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South African Tourism announces appointment of Regional Manager: West Africa

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South African Tourism is delighted to announce the appointment of Mr Lehlohonolo Pitso as Regional Manager: West Africa.

As Regional Manager: West Africa, he will implement a marketing strategy for all West African markets and work to develop and grow trade, media and other stakeholder relationships to ensure continued robust tourist arrival growth from West to South Africa.

Hloni (as he is known) has a 17-year track record of distinction in the travel and tourism industry.  He started his career whilst still a student at Boston City Campus when he was chosen to join the HRG Rennies Travel Learnership Programme which was swiftly followed, upon graduation, by his appointment as a travel consultant to Rennies.

He has also worked at Air Botswana and as a sales executive at Protea Hotels where, after eight months, he was promoted to Sales Manager: Africa.

Hloni joined the Africa team at South African Tourism five years ago as the Trade Relations Manager: East Africa. He takes up the Regional Manager: West Africa position after having served as the Regional Trade Relations Manager: East and West Africa. As part of his appointment, he will relocate to Lagos, Nigeria, to work out of South African Tourism’s first regional marketing office on the continent.

“We are delighted that we have, in Hloni, a professional of his caliber to manage our new office in Lagos and our incredibly important marketing work, trade relationships and consumer engagement across the entire West African region,” says chief executive officer, Mr Thulani Nzima.

By the end of June, 2013, Nigerian tourist arrivals to South Africa were up 15.9 percent. This was exceptional growth on the back of phenomenal increase in arrivals of 13.8 percent in 2012 when Nigerian tourists contributed an estimated R720 million to the South African economy. Moreover, Ghanaian arrivals were growing at 27.3 percent by end June 2013.

“West Africa is an incredibly important and valuable market region for our destination,” Mr Nzima says. “The entire African continent, in fact, is of significant strategic importance to our destination. South African consistently records excellent tourist arrival growth from all key African markets. South African Tourism made the decision in 2011 to invest R218 million in the African markets. The opening of the regional West African office, and Hloni’s appointment, is part of that growth investment.

“Hloni’s intimate knowledge of the South African brand; his profound understanding of the West African consumer and trade environments; and his unbridled passion for his country and his work makes him the very best person for this job. We know West Africa is in excellent hands.”

RVR automates track maintenance with new high capacity equipment

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Rift Valley Railway has received two high capacity railway track maintenance machines that will automate and significantly speed up the process of track maintenance.  

The Ballast Tamper and Ballast Profiler machines which cost about UGX 3 billion, arrived in Mombasa last weekend; and can restore a kilometre of track per hour to the technically correct design, compared to only 40 metres per hour using manual maintenance crews. This will result in enhanced track stability and lifting of speed restrictions on the 500kms of curves along the track that will receive priority attention.

The high end equipment is manufactured by Austrian firm Plasser & Theurer, the pioneer and global leader in mechanized railway track maintenance technology.

Speaking about the arrival of the equipment the RVR’s General Manager Western Mark Rumanyika said “this is the latest Capital investment the company is making aimed at improving the quality of the line, last year we reopened Uganda’s Northern line after extensive rehabilitation and replaced 70km of worn out rail between Mombasa & Nairobi” cutting journey times between the two cities by over six hours”.

The two machines will work in tandem: the Ballast Profiler ensuring even distribution of ballast along the line and its shoulders; and the Ballast Tamper securing the precise alignment of the rail tracks.

The equipment will be commissioned next month following training of RVR engineers by the manufacturers.

Maintaining optimum track alignment and uniform spreading of ballast on railway tracks is important due to the unsettling that occurs from the movement of heavy trains. 

Frank Ngabo Wins MTN Monthly Golf Challenge

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The versatile Golfer Frank Ngabo has emerged the overall winner in the MTN sponsored January 2014 MTN Monthly Golf Challenge with a clear 70 gross closely followed by Gerald Kabuye who garnered 73 gross.

Playing in the Ladies Group, Dr. Kate Kabenge took the Group prize as the Lady Captain, Agie Konde, followed in second place. In Men’s Group A, Bashiri Asasira took the cup as Patrick Hunt emerged the runner-up.

In Men’s Group B, Justin Mwanguhya emerged winner followed by Sam Okello Ocero while in Men’s Group C, Dr. Sam Zaramba playing of a six handicap took the lead with 68 Net, followed in second place by Anthony Okullo.

This was the first edition of the year for the MTN Monthly Golf Challenge at Kampala Golf Club and was very successful. The MTN Monthly Golf Challenge attracts many corporates who regularly plays in the Club competition.

Speaking in an exclusive interview before the tee off, Ernst Fonternel, MTN’s Chief Marketing officer, noted that the MTN Monthly Golf Challenge is an excellent platform for MTN to interact with the golfing community and golf enthusiasts outside the formal office environment. He added that support for sports, and in particular golf, continues to be a focus area for MTN Uganda.

“For the last 5 years MTN Uganda has continued to commit significant resources to the MTN Monthly Golf Challenge at Kampala Golf Club which runs throughout the annual golf calendar. We look forward to another exciting golfing season in 2014.” concluded Fonternel.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. More info on www.mtn.com

MTN Uganda’s seasonal traffic boosts

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As 2014 kicked off, MTN Uganda recorded high activity from its customer base seen through the increase in voice calls, SMS activity as well as Data and Mobile Money transaction volumes as compared to the same period last year.

Figures were compared for the festive period (2012 & 2013) December 24th to 1st January. SMS traffic person to person increased by 1 million transactions Year on Year from 14 million to 15 million. This shows that Ugandans continue to embrace SMS as an alternative way to stay in touch.

Social Media continues to be a key focus area for MTN Uganda as we deliver a bold, new Digital World to our customers. Using social media for business today is as important as learning how to use email for business 15 years ago. MTN Uganda’s Facebook and Twitter pages have set a national record becoming the fastest growing and most popular social media pages in Uganda having the largest number of fans. By the end of 2013, the number of Facebook followers on the MTN Uganda page exceeded 210,000 maintaining the position of number one Corporate Brand with the largest following in Uganda. MTN has also used Twitter as an effective channel to communicate with its customers and respond to their queries in Uganda. It has also recorded a growing number of views on its YouTube site. To attest this success, in November, MTN Uganda won the prize for best Corporate in the first Social Media awards held in Uganda.

MTN customers are also talking more. MTN recorded a 10% rise in voice calls during the festive season. MTN Uganda’s successful promotion ‘Goood Mooorning Uganda’ has given its customers an opportunity to receive one free minute, every day, from 6am to 9am to call their friends on the MTN network. The success of this promotion shows that MTN customers welcome this opportunity to get in touch with their loved ones. “An early call can start it all, and that’s just what Ugandans have learnt to appreciate this festive season,” said Ernst Fonternel, Chief Marketing Officer at MTN Uganda.

“These figures show that our customers were able to communicate with their loved ones during the festive season as well as ably carry out their financial transactions on the MTN network at this important time of year. We are glad to be a reliable partner for this activity,” said Fonternel.

MTN Mobile Money remains the fastest growing product in Uganda with more than five million registered users each transacting on average six times a month. The popularity and growth of MTN Mobile Money has created more than 100,000 jobs for Ugandans and increased financial inclusion of the unbanked. MTN customers have continued using the Bill payment channels to pay their Electricity and Water bills through MTN Mobile Money. Overall figures indicate that more than 85% of the mobile bill payment collections in Uganda are made through the MTN Mobile Money platform.

In terms of its Data portfolio, MTN Uganda recorded a significant increase in terms of volumes during the festive period. MTN’s customers consumed more than 112 Terabytes worth of internet downloads and uploads during December 2013 alone which increased by 133% compared to December 2012. This growth was brought about by the value that MTN offers to their customers, increased speeds and improved 3G coverage with more than 400 Sites delivering up to 42Mbps speed as well as a comprehensive suite of Data devices, packages and bundles.

“In 2013, MTN Uganda was the first in the market to introduce WiFi Hotspots, 42Mbps and 4G LTE. We also provide our customers with 15MB worth of Free Internet every month and we are constantly reaching out to our customers through various activations and great device deals,” Fonternel said.

Fonternel added that following these trends, 2014 should be another largely successful year evidenced by the increase in activity on voice, SMS and data transactions on the MTN Network during the festive season and into the New Year.  

In terms of Network Infrastructure, MTN continues to lead the way in terms of investment and its commitment to development of the ICT sector. During 2014, MTN has secured USD 60 million as additional investment to expand its Infrastructure and Services and this will be added to the USD 150 million invested during the last 2 years.

MTN’s vision is to lead the delivery of a bold, new Digital World to our customers. As we continue to fulfill this promise we remain committed to continue to improve the lives of Ugandans by consistently fulfilling our promise to provide consistent service and the best customer experience.

“Our focus as a business is to provide superior customer experience and relevant products and services that suit the needs of our customers. Going forward we will ensure that we continue to remain relevant to our growing customer base through innovation and dedicated customer service. MTN will work extensively with all existing and new licensed operating telecom providers to develop the ICT agenda of Uganda,” Fonternel concluded.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit us at www.mtn.com.

MTN Uganda Foundation Launches Mukono ICT Resource Centre

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Just weeks into the New Year, the MTN Uganda Foundation has today commissioned a newly refurbished ICT Resource Center with a fully connected internet Hot spot in partnership Mukono District administration.

The ICT resource centre was refurbished at a cost of UGX 200 million and offers 60 work stations. The centre which is fully funded by MTN Uganda is also powered by MTN’s high speed internet and will be managed by the Mukono District Local Government. The resource centre is earmarked to attract more than 1000 users a month from the surrounding community.

With the growing trends in technology, MTN Uganda through the MTN Foundation has helped to bridge the digital divide and the district’s quest for reliable internet access as part of the growing demand for the utilization of information technology in the country. This will go a long way in supporting the residents of Mukono including the students from the nearby Uganda Christian University (UCU) as well as the general public. It will be managed by the Mukono local district council.

Speaking at the commissioning ceremony, the CEO MTN Uganda Mazen Mroué who is also a Trustee of the MTN Uganda Foundation reaffirmed MTN’s commitment to continue providing ICT support to improve service delivery in the district and stated that the connectivity will create online access for the centre to increase its usage and visibility. This is also in line with the MTN Foundation’s corporate social responsibility areas for 2014 which include Education, Health and National priority areas.

In 2013, the MTN Group launched its new Vision, ‘To lead the delivery of a bold, new digital world to our customers’. This means a focus on creating a distinct customer experience, driving sustainable growth while transforming our operational model to make our customers lives a whole lot brighter. At MTN, innovation is about introducing something new, better or different, large or small that adds sustainable value to the lives of our customers.

Mroué highlighted the fact that the MTN Uganda Foundation will continue to partner with the Government of Uganda as developmental partners and will particularly look at ways to help to bridge the digital divide in Uganda.

MTN Uganda is committed continue investing in technology, saying that in the last two years alone, the company made additional capital investments of USD 150 million in network rollout and upgrades as well as other infrastructural developments to support market growth. In terms of investment in improvement of quality of service, in 2013, the company invested an additional USD 70 million to bring the total number of MTN Network sites supporting the MTN network up to 1,220.  This saw the rollout of 115 new coverage sites and upgraded the capacity of another 406 Network sites. 

“There is a direct link between improved literacy and the socio-economic status of any community. We are committed to support such initiatives that further enhance human capacity building as a catalyst for economic development”, Mroué added.

The Guest of Honour, Mukono LC V Chairman- Mr. Francis Lukooya Mukoome commended MTN Uganda for its continued commitment and enthusiasm in  making  a difference among communities stating that the company’s technological support will go a long way in enhancing development in Mukono.

“Mukono District’s initial vision was to establish a centre comprising of technological aspects, themes and other elements that will enhance the image of a modern area of information usage and consumption. That quest has been fulfilled today. I thank MTN for this partnership,” said Mukoome.

Also in attendance at the event was the South African High Commissioner, H.E. Jon Qwelane who is a Trustee member of the Foundation. The other members of the Board of Trustees for the MTN Uganda Foundation include, the Chairman- Mr. George Egaddu, the Patron- Dr. Eric Adriko and Dr. Paula Munderi.

The MTN Uganda Foundation is a not-for-profit legal entity that was inaugurated in July 2007 as a vehicle through which MTN U implements its’ Corporate Social Investments (CSI). The Foundation strives to improve the quality of life in communities where MTN Uganda operates in a sustainable way.

The MTN Uganda Foundation, since inception, has invested resources for social redress, thus empowering people by skills transfer, preserving and nurturing their heritage, culture and arts, supporting sports and sports development. From 2013 going forward, Education will be the key focus area for the MTN Uganda Foundation; the other areas will include Health and National priority areas.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com www.mtnmmo.com  and for our football fans www.mtnfootball.com

MultiChoice Launches New Educational Channel – A Portal of Knowledge

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It is “back to school” season and to celebrate this, MultiChoice Africa is supporting learners and educational efforts through the launch of an exciting new educational channel, Channel ED.

Channel ED will join the DStv and GOtv family of channels on Tuesday, 14 January 2014. It airs on DStv channel 318 and on GOtv channel 65.  The channel gives all MultiChoice subscribers access to an exciting knowledge portal of both global high-end documentaries and new locally-produced content.

Offerings range from physics to finance, from culture to chemistry and from the natural to the supernatural. It brings together the learned and the learning so our customers access the world’s leading minds in an interactive, vibrant arena of innovations and discovery.

“MultiChoice is committed to equip learners and communities with the best educational information to ensure that our audience gain information in a fun and exciting manner. Channel ED’s broad content is aimed at ages 15 to 49 and is yet another demonstration of our commitment to bringing families together through the ultimate family viewing experience,” says Charles Hamya General Manager, MultiChoice Uganda.

The channel will broadcast six hours of new content every week day, including documentaries, short form material and presenter-driven programmes. “Channel ED is about expanding the world’s knowledge on Africa through knowledge sharing thereby changing perceptions of Africa for the better,” says Executive Producer of Channel ED, Danie Ferreira.

About Channel ED

Channel ED is Africa’s exciting and pioneering new knowledge portal where dazzling global high-end documentary television combines with hundreds of hours of brand new local and continental content bringing to viewers young and old a unique cutting-edge edu-explosion. Channel ED brings 21st Century innovations, developments and discoveries right to the doorstep of the knowledge-hungry, as the world’s top experts unlock a compelling world of power and knowledge, where education comes alive.

About MultiChoice

MultiChoice is Africa’s leading pay-television operator with a presence in over 50 countries in the continent and its adjacent Indian Ocean islands, supporting it with world class subscriber management services. DStv and GOtv provide the best local and international channels, including first-run films, documentaries, children’s programming, news and sports.  As pioneers in pay-tv, we continuously develop technology that makes information and entertainment as easily accessible as possible. Being a proudly African business we continuously invest in the development of those communities in which we operate, enhancing education through initiatives such as our MultiChoice Resource Centre projects.

Huawei Uganda donates 5000 USD to care for children in Luzira

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Huawei, a leading global information and communications technology (ICT) solutions provider, donated 5000 USD to care for children in a kindergarten being run by St. Stephen’s Church Luzira. The church under the Anglican communion of Uganda provides free kindergarten education and medical services to the children in that community. Mr. Dingyong Huawei Uganda delivery and service business director commended the church for its endless effort in ensuring the well being of its community. He also credited the Church of Uganda for laying a strong foundation and giving its churches momentum for moral, structural and financial development. The donation is aimed at fulfilling our corporate social responsibility commitment of giving back to the community we operate with the major objective of enriching life through communication.    

About Huawei

Huawei is a leading global information and communications technology (ICT) solutions provider. Through our dedication to customer-centric innovation and strong partnerships, we have established end-to-end advantages in telecom networks, devices and cloud computing. We are committed to creating maximum value for telecom operators, enterprises and consumers by providing competitive solutions and services. Our products and solutions have been deployed in over 140 countries, serving more than one third of the world’s population.    For more information, visit Huawei online: www.huawei.com

Follow us on Twitter: www.twitter.com/huaweipress  and YouTube: http://www.youtube.com/user/HuaweiPress

Investing At the Dawn of the African Century

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“Why invest in Africa when “the risk is so high?”  – I would have thought the answer was so obvious as to make the question irrelevant, but that doesn’t change the fact that we get asked this on a regular basis — by international investors and African journalists alike. The question is generally followed by one version or another of our continent’s perceived woes: poverty, under-developed institutions and conflict…

As we see it at Citadel Capital, it comes down to this: If you are satisfied with a one per cent return on your investment, go buy 10-year Swiss bonds. Otherwise, go to Africa, because our continent today stands on the cusp of a major boom. We see Africa as the last great frontier in investing.

Across the continent, there are billions of dollars a year in infrastructure investments seeking funding — and an abundance of natural resources that will be the nucleus of an industrial base across the continent. Crucially, a new generation of policymakers has opened power generation, energy distribution, refining and large transportation projects to the private sector. A global commodities boom has fuelled exports. Africa now holds 61 per cent of the world’s total uncultivated land, a reality to which African policymakers and global buyers alike are waking up to. What’s more, we have an incredible potential demographic dividend: One billion consumers today and, by 2040, the world’s largest working-age population.

As a result, we think we’ll see a four-factor growth story here in Africa: Export-led growth, the power of the African consumer base, the impact of optimally developing natural resources, and the development of infrastructure to support all of this. That’s why we’ve seen an average of six per cent GDP growth across Africa in the last decade and it is why the World Economic Forum is estimating that Sub-Saharan Africa will see GDP grow by 35.7 per cent by 2017 to USD 1.9 trillion.

Harnessing these opportunities demands a willingness to delve deeper, to be hands-on with your investments, to get to know the countries and the industries in which you invest. But whether you’re building critical infrastructure, manufacturing for domestic consumption or making value-added exports, Africa, as we see it, is the last great frontier in investing and perhaps in no sector is that reality clearer than in the transportation industry.

Looking at East Africa, the region has some of the highest consumer prices in the world, particularly outside major urban centers, due in large part to the high cost of transportation on poorly maintained and fragmented road networks. To take the extreme example, South Sudan has among the highest food prices in the world. Maize at the retail level is sold at US$ 10 per kilogram, and a three-liter bottle of cooking oil costs US$ 16. In fact, a tonne of maize costs more than triple the international price.

The pinch may not be felt as sharply in Kenya and Uganda, but there is no doubt that citizens have suffered as a result of decades of underinvestment in rail infrastructure. That’s where the Citadel Capital-led consortium that acquired Rift Valley Railways comes in.

Our turnaround of RVR is based on four pillars and serves, we think, as a proven methodology for unlocking value in the transport sector: a clear strategy; the provision of adequate financing; the deployment of global cutting edge technology; and the supervision of all of this by globally-qualified experts who understand how to do business in Africa.

The first four years of the concession, from 2006 until 2010, were effectively wasted before the original franchisee was replaced by an amended covenant signed by new investors — Citadel Capital, Kenya’s TransCentury and Uganda’s BOMI Holdings — in late 2010.

RVR initially thought it needed USD25 million in investment under the first concession and USD40 million in the second. But after a detailed inspection of the 2,300-km of track and other assets, we found that even the USD 40 million investment threshold was an underestimation by a factor of seven.

That’s why we worked with our partners between August 2010 and September 2011 to line up full funding for a USD 287 million (Sh24.7billion) turnaround. This is an amount we felt was necessary to bring the railway system back up to speed after three decades of neglect. Noteworthy investment to revive the railway only began in December 2011, after the first draw-down. To date, almost two years to the day later, USD 156 million (Sh13.5bn) has been injected into turning around the railway system.

This is a scale of private-sector investment unmatched over the same period in East Africa and exceeds by 700 per cent the investment target in the agreement. Indeed, we’ve invested more in the rail system in the past 18 months than was invested in the previous 18 years.

This investment has been overseen by a world-class operating team at RVR made up of Kenyans, Ugandans and international experts from America Latina Logistica (ALL), the global specialist in emerging-markets rail based in Brazil.

Under new management, RVR has introduced a GPS-based automated train warranting system that makes RVR by far the most technologically sophisticated rail operation on the continent. We have relaunched the Tororo-Gulu-Pakwach line in Uganda for the first time in 20 years, opening the door to new economic opportunity in Northern Uganda and setting the stage for growth in regional trade. We have rehabilitated over 900 wagons and are now purchasing 20 new state-of-the-art locomotives. We’ve completely rebuilt 73 kilometers of new rail between Mombasa and Nairobi, and continue our aggressive program of reconditioning existing rolling stock and locomotives at workshops in Kenya and Uganda.

Crucially, we’re also investing in people too: Part and parcel of the turnaround program is over USD 10 million of training and capacity-development programs, structured with ALL (the largest private sector railway operator in Latin America) to bring best-in-class railway operations know-how to RVR’s engineers and technicians. And the market has noticed: When we launched our first Management Trainee Development Program in the top universities across East Africa, over 3,000 qualified young engineers and economists applied to be a part of the new RVR.

MTN Uganda completes the roll-out of 115 new Network Coverage Sites

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MTN Uganda is pleased to announce completion of the planned 2013 Network Coverage site roll-out initiative. The site roll out exercise for 2013 saw the rollout of 115 new coverage sites and upgraded the capacity of another 406 Network sites. This is part of the 2013 Investment plan worth USD 70 million and brings the total number of MTN Network sites supporting the MTN network up to 1,220.

The new coverage areas rolled-out in 2013 include some of the following:

  • Central Region- Nakwero, Luwero Town, Negulumye, Luyanzi, Masajja Town, Lubatu, Lweza Central, Semuto, Namanve, Kyebando Nsoba, Ndejje University, Pekasa Hostel, Protea Hotel, Ntinda Valley, Namanve, Kireka Zone, Ham Towers, Gwaffu
  • Northern Region– Aripia, Pajimu, Acholi Pii, Palwo, Bangaladesh, Muchwini, Midigo, Karenga, Buseruka Road, Nyarugabo, Katikamu, Ntwetwe town, Zombo, Merewa, Akilok, Lacor Hospital, Goli, Omoti, Patongo, Ovujjo, Kisimula, Bweyale, Badyan, Pamodo, Akara, Buhimba, Pakele, Bala, Nyapea, Padea, Adumi, Wandi, Loyoro , Wol, Kupoth, Morulem.
  • Eastern Region- Sigulu East, Kobulubulu, Achuna, Kalaki, Namwezi, Bwonda, Bugobi Nakyere, Tororo,Senior Quarters, Namasagali, Buyende, Irundu, Magoro, Kyanvuma, Namagera, Cheminy, Ibuje, Namungalwe, Dodos, Nabisengo, Bukoli, Kapujan, Mbale resort, Senyi_Island, Nangunga
  • Western Region- Isingiro Town, Igara, Kinuka, Nabugabo, Lake Katwe, Nyamatunga, Lusalira, Masonde, Mahango, Naanywa, Nyamwirima, Kyanika, Rwengobe, Rubuguri, Kitemu, Biwolobo, Nakivale, Banda Maanyi, Mpambiire, Kanseera, Maya, Dyango

In addition, MTN Uganda has upgraded almost all its Network sites in Kampala from 2G to 3G and all the planned new 3G locations out of Kampala have been completed bringing the total number of 3G locations to more than 400 sites. The upgraded sites in Kampala will go a long way in supporting businesses and commerce in the Central Business District.

“MTN Uganda is ahead of target on its rollout plans and nearly all of the planned 406 sites earmarked for upgrade by end of 2013 have been completed,” reiterated Rami Farah, MTN Uganda’s Chief Technical Officer.

MTN has invested heavily in technology consistently leading the pack over the years.

Over the last two years, MTN has made major investments to its data infrastructure in Uganda, expanded the mobile distribution foot print, and greatly enhanced the mobile core, radio capacity and Network infrastructure.

Since MTN was launched in Uganda in 1998, it has made major investments in the country. In 2012 and 2013 alone, its CAPEX investments exceeded USD 150 million. This investment was mainly in expanding the network infrastructure to support the mobile subscriber growth as well as the rollout of new innovative products and digital solutions. The continuous investment over the last 15 years has positioned the MTN Brand as number One in all categories as the Largest Network with the Widest Coverage, Fasted Internet and the Biggest Mobile Money Service Provider with direct and indirect Job creation and support exceeding 500,000 people.

“In terms of Network Infrastructure, by the end of 2012 MTN Uganda had deployed 2,800km of fibre backbones achieved with multiple layers and rings to protect customer experience across all national regions and provide dedicated business solutions to SMEs and Corporate Enterprises. Another 350km of fibre is currently deployed between Mutundwe in Kampala and Kyenjojo district through Fort portal) in Western Uganda,” said Farah.

Furthermore, MTN Uganda extended the fibre network backbone and built five regional switching centres in the East, West, North and Central regions. MTN also built a fibre optic cable through Tanzania into Rwanda, providing an alternative data capacity route through Katuna into Uganda.

“The continuous CAPEX investment by MTN is aimed at providing our customers with the best possible user experience across the country. We would like to ensure consistent and reliable network quality for all existing customers and also to enable many more new customers to enjoy the best of what Mobile Technology has to offer,” concluded Farah.

MTN Uganda has 3 regional switching centers located in Tororo, Mbarara and Masindi. The purpose of these is to improve network resilience and efficiency. MTN also commissioned its fourth switching centre at Mutundwe and rolled out high speed data. The Company has been improving inter switch capacity and resilience to accommodate traffic increases on the network and provide better service to our customers. Earlier this year, MTN Uganda become the first operator in Uganda, and one of the very first in the region and on the African continent to successfully launch its 4G LTE network.

This is in line with MTN’s new Vision- ‘To support delivery a bold new digital world to its customers.

 About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com www.mtnmmo.com  and for our football fans www.mtnfootball.com

Citadel Capital 3Q2013 business performance

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Citadel Capital Reports 3Q13 Results: Aggregate Revenues at Operational Core and Non-Core Platforms Surges 15.5% y-o-y to USD 0.22 billion; statutory consolidated net loss narrows 38.3%
 
Citadel Capital reports a more than ten-fold rise in aggregate EBITDA at operational core and non-core platform companies as it seeks majority stakes in most of its investments in five core industries via ongoing USD 0.53 billion share issuance
Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East with US$ 9.5 billion in investments under control, has disclosed its Business Review for the third quarter of 2013, reporting a continued narrowing of its consolidated net loss to USD 12.0 million, a 38.3% contraction from the same period last year. 
 
The sharp reduction in the firm’s consolidated net loss was primarily the result of the firm’s continuing emphasis on cost control and operational improvements at its core and non-core investments. 
 
“We are broadly pleased with our consolidated performance in the third quarter and look forward to closing early in the new year our ongoing USD 0.53 billion share issuance,which we will use to obtain majority control of most of our core platform companies as we transform into an investment company,” said Citadel Capital Chairman and Founder Ahmed Heikal. “The quarter’s results clearly indicate that our emphasis is on delivering operational improvements is bearing fruit.”
 
The narrowing of the firm’s consolidated net loss was counter-balanced by USD 4.46 million of net impairments taken in the quarter primarily related to previously written-down upstream oil and gas investments. Also impacting the quarter’s results was the economic impact of events following the 30 June Revolution, including challenges to production, logistics and retail operations as a result of the curfew in effect during August and September. 
 
Citadel Capital’s Business Review focuses primarily on the performance of its eight operational platforms in the core industries of energy, transportation, agrifoods, mining and cement.
 
Total aggregate revenues at operational core and non-core companies was USD 0.22 billion in 3Q13, a 15.5% increase over 3Q12.Total EBITDA at operational core and non-core companies, meanwhile, was USD 18.50 million, a more than ten-fold increase from the same period last year.This performance was primarily driven by standout performers TAQA Arabia (energy),Africa Railways (transport), and Gozour (agrifoods).Non-core company GlassWorks also performed well in the quarter as its contribution to aggregate EBITDA more than doubled.
 
As consolidated results do not present a complete picture of the performance of core platform companies that will remain part of Citadel Capital’s investments following the winding down of a three-plus year divestment program for non-core assets as part of the ongoing transformation process, Management has focused its quarterly reporting on aggregate revenue and EBITDA figures for the firm’s eight core operational platform companies since its FY12 Business Review. These aggregate figures give a more accurate picture of financial and operational performance than do consolidated results. Consolidated results will become better indicators of the firm’s performance as the transformation process moves forward.
 
As part of that transformation process, the firm’s shareholders gathered for an extraordinary general meeting on 23 October 2013 at which they approved the launch of an USD 0.53 billion share issuance at par (USD 0.73) that would see the firm’s paid-in capital rise to USD 1.17 billion from USD 0.63 billion.The share issuance is part of the firm’s transformation from the largest private equity firm in Africa into the leading investment company in the region. Citadel Capital will use the share issuance to reach majority ownership in most of its platform companies, in particular the firm’s subsidiaries in its five core industries.
 
Highlights of the 3Q13 performance of the firm’s investments in each of the five core industries follow.
 
Energy
Aggregate revenues for operational core platform companies in the Energy Division rose 9.5% year-on-year in 3Q13 to USD 49.67 million, while EBITDA increased 40.3% to USD 8.32 million in the same period on the back of better performance in the quarter at TAQA Arabia, with a strong contribution from the Power Generation sector. Egyptian Refining Company (ERC) has received renewal of its comfort letter from the Government of Egypt, while overall progress on the project stood at 20.2% in September 2013 against a planned 21.9%. Meanwhile, Citadel Capital remains in non-exclusive negotiations regarding potential partnerships to build and operate Mashreq Petroleum’s storage and bunkering terminal. 
 
Transportation
The division posted aggregate revenues in 3Q13 of USD 20.87 million, a 32.8% year-on-year rise.EBITDA improved 92.0% year-on-year in 3Q13 to negative USD 0.35 million, approaching break-even on the back of better performance of Africa Railways portfolio company Rift Valley Railways (RVR), which posted its first-ever profitable quarter at the EBITDA level and clear improvements across all metrics. Nile Logistics, although recording some improvement in 3Q12, continues to account for the majority of the Transportation segment’s losses at the EBITDA level, as delays in the lifting of diesel subsidies — the macro theme backing this investment — offset the improved performance of Nile Barges (South Sudan) and revenues from stevedoring operations.
 
Agrifoods
The Agrifoods division saw a 15.5% year-on-year rise in aggregate revenues in 3Q13 to USD 40.05 million,while EBITDA swung to a positive USD 1.35 million on the back of continued progress at Gozour (Egypt) and lower losses at Wafra (newly operational greenfield in Sudan and South Sudan). This came despite the impact of a nationwide curfew in Egypt during August and September that impacted production and logistics while sharply curtailing traditional peak shopping hours. 
 
Mining
In the third quarter, Mining division platform company ASCOM reported a 6.1% dip in consolidated revenue to USD 17.50 million, while EBITDA came in at negative USD 1.22 million, down from a positive USD 0.39 million in 3Q12. The sharp drop in profitability was primarily due to losses in the quarry management operations in the UAE and Sudan. 
 
Cement
Cement and Construction sector revenues rose 23.3% year-on-year to USD 69.51 million from USD 56.38 in 3Q12, as the Cement division (distinct from the Construction arm) has recovered from record low revenues in 3Q12. Aggregate cement sector revenues were down 10.3% from 2Q13 on slower construction activity in Egypt and shortages in heavy fuel oil in Sudan, which affected production and sales at Takamol Cement. Aggregate EBITDA for the sector as a whole (Cement and Construction together) rose from negative USD 3.63 million in 3Q12 to positive USD 1.93 million in 3Q13, mainly as a result of improved performance at the Construction division. 
 
Principal Investments
Citadel Capital principal investments from its own balance sheet were stable at US$ 1,136.8 million (EGP 6,966.1 million) in 3Q13.
 
Full financial statements and management’s analysis of the performance of operational core platform companies as well as the firm’s standalone and consolidated financial results are available for download at ir.citadelcapital.com.
 
Citadel Capital (CCAP.CA on the Egyptian Stock Exchange) is the leading investment company in Africa and Middle East. Citadel Capital controls investments of US$ 9.5 billion and focuses on 5 core industries: Energy, Transportation, Agrifoods, Mining, and Cement. For more information, please visit citadelcapital.com.