Kampala, Uganda | THE INDEPENDENT | MTN Uganda unveiled the second phase of MTN ACE-Tech known as the MTN Ace-Tech-Incubation program aimed at equipping enterprises with skills needed to successfully spur growth of their businesses. This follows conclusion of the MTN Ace-Tech’s first phase this month that involved training 130 individuals …
Read More »MTN Uganda boosts Uganda Communications Universal Service and Access Fund with Shs36bn
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has today boosted the Uganda Communications Universal Service and Access Fund with UGX 36 billion for the year 2023 towards extending communications services to the underserved and unserved areas All licensed telecom operator’s telecom in the country are required to pay a statutory …
Read More »Private sector players partner with gov’t in seeking trade and investment opportunities
Kampala, Uganda | THE INDEPENDENT | Private sector’s decision to join the government to host the second leg of the Uganda-South Africa Summit in Kampala planned later this year shows a changing narrative in the private sector space, as companies seek business deals and contribute to the country’s growth. The summit …
Read More »UIA unveils Simbula with Motor Third Party Insurance campaign
Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association (UIA) says motorists are yet to fully respect the Motor Third Party insurance cover policy despite being mandatory to all. Juliet Igonu, the Technical Manager-Non-life insurance at UIA says recent figures show that less than 1 million vehicles have Motor Third Party …
Read More »Playing politics with the Budget
Experts speak on 2023/24 allocations, taxes, borrowing COVER STORY | ISAAC KHISA | The government’s plan to spend more money next financial year which it hopes mainly to borrow because it cannot raise it otherwise, has led to accusations that “it is playing politics with the budget”. “Our government should not …
Read More »Fresh Dairy injects Shs 240million in Secondary School games – 2023 edition
Kampala, Uganda | THE INDEPENDENT | Milk processor, Fresh Dairy, has injected Shs 240million in the upcoming Fresh Dairy Secondary School Games, 2023 edition. The firm’s Marketing Manager, Vincent Omoth said, said they committed a five-year contract with the Uganda Secondary Schools Sports Association in 2019 to boost sports in secondary …
Read More »BUGIRI: MTN Foundation hands over a new classroom block, rainwater harvesting facility at Town View PEAS High School
Bugiri, Uganda | THE INDEPENDENT | Town View PEAS High School in Bugiri District has today received a major boost of infrastructure and water support worth UGX 202 million courtesy of MTN Foundation. The school located in Ndifakulya Parish with a catchment of 15 primary schools in Bugiri Municipality, provides access …
Read More »More than half of listed companies on USE recorded profits
Banking entities posted impressive growth in profit after tax during the year owing to the opening up of the economy and the subsequent growth in the private sector credit Kampala, Uganda | ISAAC KHISA | More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in …
Read More »Insurers launch inaugural insurance walk
Kampala, Uganda | THE INDEPENDENT | For most people, knowing that they have medical insurance cover means they can receive treatment whenever they fall sick. This in turn has greatly affected their efforts to live a better life by eating healthy and exercising regularly. This, according to stakeholders in the insurance …
Read More »MTN MoMo Payment boosts SMEs
Kampala, Uganda | ISAAC KHISA | A little more than five years ago, Small and Medium Enterprises had limited options to receive payments from customers and businesses. They relied on cash and sometimes on cheques or bank transfers, methods that were deemed inconvenient. But this has since changed, thanks to the …
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