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TodayFriday, May 22, 2026

Digital economy Uganda

One year into his tenure, Airtel Uganda's CEO Soumendra Sahu has overseen the company’s largest-ever network investment, expanded coverage to 96% of the population, strengthened stakeholder trust, and reshaped how teams execute in one of the country’s most competitive sectors.

Airtel Uganda Data Revenues Overtake Voice as Net Profit Hits UGX 447 Billion

Airtel Uganda has reported profit after tax of UGX 446.9 billion for the year ended December 31, 2025, an increase of UGX 130.2 billion from UGX 316.7 billion recorded in 2024. The
February 23, 2026
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Airtel Africa Foundation Tech Fellowship beneficiaries pose for a photo after being unveiled in Kampala on 5 February 2026. In the background (L–R) are Patrick Mbonye, Chief Executive Officer of Q-Sourcing Servtec Group; Hannington Karuhanga, Chairman of Airtel Uganda; and Soumendra Sahu, Airtel Uganda Managing Director and CEO, during the launch of the UGX 3.85 billion (USD 1.024 million) scholarship programme.

20 Ugandan Lives Quietly Change Direction: Airtel Africa Foundation Unveils UGX 3.85bn Tech Fellowship

Starting on 5th February 2026, the lives of 20 Ugandans from underprivileged backgrounds will never be the same again, with their futures changed forever, thanks to the Airtel Africa Foundation Tech Fellowship.
February 18, 2026
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A photo collage of Uganda Communications Commission (UCC) Executive Director, Nyombi Thembo, Airtel Uganda Managing Director, Soumendra Sahu, and MTN Uganda CEO, Sylvia Mulinge. UCC last week instructed telecoms to switch off internet over national security concerns during the general elections.

Four-Day Internet Shutdown Cost Uganda’s Telecoms an Estimated UGX 24 Billion in Lost Data Revenues

Uganda’s two largest mobile network operators, Airtel Uganda and MTN Uganda, are estimated to have lost between UGX 22.8 billion and UGX 24 billion in data revenues following the four-day nationwide internet
January 21, 2026
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Ronald Azairwe, Managing Director of Pegasus Technologies Limited, has steered the company through a period of strong revenue growth and enhanced profitability in 2024, reinforcing Pegasus’ leadership in Uganda’s digital payments industry.

Pegasus Technologies’ 2024 net profit rises 18% to UGX6.7 billion, driven by revenue growth and increased efficiency

Pegasus Technologies Limited, one of Uganda’s top digital payment solutions providers, has reported impressive financial results for 2024, marked by strong revenue growth and a significant uplift in net profit after tax.
April 29, 2025

 

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