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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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UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Insurance has officially launched its new online motor and 

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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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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

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

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Controversial Military Bill Sparks Fears of Civilian Trials

Controversial Military Bill Sparks Fears of Civilian Trials

A contentious 143-page bill, the UPDF (Amendment) Bill, 2025, is set to be tabled in the Ugandan parliament today by Minister of Defence and Veteran Affairs, Jacob Oboth Oboth, triggering a wave of concern over potential civilian trials in military courts.The bill, a sweeping overhaul of t

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Three Hours Late and It's Black Smoke

Three Hours Late and It's Black Smoke

The first day of the papal conclave ended without a new pope, as black smoke billowed from the Sistine Chapel chimney at 9:01pm local time—nearly three hours after the expected time—signaling that no cardinal had secured the required majority in the initial vote.The black smoke leaves

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with

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Refugee Women in West Nile Camps Equipped With Financial Literacy Skills

Refugee Women in West Nile Camps Equipped With Financial Literacy Skills

Stanbic Bank Uganda has through its Stanbic for Her initiative, has partnered with UN Women to launch a transformative programme in the West Nile region, targeting both refugee and host communities.The initiative is designed to empower women through digital inclusion, financial literacy, a

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Airtel Strikes Deal to Extend Starlink's Satellite Internet to Uganda

Airtel Strikes Deal to Extend Starlink's Satellite Internet to Uganda

Airtel Africa announced an agreement with SpaceX to bring Starlink’s high-speed internet services to its customers in African countries, including Uganda.Currently, SpaceX has acquired requisite licenses in 9 out of 14 countries within Airtel Africa’s footprint. Operating licenses

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UGX 2 Billion Gold Scam Rocks Uganda: Dutch Investor Defrauded, Gulu University Official Investigated

UGX 2 Billion Gold Scam Rocks Uganda: Dutch Investor Defrauded, Gulu University Official Investigated

State inquiry launched into fraudulent mining deal that duped Dutch investor, exposed systemic abuse in Uganda’s extractive sectorKotido, Uganda – A significant financial scandal involving an alleged UGX 2 billion go

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