(Kampala) – Tensions are rising among shareholders of MTN Uganda as the company moves to spin off its highly profitable mobile money business into a separate financial technology (FinTech) company. This restructuring plan, which will be voted on in an extraordinary general meeting scheduled for 2 July, has drawn sharpContinue Reading
(Mogadishu) – A military helicopter operated by the Uganda People’s Defence Forces (UPDF) under the African Union Support and Stabilisation Mission in Somalia (AUSSOM) crash landed at Mogadishu’s Aden Abdulle International Airport on Wednesday morning, sparking a fire and prompting emergency rescue efforts. The aircraft, which was carrying eight personnel,Continue Reading
(Juba) – Uganda’s exports to neighbouring East African Community (EAC) markets have dropped by UGX 820.5 billion (about $228.2 million), with South Sudan among the hardest hit, largely due to growing non tariff barriers, regional instability, and a shift towards informal cross border trade. New data from the Bank ofContinue Reading
(Entebbe) – Uganda’s President Yoweri Museveni has already been in power longer than many East Africans have been alive. This week he officially launched his latest bid to extend his rule beyond four decades. At 80 years old and with 38 years in office already under his belt, Museveni hasContinue Reading
(Nairobi) – The Embassy of the Republic of South Sudan in Nairobi has announced new procedures for accessing H.E. Ambassador Anthony Kon, Head of Mission, in a move aimed at improving efficiency and ensuring more focused engagement with the South Sudanese community in Kenya. The updated access protocols, shared publiclyContinue Reading
(Nairobi) – A delegation from South Sudan’s Public Accounts Committee (PAC) of the Transitional National Legislative Assembly (TNLA) has completed a three day working visit to Mombasa, Kenya, as part of efforts to improve oversight of revenue collection systems that impact the country’s economy. The delegation met with H.E. AmbassadorContinue Reading
(Kampala) – The Ugandan government has secured funding of Ush2.17 trillion (approximately $560.2 million) for the construction of its long delayed Standard Gauge Railway (SGR) line from Malaba to Kampala. This marks a major step forward in improving regional transport and trade along the Northern Corridor, with important implications forContinue Reading
