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
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
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
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
MTN Uganda is undertaking a significant nationwide network upgrade initiative aimed at substantially improving the reliability and speed of its voice, data, and mobile money services.This ambitious project seeks to deliver a more seamless and enhanced digital
A YY Coach bus belonging to the popular YY Bus Company was involved in a serious accident earlier today just a few kilometers past Karuma Junction in U
The World Health Organization (WHO) has released its 2024–2025 Mid-Term Results Report, revealing unprecedented progress in global health, despite mounting economic and health challenges.The report highlights concrete gains in universal health coverage, health security, and healthier liv
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T
Centenary Bank has in conjunction with the National Forestry Authority (NFA) launched its efforts to restore 20 hectares of the degraded Masindi Central Forest Reserve.The exercise was launched at Nyangahya cell Masindi Municipality.This initiative brings to life a recent commi
