MTN Group today released the interim results for the first half of 2018. The results point to improved revenues – up by 10.2% - for the MTN Group, with Uganda being a major contributor to that growth. According to the results, MTN Uganda’s revenue expanded by 8.8% to Ugx734.4bn on
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Leading global Airline, Qatar Airways, on Tuesday provided students at Kauthara Islamic School in Wakiso district in Uganda on the outskirts of the capital, Kampala with desks for their classrooms, supporting the learning of approximately 400 students. The colorful event endorsed by Uganda's State Minister for Primary Education, Hon. Rosemary N, Seninde
Read MoreStanbic, Uganda’s leading bank recorded slow growth in the first half of 2018, according to the results released by the financial institution at Serena Hotel on Wednesday morning. The bank’s profit after tax increased by Shs1bn to Shs96bn in June 2018, slightly up from Shs95bn in June 2017. The bank’s
Read MoreThe Army General Court martial has indefinitely expelled Jimmy Muyanja, one of the lawyers representing jailed members of Boda Boda 2010 for alleged misconduct, URN reports. Muyanja has been representing 11 Boda Boda 2010 members who are standing trial in the army court. They are charged with unlawful possession of
Read MoreImagine what you would do on waking up with an excess of Shs134 million. Just a few days after Fortebet paid out Shs45 million to its Ttula Road client who won his money in just 4 hours, another client has done it, winning a whopping Shs134.9m. This lucky winner from
Read MoreTanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries’ bid to expand energy cooperation, Business Daily reports. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass through
Read MoreUganda earned US$3.339bn (Shs12.3 trillion) in 2017 from her exports combined, up from US$2.921bn (Shs10.7 trillion) in 2016, according to latest figures released by the Bank of Uganda (BoU). Cash crops contributed greatly to the above earning. For example, coffee beat gold exports to emerge Uganda’s top foreign exchange earner.
Read MoreBy Amon Baita The newly created all-inclusive online media body- Independent Online Journalists Association-Uganda (INDOJA-U) has elected its first leadership that is set to revolutionize Uganda’s media industry. Mr Andrew Irumba, CEO of The Spy, an online newspaper and former senior Sales Executive at Red Pepper is INDOJA’s first President.
Read MoreKampala Police have intercepted a vehicle and rescued two children from suspected kidnappers who had asked for three million Uganda shillings ransom from the parents. According to the children, suspects tricked them into moving with them to buy some cakes and later disappeared with them without the consent of the
Read MoreUgandans living in South Korea have asked for government financial support to help improve trade between the two countries. The Chairperson of the Ugandan Community in South Korea, Paul Kaziro, also called for bilateral talks between Uganda and South Korea intended to improve trade relations. "We are requesting the government
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