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MTN seeks to separate mobile money business from listed company

MTN seeks to separate mobile money business from listed company

MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t

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Shs 1 Trillion corruption scandal rocks NITA-U

Shs 1 Trillion corruption scandal rocks NITA-U

A project worth USD200million (about Shs1.1 trillion) by the World Bank hangs in balance following allegations of corruption and infighting at National Information Technology Authority-Uganda (NITA-U), this publication can exclusively report.In 2022, the

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Top Tips for Buying Property Abroad

Top Tips for Buying Property Abroad

Have you ever dreamt of sipping your morning coffee on a beachfront balcony, or cozying up by a fireplace in a charming European village? Owning property abroad can turn that dream into reality, offering a getaway, a potential investment opportunity, or

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Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

World's Top 10 Richest Women in 2024: Here is the list of the top 10 richest women in the world as of April 2024, and among them is Savitri Jindal, India's richest woman.Complete list of World's 10 Richest Women in 2024 Women, in particular,

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Tanzania President Samia eyes more Chinese loans at this year’s Focac

Tanzania President Samia eyes more Chinese loans at this year’s Focac

President Samia Suluhu Hassan will visit China in September for the Forum for China-Africa Cooperation (Focac), where she is expected to sign new loan deals as Tanzania begins to implement a freshly revised foreign policy.According to the Ministry of Fore

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Why Russia is Uganda and Africa’s key ally in trade, security

Why Russia is Uganda and Africa’s key ally in trade, security

Over the past six decades, Uganda and Russia have nurtured a burgeoning trade relationship characterized by mutual benefits. In recent years, the trade volume between the two nations has shown a significant upward trajectory.In the global arena, strateg

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Vision named among top 'kiosks' bleeding the taxpayer

Vision named among top 'kiosks' bleeding the taxpayer

President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside

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 Education reforms strive for quality, access

Education reforms strive for quality, access

In a bid to improve access to quality education for all Ugandan children, recent education reforms have been implemented, targeting key areas such as school infrastructure, teacher training, and curriculum development.These reforms, spearheaded by the Ugandan government in colla

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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We Applaud Sanctions on Ugandan Officials, Not Out of Hate, but Due to Impunity in Our Country

We Applaud Sanctions on Ugandan Officials, Not Out of Hate, but Due to Impunity in Our Country

The leader of the National Unity Platform Robert Kyagulanyi aka Bobi Wine of Uganda has emphasised the welcome international sanctions placed on Ugandan officials not because they hate them but rather because of a pervasive worry about the culture of impunity th

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