Billionaire Sunil Mittal’s Airtel plans Uganda’s biggest IPO

Airtel Uganda Ltd. plans to raise as much as 800 billion shillings ($216 million) in an initial public offering, making it the nation’s biggest share sale. The company priced its IPO at 100 shillings apiece valuing the nation’s second-biggest telecommunications carrier at 4 trillion shillings. The unit of billionaire Sunil Mittal’s Airtel Africa Plc is…

Kabuleta’s NEED warns ban on used clothes could trigger insecurity in Uganda

The ban on the importation of used clothing by President Museveni is a direct attack on 16 million vulnerable Ugandans, according to the National Economic Empowerment Dialogue (NEED). The political party headed by Joseph Kabuleta stated that this move will cause high levels of unemployment leading to insecurity. NEED is appealing to every Ugandan who…

Full Speech of H.E Yoweri Kaguta Museveni President of The Republic Of Uganda During The East Africa Fire and Anointing Pastors Conference 2023 in Kampala.

Rt Hon Dr. Ruhakana Rugunda Prime Minister Emeritus of Uganda representing President Yoweri Kaguta Museveni at the East Africa Fire and Anointing Pastors Conference 2023 of Dr. Michelle Corral, President Breath of the Spirit Ministries.State House Head of Investors Protection Bureau Col Edith Nakalema also spoke. The Conference was Hosted by Kivumbi Earnest Benjamin, President…

Uganda Cuts Internet Prices for Government Bodies

The National Backbone now extends to all regions of the country spanning 4,300km extending connectivity to around 4,360 Government offices The Ugandan government has announced a reduction in the cost of the internet for its ministries, agencies and departments.  “I am delighted to announce that effective today 1st of August 2023, the Price of the…

Pope Francis praises Uganda’s welcome of refugees

Pope Francis meets with the Prime Minister of Uganda, Ms. Robinah Nabbanja, and expresses his admiration for the welcome extended to migrants and refugees from various countries. By Devin Watkins Uganda’s Prime Minister Robinah Nabbanja met on Monday with Pope Francis at the Vatican’s Apostolic Palace. The encounter lasted around 25 minutes and saw the…