Bakertilly

Technology, Software and Media

Technology, Media and Telecom Industry in Uganda

The Technology, Media, and Telecommunications (TMT) industry in Uganda is one of the fastest-growing sectors, driving digital transformation, innovation, and connectivity across the country. Fueled by a young population, rising mobile penetration, and government investment in ICT infrastructure, the industry continues to play a pivotal role in shaping Uganda’s economic and social landscape.

Telecommunications:

Telecom services form the backbone of Uganda’s digital economy. With several operators, including MTN, Airtel, and Uganda Telecom, the country has seen exponential growth in mobile connectivity. Mobile penetration exceeds 70%, and mobile money services have revolutionized financial inclusion, enabling millions of Ugandans to access banking, payments, and remittance services conveniently. The rollout of 4G networks and ongoing preparations for 5G adoption promise to further boost internet speeds, digital services, and e-commerce. However, challenges such as high data costs and limited rural coverage remain areas of concern.

Technology:

Uganda’s technology sector is vibrant, with innovation hubs, startups, and ICT-driven enterprises emerging across the country. Kampala has become a hub for fintech, e-commerce, e-health, and agritech solutions that address local challenges while creating employment opportunities. Government initiatives, such as the Digital Uganda Vision and National ICT Policy, aim to enhance digital literacy, promote e-governance, and position ICT as a key driver of development. Partnerships with international tech firms and donor-funded projects further support the growth of Uganda’s digital ecosystem.

Media:

Uganda’s media industry is dynamic and diverse, spanning print, radio, television, and digital platforms. Radio remains the most widely consumed medium, particularly in rural areas, while television and digital media are gaining ground among urban populations. The rise of social media platforms such as Facebook, Twitter, and TikTok has transformed communication and information dissemination, offering new opportunities for businesses, influencers, and civil society. However, issues such as press freedom, regulatory oversight, and digital taxation present both challenges and debates within the sector.

Outlook:

The TMT industry in Uganda is poised for continued growth, underpinned by advancements in mobile technology, increasing internet adoption, and rising demand for digital content. With strategic investment in infrastructure, regulatory reforms, and a supportive environment for startups, the sector holds immense potential to drive innovation, enhance service delivery, and position Uganda as a competitive player in the regional digital economy.

Starring strategies for entertainment success

The entertainment industry is constantly being tested by the rapidly evolving demands of the digital era. Facing these market challenges by taking advantage of new growth opportunities requires a unique business strategy supported by a full suite of services.

With a dedicated team that has served the media, film and television industries for more than a decade, our experts can provide the advice you need to succeed in this complex market.

Solutions unique to you

Our professionals offer customized guidance regarding production financing, government incentive programs and certification, production audits and reviews, tax credit consulting as well as a complete range of accounting services.

We have a well-established track record of providing advisory services to clients throughout the media, film and television industries, working closely with producers, writers, directors and distribution companies to ensure back-office needs are fully serviced and tax credits are maximized.

Our services include:

  • Tax credit consulting
  • Business guidance
  • Tax and restructuring support

Speak to one of our experts