COMMENT BY: Badru Walusansa Facilitate transition from education the world of work by passing on work skills and industry competencies Graduate unemployment in Uganda is stale news. Graduate unemployment figures have significantly soared for the last decade leaving no sign of scaling down. Every year, both public and private universities …
Read More »MTN denies illegal transfer of $14 bn from Nigeria
Abuja, Nigeria | AFP | South Africa’s MTN has denied it illegally transferred $13.9 billion from Nigeria in the latest scandal to hit the telecom firm in its largest market in the continent. The Johannesburg-based firm is facing a parliamentary probe over accusations it connived with senior Nigerian officials to …
Read More »MTN adds one million subscribers in six months
In six months since December 2015, MTN Uganda added one million subscribers, growing from 8.9 million to 9.9 million by June 30. Also, the half year financial results show that in the same period, revenue at Group level increased by 14% to R78, 878 million. But capital investment in Uganda …
Read More »MTN’s MoKash to the rescue
Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …
Read More »MTN appoints new CEO
Johannesburg, South Africa | AFP | South Africa-based Telecoms giant MTN on Monday named a new chief executive after resolving a dispute with Nigeria over a huge fine for failing to disconnect millions of unregistered mobile phone lines. MTN announced that Rob Shuter, a South African who is currently the …
Read More »Mission accomplished?
Brian Gouldie, the outgoing MTN Uganda CEO, says he is not being replaced in Uganda because of non-performance. Reacting to The Independent’s lead story titled, ‘Why MTN boss is leaving’ (June 03-09), Gouldie defended his two-year tenure saying the company’s objectives of bringing him to Uganda have been achieved. Without …
Read More »SH380Bn: New MTN headquarters, countrywide optic cable
Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 4, 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 …
Read More »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 …
Read More »BUDGET: Museveni warns telecoms on tax evasion
President Yoweri Museveni has said government will acquire the latest communication equipment to end what he termed rampant tax evasion and corruption within telecom companies in Uganda. He said estimates indicate that the country was losing up to $400m (sh1.2 trillion) in tax per year. “There is still tax evasion …
Read More »Why MTN Uganda boss Gouldie is leaving
On May 26, Brian Gouldie, the chief executive officer of MTN Uganda appeared sharp in a navy blue suit, light blue shirt and yellow dotted tie as he presided over the announcement of the company’s new syndicated loan at the MTN Towers in Kampala. He couldn’t have been sharper for …
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