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Tag Archives: Business

MTN’s Shs 380 bn investments

Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 04, MTN CEO Brian Gouldie told journalists at a press briefing that the company was going to invest Shs 238 billion in its network in Uganda in 2016. On May 26 – exactly three …

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MTN to pay $1.7 bn Nigeria telecoms fine

Johannesburg, South Africa | AFP | South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users. The Johannesburg-based company said in a statement that “MTN Nigeria has …

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UBOS: Prices for manufactured goods increases

Uganda Bureau of Statistics (UBOS) has revealed an increase in prices of manufactured goods by 5.1% between April 2015 and April 2016. Some of the contributors to the annual increase include processed food by 8.1%, a result of a rise in sugar by 20.7%, processed coffee by 10.3%, vegetables and …

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Working to eradicate poverty

What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …

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Incubators to the rescue

Currently, Africa has about six agribusiness incubators, two of which are in Uganda At just 27, Sam Turyatunga is the proprietor of Tursam Investments Ltd, the producers of Uhuru branded juices. In 2015, he was producing 15,000 litres of juice and had a turnover of $5,000 (Shs 17 million) per …

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