In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move officials describe as part of aligning the foreign service with President Donald Trump’s “America First” agenda. The recall notably includes ambassadors serving in Uganda, Rwanda and Nigeria, among other nations. Multiple news sources indicate that the U.S. State Department has begun issuing formal notifications to chiefs of mission in at least 29 countries, informing them that their tenures will end in January 2026. The affected diplomats, most of whom were…
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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 services footprint in Uganda and align to the Group’s Ambition 2025 strategy. The proposed transaction, to be tabled for shareholder approval during an Extraordinary General Meeting (EGM) on Wednesday, July 2, 2025, involves the amalgamation of MTN Mobile Money (U) Limited (MTN MoMo) into a newly created entity, MTN New FinCo, which will become the surviving company. Once complete, MTN MoMo will be deregistered from the companies register, and MTN…
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In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious steel empire. With innovation, vertical integration, and a soft-spoken resolve, he’s proving that you don’t need noise to build a nation—just vision, steel, and heart. A quiet revolution is underway in the heart of Iganga District in eastern Uganda. At the centre of it stands a man who rarely seeks the spotlight but whose influence has reshaped an entire sector. Sanjay Awasthi, the Chairman and Founder of Tembo Steels Uganda…
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Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries. Currently, SpaceX has acquired requisite licenses in 9 out of 14 countries within Airtel Africa’s footprint including; Nigeria, Chad, Kenya, Zambia, Malawi, Rwanda, Niger, Madagascar, and the Democratic Republic of Congo. Operating licenses for Uganda and the other 4 countries are under process. The collaboration leverages Starlink’s constellation of Low Earth Orbit satellites and Airtel’s entrenched customer network of over 163 million subscribers. Starlink, licensed to operate in the nine rollout countries,…
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MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria, while ensuring compliance with local regulatory and statutory requirements. In a joint statement published…
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 MTN Group chief executive officer Ralph Mupita told Bloomberg is part of the requirements for a reorganization in preparation for a $200 million (UGX 732.2 billion) capital investment by Mastercard in the company’s Fintech business, is more advanced in Uganda and Ghana, but remains behind schedule in Nigeria due to a complex regulatory landscape that requires additional processes before the separation is finalised. In July last year, MTN Uganda, in…
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Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will affect 43 countries across the globe. A leaked memo from the White House published by the Reuters news agency shows, the Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban. However, it is not clear if Uganda is likely to be spared after a U.S official told Reuters that, “there could be changes on the list and that…
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One may wonder what’s on Jennifer Bamuturaki’s mind; is it the war in Congo and its impact on Uganda Airlines’ operations, the public scrutiny of her financial losses as a chief executive of a national carrier, or perhaps the airline’s expansion plans for 2025? Bamuturaki has had some lucky years and…
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Airtel Africa, a leading provider of telecommunications and mobile money services across 14 African countries, has partnered with three internationally renowned African artistes, Fally Ipupa (Democratic Republic of Congo), Diamond Platnumz (Tanzania), and Simi (Nigeria) to engage customers on how to enhance their digital experience by making the most of their data bundles. Through this collaboration, Airtel Africa aims to enable customers to make informed decisions about their data usage habits. The artists have collaborated with Airtel Africa to create a special song to provide customers with practical tips and tools that will help them to maximise their data for…
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The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…
