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As the highly anticipated 19th Non-Aligned Movement (NAM) opens, to be followed by the G77 + China Third South Summits, MTN Uganda has been designated as an official telecommunications operator, an acknowledgement of its multifaceted contributions to the planning and execution of the summits. According to a statement by the company, the telco has since November 2023 been diligently collaborating with the Government of Uganda to provide essential support for the success of these significant events. In recognition of this dedicated collaboration, the Permanent Secretary of the Ministry of ICT, Dr Amina Zawedde, today communicated the Government of Uganda’s appreciation…
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Charles Mbiire, the MTN Uganda Board Chairman and 3rd largest shareholder has assured customers, staff, shareholders and other stakeholders that Sylvia Mulinge, the new Chief Executive Officer is the board’s best choice to push ahead the company’s Ambition 2025 strategy that seeks to create shared stakeholder value. Mr. Mbiire, under whose chairmanship MTN has grown from a second licensee to Uganda’s largest telecom and company, by revenue, was speaking at a press conference to officially handover instruments of work to Ms. Mulinge, whose appointment was announced in June 2022. “MTN is now committed to delivering the Ambition 2025 strategy of…
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The Ugandan Cement Industry has historically been a playground for two rivals- Hima Cement and Tororo Cement, the latter being the market leader with about 55%-60% market share and Hima with about 40%. Hima Cement is owned by LafargeHolcim, the global Swiss-headquartered giant, formed by the 2015 merger between France’s LaFarge and Switzeland’s Holcim. Tororo Cement is owned by a reclusive Indian family. Some players from Kenya, especially East Africa Portland Cement with their Blue Triangle brand, have always tinkered with the Ugandan market with imports from Kenya, but with not so much success- scraping, barely 1% of market…
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