Business •
19 Feb '26
The matter came up before Chief Magistrate Ritah Neumbe Kidasa on Wednesday. Through his lawyers, Anthony Asiimwe and Yasin Ssentumbwe Munagomba, Mabirizi applied for bail, stating that he has a fixed place of residence in Kiwomu Zone, Mulago.City lawyer Hassan Male Mabirizi will spend mor
Business •
10 Feb '26
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
Business •
04 Feb '26
According to the prosecution, led by Chief State Attorney Joan Keko and Richard Birivumbuka, Mabirizi allegedly used his TikTok handle @male.mabirizi to circulate false claims about Chief Justice Zeija, including that he is a conman, fraudster, corrupt, a “court file grabber,” and that he sol
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03 Feb '26
MTN Mobile Money Uganda has announced a major leadership transition, with Chief Finance Officer Sarah Bateta Okwi appointed Acting Managing Director and CEO, following the decision by Richard Yego to step down from his role.According to official communication from the company, Yego will ex
Business •
29 Jan '26
As mobile money services finally flicker back to life, one thing remains completely offline: accountability.For nearly a week during the tense election period, millions of Ugandans were left stranded — unable to withdraw their own money, forced to beg agents, ration transactions, or in s
Business •
20 Jan '26
The Executive Director of the Uganda Communications Commission (UCC), George William Nyombi Thembo, addresses a press conference on the internet shutdown ahead of the general election in Kampala, Uganda, January 13, 2026. Two lawyers have filed a case in the Civil Division of the High Cour
Business •
19 Jan '26
The disruption began after UCC suspended some mobile money transactions and internet access ahead of elections held on January 15, 2026.MTN Uganda has said it does not know when mobile money services will be fully restored.The telecom said restrictions remain in place under a direct
Business •
04 Jan '26
CBS Programs Manager Abbey Mukiibi Nkaga has thanked MTN and Gen Salim Saleh’s OWC for partnering with Kabaka’s CBS fm radio to pull off the 2025 Enkuuka edition, which he says turned out bigger and more successful than detractors wanted it to be.In his Friday radio interview, Abbey Mu
Business •
30 Dec '25
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
Business •
20 Dec '25
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s