TOP STORIES

February 29, 2024

MPs vote to keep NITA-U

Lawmakers have voted against a government Bill intended to dissolve the National Information Technology Authority Uganda and move its functions to the Ministry of Information, Communication, […]
February 27, 2024

World Food Programme (WFP) Uganda launches a Self-Reliance Model for refugees in Uganda

The first time I was in Bidi Bidi Refugee Settlement in Yumbe District, which was many years ago, I was utterly stunned. I saw life with […]
February 27, 2024

Absa declares bold new business and brand promise across all its markets

Absa has launched its repositioned brand to the market signalling a shift to being a more deliberately customer-centric business with the new brand promise of ‘Your Story […]
February 26, 2024

Anne Juuko set to exit Stanbic Bank Uganda

Anne Juuko is set to leave her position as Stanbic Bank Uganda’s Chief Executive Officer, after exactly four illustrious years, for another role in the Standard […]

BUSINESS NEWS

February 28, 2024

Common Card Payments Myths and Misconceptions by Ugandans Debunked

The landscape of financial payments in Uganda is rapidly evolving as consumers increasingly prioritize convenience and speed in their payment methods. The surge in demand for digital payment services reflects this trend, with mobile money transactions experiencing a notable 7.7 percent increase in volume and a 2.9 percent uptick in value, soaring to UGX 62.2 trillion in the quarter ending December 2023. In contrast, the value of debit card transactions remains relatively modest with an increase from UGX 532 billion to UGX 58 billion within the same period.
August 23, 2023

Uganda Telecom rebrands to UTel

Uganda Telecom, now known as UTel, has unveiled its fresh new identity as a subsidiary of the Uganda Telecommunications Corporation Limited (UTCL), under the ownership of […]
August 9, 2023

MTN Uganda demonstrates the strength of its 5G network

In the heatwave of 5G network, MTN Uganda hosted a 5G experience event at the Uganda Communications Commission headquarters last week. The new dawn of internet […]

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