By Haggai Matsiko Bank of Uganda (BoU) officials are planning a major investigation into MTN Mobile Money dealings following an expose by The Independent. A source at the central bank has revealed that the Executive Director Supervision, BoU, under whose docket supervising financial institutions falls, has directed Stanbic Bank to …
Read More »Inside MTN mobile money saga
By Haggai Matsiko and Ian Katusiime Accusers explain how MTN created Shs23 billion `fake’ money Museveni’s PGB guarding witnesses Mobile money services in Uganda are coming under scrutiny and what is emerging is troubling. At the centre of the saga in which President Yoweri Museveni is personally involved, is Uganda’s …
Read More »MTN explains standoff with customers
By Julius Businge Uganda’s largest telecommunication firm, MTN has today clarified on reports that a good number of its customers are not happy with its data services. Speaking to journalists at the company’s headquarters in Kampala on Nov. 18, the company’s CEO, Brian Gouldie, said MTN has all the experience …
Read More »MTN to launch 4G technology
By Joan Akello MTN has announced that it has started installing Long Term Evolution (LTE) network, a ‘standard for wireless communication of high-speed data for mobile phones and data terminal’, known as 4G technology. The network infrastructure upgrade plan will provide its customers with faster data access and speed of …
Read More »When will MTN sell shares to Ugandans?
By Kavuma-Kaggwa MTN makes huge amounts of revenue from Uganda annually and almost the whole of it goes to South Africa The giant telecom MTN of South Africa recently marked 14 years of operation in Uganda. In a congratulatory message on the occasion, the MTN Board Chairman, Charles Mbire, said …
Read More »MTN files complaint against Judge
By Joan Akello MTN Uganda has lodged a formal complaint with the Judicial Service Commission (JSC) in Uganda against the Chief Magistrate of the Buganda Road Magistrates Court, Sylvia Nabagala. The complaint concerns Nabagala’s professional misconduct in contradictory rulings and disregard of due process. It is alleged that the magistrate …
Read More »Leaving MTN with an impressive record
By Magnus Mazimpaka The International Telecommunication Union (ITU) appointed MTN’s Chief Operations Officer for Rwanda, Andrew Rugege, to head its Eastern Region. In five years Rugege has overseen MTN Rwanda grow from just 300,000 to almost 3 million subscribers. Magnus Mazimpaka spoke to him about his time at the …
Read More »MTN challenged
By Eriasa Mukiibi Sserunjogi Telecom leader explains why it’s not panicked by competitors clawing at its market share Since Warid Telecom announced a 50 percent call tariff cut mid-last month, the competition have, as expected, responded with similarly severe call tariff calls. Most mobile telephone service operators now charge Shs …
Read More »MTN challenged
By Eriasa Mukiibi Sserunjogi Telecom leader explains why it’s not panicked by competitors clawing at its market share Since Warid Telecom announced a 50 percent call tariff cut mid-last month, the competition have, as expected, responded with similarly severe call tariff calls. Most mobile telephone service operators now charge Shs …
Read More »MTN revenues grow 9% in 2009
By The Independent Team South Africa and East Africa segment posts 6% loss MTN Group last week announced an increase in revenue and subscribers for the year ended 31 December 2009, they however admitted a negative impact due to the economic crisis, the introduction of new regulations such as SIM …
Read More »