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Airtel Uganda has announced the separation of Airtel Money from its Telecom Business. Technically, the Airtel Money Business has been transferred to Airtel’s affiliate, Airtel Mobile Commerce Uganda Limited (“AMC Uganda”). The business separation complies with a new law – the National Payment Systems (NPS) Act, 2020 – passed on 4th September 2020, and the...

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Ugandan authorities have directed all mobile phone operators in the country to list on the local burse, the Uganda Stock Exchange (USE) within 12 months from June 2021. According to authorities, listing on USE will encourage local ownership of the telecommunications industry. Chairperson of the Capital Markets Authority (CMA) Jacqueline Kobusingye said there was no...

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The government of Uganda has been awarded USD200 million financing by the World Bank to carry out a series of digital inclusion schemes. The new Uganda Digital Acceleration Project-GovNet (UDAP-GovNet) will support the extension of 1,000km of national fibre backbone infrastructure, an additional 500km of fibre-optic network links between towns, mobile broadband connections for 900...

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Raxio has officially launched Uganda’s first state-of-the-art tier III carrier-neutral data centre at its site in the Kampala Industrial and Business Park (KIBP), Uganda. Raxio will work towards supporting industries that are facing increasingly complex and unique IT and regulatory challenges by providing secure colocation space of up to 400 racks ready to house mission-critical...