Companies

CompaniesTravel & Tourism

Uganda Airlines cancels all flights as government halts air travel

Uganda Airlines is suspending all passenger flights from 23 March “until further notice” as the government shuts down borders and stops all inbound and outbound flights in efforts to limit the spread of the Covid-19 coronavirus
A passenger airplane packed at an airport
CompaniesTravel & Tourism

Uganda Airlines cancels some flights amid coronavirus outbreak

Uganda Airlines is suspending some flights to Nairobi and Bujumbura due to the coronavirus outbreak, and cancelling flights to Mogadishu, Mombasa, Kilimanjaro and Zanzibar "until further notice", a statement by the company said
Ground support equipment at Entebbe International Airport
Companies

Government and MTN Uganda reach deal on licence renewal

MTN Uganda -- the country's largest company by revenue -- and the government have reached a deal on the renewal of the telecoms firms' operating licence, according to a report
CompaniesCorporate earnings and resultsMarkets

MTN Uganda profits surge on subscriber growth

Telecoms firm MTN Uganda reported on Wednesday strong growth in full-year revenue and operating profit, helped by increases in income from outgoing voice calls, data revenue, and mobile money revenue
MTN Offices in Kampala
CompaniesMarketsMovers & Shakers

George Inholo out as Uganda Clays culls top management

Uganda Clays Limited said George Inholo, the clay building products manufacturer's managing director, its head of production, and head of human resources and support services are leaving the company "by mutual consent". No reason was given for their departure
Manufacturing plant belonging to Uganda Clays Limited
CompaniesMovers & Shakers

Anne Juuko named new Stanbic chief executive as Patrick Mweheire moves to regional unit

Stanbic Bank Uganda has named Anne Juuko as the bank's next chief executive, replacing Patrick Mweheire, who has been appointed regional chief executive for East Africa, Standard Bank Group. The changes are effective on 1 March
A Stanbic Bank Uganda branch
CompaniesCorporate earnings and resultsMarkets

Vision Group posts first-half rebound in profit on stronger advertising revenue

Vision Group reported a rebound in revenue and profits in the first half of 2019/2020, underpinned by growth in advertising revenue and a reduction in the cost of sales
Vision Group Properties
CompaniesCorporate earnings and resultsMarkets

Stronger sales boost BAT Uganda 2019 profit, revenue

British American Tobacco Uganda posted a strong jump in 2019 profit as its rebranded cigarettes drove an increase in sales, according to financials released on Monday
CompaniesData

Circulation falls for Uganda newspapers in fourth quarter of 2019

Latest newspaper circulation figures show that all Ugandan publications audited by the Audit Bureau of Circulations of South Africa posted declines in circulation in the last quarter of 2019
Pile of newspapers
CompaniesEnergy, Oil & Gas

Total E&P freezes work on Uganda-Tanzania oil pipeline

French oil major Total, the lead joint venture partner on Uganda's proposed crude oil export pipeline has frozen all activities on the multibillion-dollar project citing “uncertainty” over its Uganda operation
Map showing the East African Crude Oil Export Pipeline route.
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