MTN Uganda CEO, Wim Vanhelleputte expects good public response to the share offer Over the next six weeks, investors will be able to apply for MTN Uganda shares after the Initial Public Offer (IPO) which was announced on Monday. With individual investments capped at 500 shares, each selling at 200 Shillings, the
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Private Schools Seek Shs500bn Gov’t Bailout As Education Related Debt Nears Shs2 Trillion
L-R: MPS Michael Mawanda (Igara East) and Christine Sendawula (Kyankwanzi DWR) appearing before Education Committee Owners of private schools have asked Government to set up a revolving fund worth Shs5000bn by December 2021 from which they can draw money to facilitate the reopening of schools in January 2022. Michael Mawanda (Igara East)
Read MoreMTN Uganda Chief Executive Officer Wim Vanhelleputte The opening of the sale of shares of MTN Uganda to the public has caused a stir among Ugandans, especially the possible risks and what some have assumed as the exclusion of the mobile money business from the deal. As a requirement by
Read MoreWho Are The Overpriced Condos In Uganda’s Real Estate Market Built For?
An apartment with condos posted by Prospects Real Estates Agency on social media with a one bedroom condo priced at 199 million shillings ($55,000) Prospects Real Estates Agency has been running an advert of condominiums in Najjera-Buwatte on its social media pages: UGX 399 million for 3 bedrooms with 2
Read MoreNsambya Hospital is on the spot for injecting a student with two doses of the COVID-19 vaccine in a space of just two days after health workers failed to trace her information that had been recorded on the first visit. Under normal circumstances, a person who gets an AstraZeneca COVID-19
Read MoreThe Police in Lamwo District are holding a teacher who on Sunday evening torched three grass thatched staff houses at Cubu Primary School in Abera Sub County. The suspect identified as Patrick Okee currently being held at Lamwo Central Police Station was apprehended on Monday as he tried to elude arrest
Read MoreThe Minister of Education and Sports and Uganda’s First Lady, Janet K. Museveni (pictured) has highlighted several advantages that make Uganda’s Education System attractive. She made the remarks in her statement to mark Uganda’s 59th Independence Day Celebrations jointly organized by Uganda Missions abroad. In Kenya, the event took place
Read MoreUganda Breweries, Health Ministry & KCCA To Host First Ever Mass COVID-19 Vaccination Event
Dr Alfred Driwale, Asst Commissioner, Vaccines and Immunisation - MoH, Hon. Kabuye Kyofatogabye & Daniel Okello, KCCA Director of Public Health Uganda Breweries Limited in partnership with Coca Cola Uganda have partnered with Kampala City Council Authority (KCCA), NICE-UG and the Ministry of Health to host the first ever mass
Read MoreKeith Kalyegira, the CEO at CMA. Telecommunications Company, MTN Uganda has been allowed to proceed with an Initial Public Offer (IPO) and issue shares to the general public, following approval of its prospectus by Uganda’s securities regulator, the Capital Markets Authority (CMA). This marks the fulfillment of part of its National
Read MoreDr John Stephen Obbo Olwenyi, Lira RRH Director, Dr. Jane Ruth Aceng, Mumba Kalifungwa, Absa Uganda MD and David Wandera, Absa Uganda Head of Financial Markets The Minister of Health, Hon Dr Jane Ruth Aceng has said that vaccine scarcity was becoming an issue of the past. “There are more
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