Sylvia Mulinge, the MTN Uganda Chief Executive Officer Uganda’s telecom industry is set to undergo a significant transformation in 2025, driven by emerging technologies and evolving customer demands. Speaking during a media roundtable at MTN Uganda headquarters in Kampala, MTN Uganda Chief Executive Officer, Sylvia Mulinge, said key trends such
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By Ali Ssekatawa In his first 24 hours back in the White House, President Donald Trump signed an executive order promoting energy independence and economic growth. This order aimed to increase oil and gas drilling on federal lands by reviewing and potentially rescinding regulations considered obstacles to energy production. This
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Parliament’s Budget Committee has recommended that Government contains its appetite for domestic borrowing, warning that the continued borrowing from local commercial banks to finance the national budget if not contained will negatively affect the private sector credit. The appeal was made by Remegio Achia, the Chairperson of the Budget Committee
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By Denis Jjuuko Many people in countries like Uganda have no pension or any form of retirement savings. Like we saw during the pandemic, most people are a missed payment away from poverty. It probably explains why some people especially in public service are said to be swearing affidavits to
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A number of state-owned enterprises are making profits but only one is paying dividends, the Auditor General has revealed. “I noted that only Housing Finance Bank Limited declared dividends of UGX.32.56Bn in the year under review (2023/2024) up from UGX.29.23Bn declared in the prior year. Out of the declared dividends,
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By Asha Wandulu On a brisk January 20th, 2025, President Donald Trump was sworn in for his second term, marking the occasion with an inaugural speech that reasserted his administration's focus on traditional energy sources over green alternatives. One of the pivotal announcements was the withdrawal of the United States
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By Mike Omuodo A phone vibration drew my attention to an incoming message – a friend had sent a message with an attachment and a note reading, “This is so sad and needs to stop! The message was followed by some crying emojis. Curious, I opened the attachment. It was
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Edward Akol (Left), the Auditor General handing over the report to deputy speaker Thomas Tayebwa The Auditor General has revealed the most profitable and loss-making public corporations and state enterprises. According to the Annual Report of the Auditor General for the Year Ended 31st December 2024 presented to Parliament recently,
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By Immaculate Namanda With a population of 45.9 million, Uganda has experienced significant growth in the adoption of digital financial services. Approximately 20 million people now engage in mobile money transactions nationwide, a clear indication of the growing shift toward financial technology. This adoption also prompted banks to expand their
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Analysts say Uganda's national budgets are unrealistic A section of MPs on Parliament’s Trade Committee have admitted that the national budgets they have been approving are ambitious and unrealistic, with evidence indicating that Government hasn’t been able to raise even Shs50Trn in the any of the last three financial years,
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