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Tag Archives: Mobile Money

Nakaseke residents foil robbery on mobile money shop

Nakaseke, Uganda | THE INDEPENDENT | Police in Nakaseke has arrested two men after they attempted to rob a mobile money shop. The suspects have been identified as Stuart Taremwa and the other only identified as Duncan. They attacked Viola Nakigudde in her shop on Thursday at Butikwa cell in Kiwoko …

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PostBank to disburse government COVID-19 relief funds

PostBank Uganda has been appointed to disburse the government COVID-19 relief funds to the select Ugandans heavily impacted by the pandemic Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has been appointed to disburse the government COVID-19 relief funds to the select Ugandans impacted by the pandemic and the ongoing lockdown, …

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Arua mobile money conman arrested

Arua, Uganda | THE INDEPENDENT | Police are holding a man who has been targeting mobile money operators in Arua city. Police picked up Alex Leku, a businessman from Ariwara town in DR Congo over the weekend after registering a complaint from one of his victims. It is alleged that Leku …

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BOU: Mobile money transfer will add value to money

Kampala, Uganda | THE INDEPENDENT | Mobile Money services have now been completely detached from the regulation of the Uganda Communications Commission to that of the Bank of Uganda (BOU), amidst questions and fears from the customers. Last month, the Bank of Uganda started implementing the National Payments System Act …

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Airtel Completes Airtel Money Business Transfer

    Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has announced the separation of Airtel Money from its Telecom Business. Technically, the Airtel Money Business has been transferred to Airtel’s affiliate, Airtel Mobile Commerce Uganda Limited (“AMC Uganda”). The business separation complies with a new law –  the National Payment …

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What does separation of mobile money from telecoms mean?

Kampala, Uganda | THE INDEPENDENT | Starting June 1st, Ugandans will have mobile money transactions run by companies separate from the traditional telecoms that have been operating the business. This follows the licensing of three companies to operate mobile money services in Uganda including MTN Mobile Money Uganda Ltd and Airtel Mobile …

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