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The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant…
Airtel Uganda closed the first half of 2025 with another step up in scale and profitability, as data demand propelled revenue growth and a strong lift in earnings. Reported revenue…
If you spend enough time in boardrooms, tech forums, or even on X (formerly Twitter), you’ve probably heard this question thrown around: Is USSD still relevant in 2025? It’s a…
Airtel Africa has reported a resilient performance in its East African operations for the financial year ending March 31, 2025, underscoring the region’s strategic role in the company’s overall success….
Airtel Uganda has today reinforced its commitment to providing superior network connectivity by commissioning seven new network sites in Arua Municipality. This expansion is part of Airtel’s continued investment in…
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Former Uganda Communications Commission (UCC) Acting Executive Director, Eng. Irene Kaggwa’s exit from government is relatable to Jesus’ biblical expression of “a stone which builders rejected [eventually] became the cornerstone.” But after the snub for the top ICT regulatory job in Uganda, Kaggwa is now trading her enviable skills and experience in the telecom industry with the International Telecommunication Union in Geneva, Switzerland. Kaggwa is the Programme Manager at the International Telecommunication Union (ITU) for Giga, a joint ITU-UNICEF initiative that seeks to connect all schools to the Internet by 2030. Kaggwa told the CEO Magazine that her role involves…
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MTN Uganda has secured UGX 370 billion (USD 100 Million) in debt financing in one of the largest local currency debt transactions in Uganda, which will be used by the telecom for general corporate purposes including the expansion and improvement of the network. The syndicated debt facility from five local banks was 1.6x oversubscribed, in what the telecom described as, “reflecting robust confidence from lenders in MTN’s long-term potential and focus on expanding its digital and financial services offerings.” The syndicated facility was led by Stanbic Bank Uganda Limited (part of the Standard Bank Group) as the Global Coordinator, Mandated…
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Soumendra Sahu is set to take over as Airtel Uganda’s new Managing Director following Manoj Murali’s retirement at the end of this month. Soumendra is a ‘Big Boy’ in the telecom business having spent a bigger part of his career at Bharti Airtel in Gujarat, India, where he has been serving as the Chief Executive Officer since 2020. Before being appointed Chief Executive, he rose through the ranks from being Vice President of Marketing in 2015, Head of Sales of Operations in 2017 and Chief Operating Officer from 2017 to 2020. Soumendra has over twenty years of experience in intensive sales…
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