MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
The Ministry of ICT and National Guidance, in partnership with MultiChoice Uganda, has officially launched a nationwide Digital Skilling Programme for Government Communication Officers and unveiled Season 4 of the Ugandan Podcast—both initiatives marking a major milestone in Uganda’s digital
President Museveni, accompanied by the First Lady and Minister of Education and Sports, Janet Museveni, has addressed a rally at Kichwamba Secondary School in Kitagwenda District, thanking residents for their cooperation in maintaining peace and rejecting rebel activities.He credited
The Bishop of Bukedi Diocese, Rev. Samuel Bogere Eggesa, has urged all churches under his jurisdiction to urgently secure and formalise ownership of their land, warning that failure to do so could result in widespread loss to encroachers and land grabbers.Speaking at a landmark ratificatio
President Museveni has emphasized the need for irrigation, pasture planting, and modern farming practices to boost agricultural productivity and stabilize markets.He made the remarks while addressing a public rally at Sembabule playgrounds in Sembabule town council on Sunday.Hi
Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns
Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
A recent whistleblower report has unveiled alleged widespread mismanagement and corruption within the National Agricultural Research Organization (NARO), casting a shadow over Uganda’s critical agricultural sector. These revelations come at a time when agricul
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
