2nd African conference held on debt accountability mechanism Kampala, Uganda | IAN KATUSIIME | Fears about growing debt in African countries led to the hosting of the second African conference on Debt and Development that happened simultaneously in five African countries. Uganda Debt Network (UDN), a national advocacy organisation on …
Read More »MTN Uganda to connect network sites to hydro-electric grid
| THE INDEPENDENT | MTN Uganda is embracing renewable energy with the connection of all its network sites to the hydroelectric grid. The company has partnered with Ubuntu Towers Uganda and American Tower Company (ATC) to connect 250 network sites countrywide to the hydroelectric grid this year in a bid …
Read More »MTN Uganda H1 net profit up 48% to Shs193.6bn
Company CEO says it delivered a resilience half year amidst a difficult macroeconomic environment | THE INDEPENDENT | MTN Uganda has reported a 48.1% growth in profit after tax to Shs193.6bn for the first six months of 2022 amidst a tough economic environment. Wim Vanhelleputte, the company’s outgoing CEO said …
Read More »Wim Vanhelleputte bows out after 6-year stint at MTN Uganda
Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
Read More »YOTV unveils redesigned YOTV App
Kampala, Uganda | PATRICIA AKANKWATSA | YOTV Channels has unveiled a new state-of-the-art redesigned video streaming app. The new app expands its current offering from a few options to a large variety of live and video-on-demand content covering over 60 live TV channels, over 50 live radio stations, over 140 artists …
Read More »MTN Uganda appoints Sylvia Mulinge as new CEO
| THE INDEPENDENT | MTN Uganda has appointed Safaricom’s Chief Consumer Business Officer, Sylvia Mulinge, as its new chief executive officer effective October 1. She replaces Wim Vanhelleputte who has been promoted to a regional role as operating executive for the West and Central African Markets of Liberia, Guinea-Conakry, Guinea-Bissau, …
Read More »MTN Uganda posts net profit of Shs 100bn in Q1
The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …
Read More »MTN rebrands as telcos turn to tech
With a new logo and fresh ambitions, Africa’s largest mobile telecoms service provider is pivoting towards fintech and enterprise services | TONDERAYI MUKEREDZI | As the world increasingly becomes digitised, African telcos are calibrating their business models towards fully integrated digital and financial services enterprises. Continental telecoms giant MTN Group …
Read More »Tech experts urge enterprises to adopt cloud technologies
Kampala, Uganda | THE INDEPENDENT | Experts in the technology sector have urged local enterprises to opt for advanced systems to match the demands of the evolving business environment. Farouk Semambya, an Information Technology (IT) Architect at MTN Uganda says cloud computing technologies allows enterprises to introduce new ways …
Read More »Behind MTN’s income decline
But the telco recorded 5.8 % growth in net income to Shs 340.4 billion Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom firm, MTN Uganda, said a one-off payment for interim operating license and contract termination of a service provider saw its full year income reduce by Shs 62.3 …
Read More »