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TodayMonday, April 27, 2026

Infrastructure

Driving MTN Uganda’s record-breaking year: Richard Yego (CEO, MTN MoMo), Sylvia Mulinge (CEO, MTN Uganda), and Andrew Bugembe (CFO, MTN Uganda) led the charge behind UGX 641.5 billion in profit and UGX 506 billion in shareholder dividends. Yet, looming over this strong performance is a strategic pivot that has analysts sounding the alarm: the planned spin-off of its fintech arm—MoMo—could significantly alter the company’s growth trajectory and valuation dynamics.

MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant showcased operational
June 24, 2025
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The fallout between UPDF and Germany, which stems from escalating tensions over governance and human rights concerns, may trigger economic spillovers that could stall or jeopardize Germany's ongoing aid-funded initiatives in Uganda.

From Power Lines to Refugee Aid: What Uganda Stands to Lose in Germany Rift

A growing diplomatic rift between Uganda and Germany threatens to cast a shadow over critical development projects, ranging from refugee support to energy infrastructure. The fallout, which stems from escalating tensions over
May 29, 2025
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Energy Minister Ruth Nankabirwa (holding microphone) addresses the audience during the official handover of Uganda’s electricity distribution mandate to UEDCL. She is flanked by Umeme Board Chairman Patrick Bitature (left), ERA Chairperson Dr. Sarah Wasagali (centre), Auditor General’s Director Joseph Hirya (right), UEDCL Managing Director Paul Mwesigwa (second from right), and UEDCL Board Chairman Francis Tumuheirwe. This symbolic moment marked more than a transfer of assets—it ushered in a new era of public accountability, transparency, and service delivery. With immense stakeholder expectations now resting on UEDCL’s shoulders, the adoption of a robust e-procurement system will be central to achieving operational efficiency, eliminating corruption risks, and aligning with national digital governance standards. Digitising procurement isn’t just a technical upgrade—it’s the backbone of UEDCL’s ability to fulfill its mandate ethically, economically, and effectively.

UEDCL officially takes over Uganda’s power distribution network 

The Uganda Electricity Distribution Company Limited (UEDCL) has officially taken over the distribution network from Umeme Limited, marking the end of a 20-year concession period that began in 2004. This transition, which
March 31, 2025
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Dr. Eng. Apollo Buregyeya is a Lecturer of Civil Engineering at Makerere University, and a CEO of Eco Concrete Ltd.

Why Infrastructure Development is Costly in Africa

March 4, 2025, marked the fifth World Engineering Day for Sustainable Development, a UNESCO initiative highlighting engineers’ role in advancing energy, water, infrastructure, and innovation. While progress in energy and water sectors
March 11, 2025
A photo collage of ICT Minister, Chris Baryomunsi, National ICT Hub in Nakawa and the ICT Permanent Secretary Dr. Aminah Zawedde.

INVESTIGATION: Auditor General faults ICT Ministry for mishandling UGX 14 billion innovators’ fund 

An Auditor General’s investigation has exposed the Ministry of ICT and National Guidance for mishandling over UGX 13.8 billion, which was meant to support Ugandan innovators in developing their ideas and innovations
January 24, 2025
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Mugisha and Finance Ministry Permanent Secretary, Ramathan Ggoobi. According the Auditor General, Mr. Ggoobi promised to clear the outstanding water bills.

Gov’t Agencies owe National Water UGX 73 billion in unpaid water bills

Government offices have continued to default on water bills which have ballooned to UGX 73 billion as the burden shifts to ordinary Ugandans who shoulder most of the payments. Details submitted to
January 18, 2025
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