Login
Subscribe
TodaySaturday, April 25, 2026

MTN

MTN secures a procedural victory as the Tax Appeals Tribunal halts URA’s objection, allowing the telecom giant to challenge a UGX 169.9 billion tax dispute without upfront payment.
MTN secures a procedural victory as the Tax Appeals Tribunal halts URA’s objection, allowing the telecom giant to challenge a UGX 169.9 billion tax dispute without upfront payment.

Tax Appeals Tribunal Halts URA’s Objection to Non-Payment of 30% of Disputed UGX 169.9b by MTN Over Due Process Failures

In a landmark ruling that sharpens the contours of tax enforcement and taxpayer rights in Uganda, the Tax Appeals Tribunal (TAT) has halted Uganda Revenue Authority’s (URA) objection to MTN’s failure to
March 26, 2026
Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.

Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth

MTN Uganda has closed the final year of its Ambition 2025 strategy with strong financial and operational performance, underscoring the success of the telecom giant’s five-year push to transform from a traditional
March 13, 2026
Investment Minister Evlyne Anite had until recently been the biggest push factor behind UTL’s revamp, while ICT Permanent Secretary Aminah Zaweede, is at the forefront of a ministry that holds majority of government’s equity in UTCL. The appointment of Paul Patrick Ikopit as UTCL chief executive officer in April had carried hope, but it seems to be fading. Nearly a year after government announced a major private equity-backed revival, Uganda Telecom’s rebrand remains stalled, with promised capital yet to materialise as competition in the telecom market intensifies.
Investment Minister Evlyne Anite had until recently been the biggest push factor behind UTL’s revamp, while ICT Permanent Secretary Aminah Zaweede, is at the forefront of a ministry that holds majority of government’s equity in UTCL. The appointment of Paul Patrick Ikopit as UTCL chief executive officer in April had carried hope, but it seems to be fading. Nearly a year after government announced a major private equity-backed revival, Uganda Telecom’s rebrand remains stalled, with promised capital yet to materialise as competition in the telecom market intensifies.

Left in limbo: The UTL Revival and Rebrand Being Tested by a Capital Promise that has Refused to Arrive

For nearly a decade now, state-owned telecom has been locked in a cycle of crisis and hopeful relaunches. The story of the Uganda Telecom Limited (UTL) revamp is one of serial decline,
February 4, 2026
Peter Magona believes the future of advertising will be decided by how quickly agencies learn to work with AI, not fight it. With clients already using powerful tools, he argues that relevance now depends on integration, combining human insight, strategic judgment, and creative instinct with AI’s speed, scale, and analytical power before the gap becomes impossible to close.
Peter Magona believes the future of advertising will be decided by how quickly agencies learn to work with AI, not fight it. With clients already using powerful tools, he argues that relevance now depends on integration, combining human insight, strategic judgment, and creative instinct with AI’s speed, scale, and analytical power before the gap becomes impossible to close.

AI, Automation & the Future Adman: How Technology Will Rewrite the Advertising Industry

If the first four parts of this MadMen, Dreamers and Deal-Makers series were about the machine, how it was built from accidents, battered by economics, bruised by burnout, and handed to a
December 16, 2025
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is clear: maintain
November 17, 2025
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring. From personal
October 24, 2025
A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.
A photo collage of Bank of Baroda Managing Director Shashi Dhar, Quality Chemical Managing Director Ajay Kumar Pal, Stanbic Holdings Chief Executive Francis Karuhanga, Umeme Managing Director Selestino Babungi, and Airtel Uganda Managing Director Soumendra Sahu. The five companies delivered standout returns for the period between January and September 2025.

Black Diamonds: Five Stocks that Beat Bonds and NSSF in Returns

The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition
October 2, 2025
1 2 3 … 5

 

Follow

error: Content is protected !!