Blog Archives

  • Telco’s skeptical as Uganda adopts formula for determining license fees

    February 19, 2019 – The Ugandan cabinet on February 12, approved a formula for assessing the value of telecom licenses as part of efforts to make the licensing regime more transparent and equitable to all players. Under the formula […]

  • Kiira Motors ‘Beast’ embarks on 1200km roadshow

    Crowds begin to gather around the Beast shortly after its arrival in Masaka this morning February 19,2019 – Uganda’s budding automotive manufacturer Kiira Motors Corporation KMC, has today set off on a roadshow that will see its latest prototype […]

  • Magufuli stance, Uganda politics impact Uganda crude oil pipeline

    Initially supposed to go through Kenya, the East African Crude Oil Pipeline was in 2017 rerouted to transit through Tanzania on Total’s insistence. The oil major was concerned about the development and security costs and their impact on the […]

  • Stanbic appoints new head for corporate banking

    February 15, 2019—Stanbic Bank Uganda (SBU), the top provider for credit to individuals and businesses in Uganda, has appointed Emma Mugisha (pictured) as the new Head of Corporate and Investment Banking (CIB). Her role is to oversee the bank’s […]

  • Uganda to host summit on business leadership

    Dei-Tumi (centre) lines up with representatives of major sponsors of the upcoming summit. February 14, 2019—Next week Uganda will host a strategic leaders summit under the theme, ‘Innovation, leadership and entrepreneurship development in times of uncertainties’. Emmanuel Dei-Tumi, the […]

  • New front opens in fight over Djibouti port ownership

    A container ship berths at Doraleh before DP World were thrown out by the Djibouti government. February 14, 2019—One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive […]

  • Fitch gives Uganda Development Bank thumbs up

    February 14, 2019—Fitch Ratings, one of the world’s ‘Big Three’ credit ratings agencies, has given Uganda Development Bank Limited (UDBL) a favourable appraisal for the foreseeable future. Ojangole announces the latest Fitch assessment during a news conference during mid-week […]

  • Airbus moves to complete space based optical-fibre loop

    February 13, 2019 – Airbus and Japanese telecommunications satellite operator SKY Perfect JSAT have signed a cooperation agreement that will Airbus’ SpaceDataHighway which became operational in 2016, extend its footprint to the Asia-Pacific region. The SpaceDataHighway is the world’s […]

  • Digital technology blurring business boundaries

    February 12, 2018 – Businesses will have to rapidly evolve and adopt new operational models if they are to survive a global wave of disruptive technology that is sweeping across the business landscape. Likening the current stance of most […]

  • PwC says government running out of room over rising debt

    February 12, 2019—PwC Uganda, part of the international financial services consultancy group, has expressed concerns about Uganda’s rising debt situation in its 2019 outlook. Current total debt-to-GDP is hovering at 40 pc or just over $10 billion. PwC suggests […]