Media industry

Digital EconomyScience & Technology

Media often tout fintech as answer to Africa’s problems, overlooking its downsides

African headlines often praise fintech as solving the continent's economic problems, but some political economists and social theorists challenge this narrative
Three communications and politics researchers wondered whether African journalists were uncritically talking up fintech or were warning of its risks. They analysed news coverage and looked at journalism published between 2016 and 2021 by leading newspapers in Kenya, Uganda, and South Africa, as well as through the AllAfrica news aggregator. Based on their initial examination of 368 articles, they identified nine themes or frames that appeared frequently in news coverage of fintech.
Opinion

For inclusive media, we need to bridge the digital divide

Only two million Ugandans use social media regularly, representing a paltry 4.3 per cent of the population, leaving a significant portion of the population outside the digital sphere
Young woman typing on a smartphone
CompaniesCorporate earnings and resultsMarkets

New Vision warns of full-year loss, blaming weak post-pandemic recovery

The government-controlled media group warned it will post a net loss for the year to June because of the weak economic recovery from the Covid-19 pandemic
Head offices of the New Vision Printing and Publishing Company Ltd on First Street, Industrial Area, Kampala
CompaniesCorporate earnings and resultsMarkets

New Vision swings back to half-year profit on government contracts

New Vision Printing and Publishing Company returned to profitability in the second half of 2021 as contracts from the government to publish educational materials and textbooks boosted revenue
CompaniesMarketsMovers & ShakersPolitics & Policy

Vision Group names Don Wanyama as new chief executive

Vision Group has announced that Don Wanyama, the senior press secretary to the president, will take over as chief executive
An office building
CompaniesDigital Economy

Nation Media Group to slash staff in major restructuring

Nation Media Group Uganda, the media company, plans to dismiss staff as part of a restructuring seeking to "accelerate our digital transformation" and in response to effects of the Covid-19 pandemic
A newsroom
Companies

Monitor Publications cuts pay as Vision Group lays off staff

Monitor Publications Limited, part of the Nation Media Group, became the latest media company to cut salaries of its employees in response to a decline in revenue caused by the coronavirus outbreak
Offices of the Monitor Publications Limited in Namuwongo