MORE

    UCC blocks Orange Uganda sale

    orange uganda innovators
    Orange CEO talks to developers

    Uganda’s telecommunication regulator, UCC early this month halted the sale of Majority shareholding in Orange Uganda to Africell holdings. This a sharp U -turn after the same commission okay-ed the sale in August this year. UCC’s latest move comes as no surprise. This comes after the former employees of Orange Uganda sued the company through the legal services of M/S OWEN MURANGINRA & CO Advocates to recover their benefits as stated in their appointment letters from Orange Uganda before the sale if affected. This led to the halt of the sale by the judge at the High Court of Uganda.

    - Advertisement -

    In a copy of the letter we received from a source at the commission, that was written on 7th October 2014 , copied to both Orange and Africell Holdings, and signed off by the Acting executive director Jonas Bantulaki the regulator wrote;

    [signoff predefined=”Movie Review Signoff” icon=”icon-pencil”] TRANSFER OF LICENSE FROM ORANGE UGANDA LIMITED – MISCELLANEOUS APPLICATION NO. 475 OF 2014

    - Advertisement -

    Reference is made to the above subject. The Commission is in receipt of an Order of the High Court of Uganda -Civil Division in the matter of Livingstone Mukwaya and Khalid Isaac Mussige Versus Orange Uganda Limited (Misc. Application No 475 of 2014) attached hereto.

    In light of this order, the Commission would like to inform you that it has halted the transfer to majority shareholdings in Orange Uganda to Africell Holding SAL.[/signoff]

    This clearly means that Orange is still around as any plans to sale it off will not occur until further notice. In May this year Orange signed a memorandum of understanding with Africell Holding for the sale of its majority stake in Orange Uganda.

    - Advertisement -

    IN THIS STORY STREAM

    Farooq Gessa Mousal
    Farooq Gessa Mousal
    Techjaja: CTO

    Fresh Tech

    Chil AI secures USD 310K for Global Tele-Oncology e-camps

    Ugandan health tech pioneer Chil Group has officially launched...

    Full List of Digital Impact Awards Africa 2025 Winners

    The digital innovation scene in Africa just got a...

    Airtel Money, Juba Express partner for affordable cross-border transfers

    Airtel Money has inked a game-changing partnership with Juba...

    Airtel Africa and Nokia Team Up to Build Massive Fiber Network for Uganda and East Africa

    Airtel Africa has partnered with Nokia to construct a...

    Morocco’s Yalla app to offer free e-Visas for AFCON 2025 fans

    Morocco has launched free electronic visas (e-visas) exclusively for...
    - Advertisment -

    Discover more from Techjaja

    Subscribe now to keep reading and get access to the full archive.

    Continue reading