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MTN Uganda plans mobile money spin-off

MTN Uganda plans mobile money spin-off

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

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UPDF says Kalerwe Suicide Bomber was Under Surveillance for 3 Days

UPDF says Kalerwe Suicide Bomber was Under Surveillance for 3 Days

The Uganda People’s Defence Forces (UPDF) have revealed that the female suicide bomber who was killed at Kalerwe market on Sunday had been under security surveillance for three days.The army spokesman, Brigadier Felix Kulayigye, said that the intelligen

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New Training Programme Launched to Boost Agribusiness Support Services in Uganda

New Training Programme Launched to Boost Agribusiness Support Services in Uganda

The Agri-Business Development Services Ecosystem Enhancement Project (ABEEP), a multi-stakeholder initiative aimed at transforming Uganda’s agricultural sector, has officially launched its national training programme for Ag-BDS providers.The launch has marked a key milestone in effo

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Arsenal transfer news: Gunners reach striker 'agreement' as Thomas Partey decision made

Arsenal transfer news: Gunners reach striker 'agreement' as Thomas Partey decision made

Mikel Arteta is finally close to landing a new strikerArsenal are finally closing in on making the striker signing they have been desperate for all summer. The Gunners have finished as runners-up in the 

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KCB Cleans Banda Farmers' Market , Plants Trees to Celebrate Environment Day

KCB Cleans Banda Farmers' Market , Plants Trees to Celebrate Environment Day

KCB Bank Uganda has reaffirmed its commitment to environmental sustainability by leading two impactful Corporate Social Responsibility (CSR) initiatives in observance of World Environment Day,held under the theme “Ending Global Plastic Pollution.”To support this year’s th

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Uganda is on a Mission to Change Its Destiny

Uganda is on a Mission to Change Its Destiny

The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i

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Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl

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Museveni Directs Use of Local Content in Kabale–Lake Bunyonyi–Kisoro Road Project

Museveni Directs Use of Local Content in Kabale–Lake Bunyonyi–Kisoro Road Project

KABALE — President Museveni has directed the contractors of the Kabale–Lake Bunyonyi–Kisoro–Mgahinga road project to prioritise the use of local content in the execution of the Shs112 billion infrastructure upgrade.The directive was delivered by Deputy Speaker of P

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Uganda Targets Regional Trade Gains with New Competition Law

Uganda Targets Regional Trade Gains with New Competition Law

Uganda is positioning itself for stronger participation in regional trade by enacting a new Competition Act, which government officials say will enhance the country’s ability to challenge anti-competitive barriers across borders and boost economic self-reliance.Signed into law by Preside

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Musenero Urges Innovation to Boost Uganda’s Leather, Textile Industries

Musenero Urges Innovation to Boost Uganda’s Leather, Textile Industries

The Minister of Science, Technology and Innovation, Dr. Monica Musenero, has urged Ugandans to embrace innovation and value addition in the leather and textile sectors to unlock economic potential and reduce dependence on raw material exports.Speaking during a value chain development works

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