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MTN, Airtel, UCC sued over internet shutdown during elections

MTN, Airtel, UCC sued over internet shutdown during elections

The Executive Director of the Uganda Communications Commission (UCC), George William Nyombi Thembo, addresses a press conference on the internet shutdown ahead of the general election in Kampala, Uganda, January 13, 2026. Two lawyers have filed a case in the Civil Division of the High Cour

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UEDCL Announces Stable Electricity Tariffs for Q1 2026

UEDCL Announces Stable Electricity Tariffs for Q1 2026

The Uganda Electricity Distribution Company Limited – UEDCL has released the approved retail electricity tariffs for the first quarter of 2026 (January-March), as sanctioned by the Electricity Regulatory Authority (ERA).These rates apply to all consumer categories, including domestic, co

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MTN Mobile Money loans on track to reach Shs 2.5 trillion

MTN Mobile Money loans on track to reach Shs 2.5 trillion

2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ

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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi

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Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

A team from the China-Uganda Mbale Industrial Park briefs President Museveni and First Lady Janet Museveni. Far right is Luke Wang, Managing Director, Tian Tang Group, and Lucy Zhang, Group CEORWAKITURA, Uganda | THE INDEPENDENT | President Yoweri Museveni has approved a proposal to estab

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigation into sta

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China's exports grow 5.9% in November, while US shipments drop 29%

China's exports grow 5.9% in November, while US shipments drop 29%

FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the

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New Digital Creators Summit to Boost Creative Economy

New Digital Creators Summit to Boost Creative Economy

Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital Creators Summit, a major initiative aimed at empowering young creators with digital skills, business training, financial literac

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