Airtel Uganda increases internet bundles, leaves price uncnaged Kampala, Uganda | ISAAC KHISA | Telcom firm, Airtel Uganda has taken a price war to the door step of MTN Uganda with a massive increase in internet capacities. The telco, effective Feb.21, doubled daily internet bundles and increased the one on …
Read More »The Museveni-Mutebile conundrum
Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
Read More »Parliament tasks telecom operators on improved tariffs, network coverage
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …
Read More »MTN: Silicon valley in US consuming your data
Kampala, Uganda | THE INDEPENDENT | It is common for Ugandan mobile internet users to exclaim at how fast their internet bundles run out, saying the company has (eaten) stolen it! That is the common conclusion. This happens when a user fails to account for the data they have used within a …
Read More »Guard robs Sh100M from MTN dealer
Nakasongola, Uganda | THE INDEPENDENT | Nakasongola police are hunting for a security guard from J Unit security company for robbing Shillings 100 million from an MTN dealer. Nicholas Ojambo reportedly put the MTN agent from Nile Com Limited and driver at gunpoint in the forest between Katuugo Check-point and …
Read More »After MTN listing, Stock Market looks to Airtel in 2022
Kampala, Uganda | THE INDEPENDENT | Uganda’s stock market saw a big leap in growth in 2021, thanks to the listing of MTN Uganda, after more than three years of near-stagnation with limited shares activity. Over the year, the total value of the stocks of the locally listed companies, or …
Read More »MTN Uganda’s new journey
The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
Read More »MTN explains under-subscription as share price shoots up
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 …
Read More »MTN raises mobile money ceiling to Sh20 million as drive for shares increases
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 …
Read More »Stock market boost as MTN listing takes shape
Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …
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