 14 deportation of MTN Chief Executive Officer (CEO), Wim Vanhelleputte was sparked by President Yoweri Museveni’s concerns over alleged gross crimes by MTN staff; including threatening national security. But investigations by The Independent have found …
Read More »New details on MTN deportations
Kampala expels boss of MTN’s Uganda arm, citing ‘national security’ Kampala, Uganda | AFP | Compromising national security has been cited as one of the reasons Kampala has deported the Belgian CEO of the Ugandan branch of MTN Wim Vanhelleputte. It is the fourth such expulsion targeting the South African telecoms …
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