Uganda Telecom Ltd (UTL) Administrator, Bemanya Twebaze has detailed the state of affairs at Uganda’s oldest telecom firm, revealing that the company is currently indebted to the tune of Shs530bn. Uganda Telecom Limited (UTL) is an insolvent company whose shareholders are Ucom, a Libyan Government entity and Government of
Read MoreMonth: January 2025
2019 Afcon: Uganda Sends Delegation To Egypt To Promote Its Tourism Potential
A team from the Ministry of Tourism, Wildlife and Antiquities (MTWA), Uganda Tourism Board (UTB), and other officials are off to Egypt to promote and market destination Uganda alongside the Uganda Cranes who are making a second consecutive appearance at the biennial event after appearing at the 2017 showpiece. The
Read MoreHow Chinese Are Pushing Kenyan Traders Out Of Key Markets
The Chinese have become a staple in Kenyan economics, straddling all facets from manufacturing in China, exporting, distribution and now retailing. It has been called a Chinese economic invasion, likened to the fabled camel that was permitted to stick its nose into the tent, then forced its entire body inside
Read MoreThe Uganda Cranes start their 2019 Total Africa Cup of Nations (AFCON) campaign against a tricky Democratic Republic of Congo side in a Group A match at the Cairo International Stadium on Saturday. Coach Sebastien Desabre's side will be cheered on by a couple of Ugandan fans who have travelled
Read MoreBy Patrick O. Adengo Uganda’s ecosystem for digital financial services (DFS) has shown exponential growth over the years, with active users and active agents showing almost 10-fold regional increase since 2005. Similarly, the volume and values of transactions have shown a very positive upward trajectory that appears to be on
Read MoreTHE UNTOLD STORY: How Uganda’s Labour Export Association Is Streamlining The Sector
Uganda’s labour externalization industry is increasingly becoming organized in a move aimed at weeding out unscrupulous dealers that promote acts of human trafficking and fraud. Uganda Association of External Recruitment Agencies (UAERA), an umbrella body that brings together over 150 labour recruitment and exporting agencies has been at the forefront
Read MorePresident Donald Trump has said the US military was "cocked and loaded to retaliate" against Iran, but he changed his mind 10 minutes before planned strikes. Attacks on three sites were planned in response to the shooting down of a US unmanned drone this week. Mr Trump said he had
Read MoreUganda Telecom administrator, Bemanya Twebaze has said that auditing of the company's operations can only happen at the end of his administration. Twebaze (in featured photo) denied that he had blocked any audit, but said that it was not the right time for government to carry out an audit. "Final
Read MoreA Ugandan court has ruled that activist Stella Nyanzi must defend herself against charges of cyber harassment and offensive communication against President Yoweri Museveni. The prosecution accuses Ms Nyanzi of posting a Facebook message in September about the president and his late mother that was deemed to be obscene, lewd
Read MoreAt least 5,000 women are expected to participate in the 2nd edition of dfcu Women in Business’ Rising Woman Initiative. The Rising Woman initiative which was started last year under the theme ‘Taking your business ahead’ is meant to recognize, celebrate and promote a culture of mentorship among women in
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