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Uganda Internet Users Hit 16.9m, Mobile Subscriptions Increase To 26.7m – UCC Report

Mobile subscriptions in Uganda stood at 26.7 million in December 2019, a 3% jump from 25.7 million subscriptions four months earlier, the latest market performance report released by Uganda Communications Commission indicates. For updates and latest info about COVID-19 situation in Uganda, visithttps://bit.ly/2WKANNF This growth translates into a penetration of

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INTERVIEW: Hotel Owners Boss Says Hospitality Industry To Lose Shs6Trn This Year As 400k Staff Sent On Leave

The Executive Director of Uganda Hotel Owners Association (UHOA), Jean Byamugisha has revealed how COVID-19 has hid hard Uganda’s hospitality industry.  She says hotels in Uganda have so far furloughed over 400,000 staff. A furlough is a temporary leave of employees due to special needs of a company or employer,

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Analysis & OpinionsBanking

INTERVIEW: How Housing Finance Bank Is Driving Convenience Through Digitization

COVID-19 has paved the way for digital transformation as businesses shift operations to cope with office closures, restricted movement and supply interruption. Inevitably, most industries are operating in a constant state of flux, and businesses are rapidly adapting strategies to evolve with rapidly changing consumer behavior. In many cases, we

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COVID -19 Crisis: Companies Postpone Annual General Meetings, Dividend Payments

Trading at USE The COVID -19 pandemic has disrupted holding of Public listed Companies’ 2020 Annual General Meetings (AGMs) per their respective planned calendars. On 17th April 2020, Uganda Securities Exchange (USE) issued a market notice recommending interalia the deferral of scheduling AGMs which had not yet been called, postponement

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