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Profitability

A photo collage of Japhet Aritho, Managing Director, Airtel Mobile Commerce Uganda Limited and MTN Mobile Money Managing Director, Richard Yego.

Uganda’s Fintech Rivalry: MTN MoMo Pulls Ahead in Size, Airtel Money Scores on Margins

In Uganda’s fast-evolving digital financial landscape, two telecom titans—MTN MoMo and Airtel Money—are locked in a high-stakes, trillion-shilling duel. Their battlefield? Mobile money. Their weapons? Revenue, reach, profitability, and performance. The recently
June 24, 2025
Energy and Minerals Minister Ruth Nankabirwa (in blue) flanked by State Minister for Minerals Phiona Nyamutoro, State Minister for Investment Evelyn Anite (second right), Energy Ministry Permanent Secretary Irene Batebe (far left) and Sarrai Group representative (far right) among other officials during the signing of the mineral production sharing agreement on March 3rd in Kampala.

Hima Cement investor, Sarrai Group takes over Kilembe Mines with UGX 46 billion in accumulated losses 

Hima Cement investor, Sarrai Group is set to take over and re-develop Kilembe Mines based in Kasese District after signing a new agreement with the government. Hima Cement which is also based
March 3, 2025
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A delivery man drives a transporter with an advertisement for Nigeria's e-commerce site Jumia in the Plateau district of Abidjan on April 24, 2019. - Jumia, the e-commerce site based in Nigeria, became on April 12, 2019 the first African start-up to make its debut on Wall Street. (Photo by ISSOUF SANOGO / AFP)ISSOUF SANOGO/AFP/Getty Images

Jumia Q2 2023 Report Highlights Reduced Losses amidst Challenging Economic Conditions.

In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it has been
August 16, 2023
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