Pay TV company Kwese has acquired a stake in Malaysia-based subscription video on demand (SVoD) firm iflix. The partnership between the two firms adds to the selection of online programming available, meaning subscribers will have diversified content on the platforms. Kwese did not clarify what percentage of iflix's stake it
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AFRIMAX Uganda Limited, the parent company of Vodafone Uganda has declared insolvency and an administrator has been appointed. [caption id="attachment_8886" align="aligncenter" width="400"] Vodafone has run bankrupt[/caption] According to reliable information obtained by Business Focus, the High Court (Civil Division) on February 15, 2018 appointed Donald Nyakairu as the administrator for
Read MorePresident Yoweri Museveni has met with a consortium of four American companies – Global IP, Boeing, Hughes Networks and Space X owned by billionaire Elon Musk – which expressed interest in investing in Uganda in order to provide the country with fast and reliable Internet services through satellite technology. The four companies
Read MoreUganda’s Civil Aviation Authority Executive Director, Dr. David Kakuba has explained for the first time why British Airways quit Uganda over two years ago. In a statement, British Airways said it was stopping all flights to and from Uganda as they are "no longer commercially viable". This was blamed on
Read MoreBy Mariam Abdullahi No industry will remain undisrupted in 2018 and the years to come. But for African telco providers, who have feasted on near-uninterrupted subscriber and revenue growth over the past two decades, the need to adapt is paramount. In a market where the average business lifespan is 12
Read MoreBy Amon Baita ‘Safe Drive Uganda’ is the code name for the mandatory motor vehicle inspection exercise. The recent Parliamentary review of the contract between SGS and Ministry of Works and Transport about the vehicle inspection exercise has led to certain misrepresentations of facts and this ought to be clarified.
Read MoreThe Minister of Finance, Planning and Economic Development, Matia Kasaija has joined the ‘mushrooming’ radio business in Uganda. Karuguuza Development Radio (KDR) is airing on frequency 100.3fm. It went on air last month. There are unconfirmed reports that he owns it with two other businessmen. Appearing on the station for
Read MoreMTN Group Ltd. plans to raise about $500 million (Shs1.8 trillion) from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a record fine, according to people familiar with the
Read MoreOver 30 employees will soon be out of work after online classified OLX confirmed it was shutting its Kenya office, reports the Standard. The e-commerce company will also close its Nigeria office, in what is a dent to the growth of e-commerce in Africa. “We made a difficult but important
Read MoreThe Parliament has ordered Uganda Communications Commission (UCC) to give and renew operating licenses to a number of media houses, arguing that denial to do give out licenses is costing the country revenue from license fees. The issue came up during the scrutiny of the 2018/2019 National Budget Framework paper
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