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Tag Archives: Mobile Money

MTN further clarifies July 5 service disruption

  Kampala, Uganda | JULIUS BUSINGE |  “We are sorry to our customers who were affected by the service disruption that happened on Sunday.” That apology dominated a media briefing addressed by top MTN Uganda officials at the company’s headquarters in Kampala on July 7, as management sought to explain …

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MTN outage disrupts calls, internet and mobile money services

Kampala, Uganda | URN | The disruption began around midday and became more widespread from about 1 p.m., with subscribers reporting that they could neither make nor receive calls, access mobile data, nor complete Mobile Money transactions. After several hours of disruption, MTN Uganda acknowledged the outage, attributing it to …

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Uganda’s betting boom

A digital gambling revolution is swelling state revenues—but regulators fear the costs of success   NEWS ANALYSIS | JULIUS BUSINGE | Uganda’s gaming industry has become one of the country’s most striking digital-economy success stories, generating record revenues for the government as online betting, mobile money and football fandom converge …

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Gov’t refuses to reduce tax on mobile money

Kampala, Uganda | URN | Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money. The Ministry of Finance, Planning and Economic Development, declined to include the …

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MTN Uganda profit jumps to Shs 678.8bn as data, fintech drive growth

Kampala, Uganda | THE INDEPENDENT | As Uganda’s digital economy gathers pace, MTN Uganda says demand for connectivity and digital financial services continued to drive growth in 2025, underlining the expanding role telecommunications companies now play in the country’s economic life. For the year ended December 31, the telecoms operator reported …

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Africa moves to regulate digital credit

After years of rapid expansion driven by mobile money, Africa’s digital credit market is entering a regulatory phase. Governments across the continent are formalising loan apps through licensing and conduct standards to curb abuses without stalling access to credit. SPECIAL REPORT | BIRD AGENCY | Regulators are reasserting control over …

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