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MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance

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Rwenzori Mountains of the Moon Coffee Elevates Uganda’s Agricultural Exports

Rwenzori Mountains of the Moon Coffee Elevates Uganda’s Agricultural Exports

Uganda is launching a transformative initiative to protect and promote its first-ever Geographical Indication (GI), the Rwenzori Mountains of the Moon Coffee.This strategic move not only sets a new era for Uganda's coffee industry but also significantly enhances the livelihoods of local fa

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Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Demand for Data Centres Goes up as Uganda’s Digital Revolution Takes Shape

Experts have said demand for data centres will continue going up as Uganda’s digital revolution takes shape.Uganda is on the cusp of a digital revolution, with citizens, businesses, and the government embracing technology to redefine the economic landscape.Speaking on Tuesday, off

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Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating

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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Airtel’s Statutory Levy to UCC to Rises by 11.4% to  Hit Shs38bn

Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn

Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last

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Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai

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Uruguay's José Mujica, world's 'poorest president', dies

Uruguay's José Mujica, world's 'poorest president', dies

Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre

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The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re

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Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

President Museveni has called on leaders and citizens of the Rwenzori sub-region to take full responsibility for ensuring the success of the Parish Development Model (PDM), warning them against the complacency that undermined earlier government poverty eradication efforts such as Entandikwa, NAAD

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