Tag Archives: mtn

Back to the drawing board: UTL’s prospective investor fails to raise capital, but the good news is that the company is yet to accrue new debts Kampala, Uganda | JULIUS BUSINGE | Ugandan government is back to the drawing board to identify a new prospective investor to take over 69% …

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 …

Kampala, Uganda | THE INDEPENDENT | MTN-Uganda Chief Executive Officer, Wim Vanhelleputte has been deported. Wim Vanhelleputte was deported on Thursday night aboard Brussels Airlines on the orders of the Internal Affairs Minister, Gen Jeje Odong. The Belgian is the fourth employee of Uganda’s telecom giant to be deported in the …

Kampala, Uganda | THE INDEPENDENT | MTN CEO Wim Vanhelleputte was Thursday night deported, weeks after three of the  company’s expatriate staff were expelled. His deportation documents were signed by Internal Affairs Minister Gen. Jeje Odongo, hours after he had been held and grilled by security. He was later taken to …

MTN told to fulfill the National Broadband Policy as a condition to have its licence renewed Kampala, Uganda | ISAAC KHISA | It is impossible to tell a story about the Uganda’s telecom revolution that began more than 20 years ago without mentioning MTN. The South African firm entered the country’s …

  President to MTN, ‘Float shares on local stock exchange to correct trade deficit’ Davos, Switzerland | THE INDEPENDENT | President Yoweri Museveni has said government and business leaders must have a win-win formula devoid of exploitation of the local people to avoid grievances between locals and foreign investors. “We …

    Kampala, Uganda | THE INDEPENDENT |  Telecom giants MTN have confirmed the deportation of their two staff by Uganda authorities. In a statement issued on Tuesday morning, MTN confirmed the deportation of Olivier Prentout, the Chief Marketing Officer MTN Uganda and Annie Bilenge Tabura, the Head of Sales …

Kampala, Uganda | THE INDEPENDENT | Uganda will expect major telecommunication companies operating in the country to list 30% of their stock on the local bourse under a new policy intended to align operations in the sector with market realities. 256businessnews.com says the target is the two major mobile telephone …

Nigeria resolves $8 bln row with MTN Lagos, Nigeria | AFP |  Nigeria said it has resolved a dispute with Africa’s largest mobile operator over $8.13 billion (6.96 billion euros) which it accused MTN of illegally repatriating to South Africa. Africa’s biggest telecoms market Nigeria shocked MTN and foreign investors …

Kampala, Uganda | JULIUS BUSINGE | Wim Vanhelleputte, the MTN Uganda CEO says that they have committed Shs1billion commitment towards the MTN Startup Fund which forms part of their ambition to continue supporting local innovators. In a press release, Vanhelleputte encourages as many startups as possible to participate in the several …