IPO Archives

Airtel Uganda Pays UGX 50.3 billion Dividend to NSSF

Paul MurungiCompany News The Big StoryJune 20, 2025June 20, 2025

Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows…

MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

Paul MurungiThe Big StoryJune 11, 2025June 11, 2025

MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…

CONFIRMED: MTN to complete separation of Fintech unit from listed business before June

Paul MurungiAfrica News & Analysis The Big StoryMarch 18, 2025March 20, 2025

MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which…

MAN IN THE HOT SEAT: What challenges await Soumendra Sahu, Airtel Uganda’s new boss?

Paul MurungiAfrica CEOs Company News Finance Fintechs ICT Industry & Analysis News & Analysis Technology The Big StoryJanuary 16, 2025January 16, 2025

Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There…

Jumia’s Revenue Falls 25% in Q2 2024, Set to Raise $100m to Improve Cash Position.

Jonathan N. LubwamaCompany News Global News ICT Industry & Analysis Startups The Big StoryAugust 7, 2024August 7, 2024

Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…

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