Economy

MTN records growth as SMS revenues dwindle

by theceomaICTThe Big StoryMarch 10, 2014March 10, 2014

Silvia Nyambura  MTN Uganda’s biggest telecoms operator by subscriber base has registered a 17.9 percent increase in revenues to record Ushs 1.86 trillion for the year ending December 2013 compared to Ushs 1 trillion in December 2012. The encouraging performance was attributed to continuous increase in data as well as…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Citadel Capital On Track to Close Capital Increase by End of March 2014

by theceomaThe Big StoryMarch 7, 2014March 7, 2014

By Patrick Kagenda Citadel Capital the leading investment company in Africa and the Middle East, has announced its standalone financial results for the fourth quarter and full year 2013, reporting a net profit of US$ 1.51 million on revenues of US$ 18.19 million for FY13. Commenting on the performance, Citadel…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Uganda Investment Summit 2014 scheduled for April

by theceomaThe Big StoryMarch 7, 2014March 7, 2014

By Our reporter Uganda will on April 3-4, 2014, hold a two day investment summit with an aim of providing a one stop platform for close interaction between the government and business leaders. According to Christopher Higgins, the Chief Executive Officer of CWI Summits, the organizers of the summit, the…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Ugandan entrepreneur shares success story on CNN

by theceomaThe Big StoryMarch 7, 2014March 7, 2014

By Taddewo Senyonyi Furniture makers in Uganda are steadily losing market as imported furniture floods the market putting at stake jobs of thousands of artisans. It is estimated that 60 percent of all upmarket furniture sold in Uganda is imported and is two to three times cheaper than locally made…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Oil road nears completion

by theceomaThe Big StoryMarch 7, 2014March 13, 2014

By Patrick Kagenda  As Uganda prepares to refine its own oil come 2017, other preparation in ensuring the refinery is build are ongoing and nearing completion. With government nearing completion of compensating the people where the refinery will be built in Kabaale parish  Buseruka Sub county in Bugahya county Hoima…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Britam insurance new CEO promises to revolutionise industry

by theceomaThe Big StoryMarch 6, 2014May 8, 2024

By Patrick Kagenda  Shortly after the Britam Board of Directors holding their general meeting in Kampala and appointing a new CEO for their Uganda field in a bid aimed at strengthening Britam`s position in Uganda, Britam insurance`s new CEO Alan Mafabi is talking tough on how he is set to…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

BoU could up the CBR

by theceomaThe Big StoryFebruary 28, 2014February 28, 2014

By Patrick Kagenda The Uganda shilling has come under tremendous upward pressure rising above the Ushs 2530 to the dollar from the strong trading level of Ushs 2460 to the dollar in a single trading session propelled by the passing of the anti gay legislation. At the Alpha Capital Partners,…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Will the Ushs265bn youth project deliver on youth empowerment?

by theceomaTop 10February 27, 2014March 27, 2014

By Silvia Nyambura Without proper evaluation of the youth capital venture fund, government unveils yet another massive youth scheme:  In its efforts to fight youth unemployment, in early 2012 the Ugandan government in partnership with DFCU bank, Stanbic and Centenary bank unveiled a venture capital initiative aimed at empowering youth between 18 and…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Ecobank partners with SIDA & USAID to offer Private Health Sector Loans

by theceomaThe Big StoryFebruary 27, 2014February 27, 2014

By Patrick Kagenda  Despite Ecobank failing to realize profits five years after its inception in Uganda, the bank is continuously rolling out new  products to prove its resilience in hard times and to further make a statement that it is a continental bank and here for life. Hardly a week after opening its…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Airtel completes merger with Warid, promises greater services

by theceomaICTThe Big StoryFebruary 27, 2014February 27, 2014

By Taddewo Senyonyi  After successfully integrating Warid customers into the Airtel family, Airtel Uganda has relaunched a bigger and better brand, with a new thematic promise, dubbed: “Together we can

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?