Tag Archives: Mobile Money

Kampala, Uganda | THE INDEPENDENT | URA boss Doris Akol says fewer rich people using mobile money has cost her tax revenue Uganda Revenue Authority has decried the shift of high value Ugandans from using mobile money services to agency banking, which has cost the country tax revenue. Doris Akol, …

Kampala, Uganda | THE INDEPENDENT  | Bob Anichan, the prime suspect in the murder of the Zanna mobile money agents has told court that he was in custody by the time the agents were shot dead. Unknown assailants riding on motorcycles shot dead Harriet Nalwadda and Moreen Nakabuubi on June …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda is considering capturing details of loan products obtained through the different mobile platforms into their Credit Reference Bureau-CRB. The different Telecoms in Uganda have steadily been reinventing the services they offer to their clients; to the extent that many of them …

  Kampala, Uganda | THE INDEPENDENT | Rural households in Northern Uganda that had access to mobile money services didn’t report a reduction in the number of meals they had in the past week when there was a food squeeze, a new study has said. Also, people who had access …

  Kampala, Uganda | THE INDEPENDENT | The Police has advised operators of mobile money to hire private security guards. The development comes in the wake of rampant mobile money attacks. Armed thugs have in the last three weeks shot, killed over seven mobile money and hardware operators in Kampala …

Kampala, Uganda | THE INDEPENDENT | Parliament is to pay the Over the Top-OTT Tax and provide monthly data bundles for each legislator. A document seen by our reporter shows that parliament will pay the monthly sh6000 for OTT alias social media tax and sh30,000 for 5GB data bundles for …

Good innovations but utilization needs to be boosted | IAN KATUSIIME | When one talks about financial inclusion in Uganda, it is always mobile money that comes into their minds first. The mobile money system is now entrenched and is even a substitute for banks. Mobile money has successfully brought …

  Mobile money to the rescue as banking sector remains too shallow to leverage financial inclusion COMMENT | ENOCK NYOREKWA TWINOBURYO | In line with statutory requirements, all banks are supposed to publish their financial statements by the end of April of each year. The published banks’ results for 2017 are …

Kampala, Uganda | THE INDEPENDENT | The proposed introduction of new taxes on mobile money transactions and social media has met stiff rejection from civil society activists. Government has proposed to introduce a 10 percent final withholding tax on commissions by telecommunication companies to mobile money and airtime agents and Shillings …

Telecoms protest State House move to monitor business Kampala, Uganda |  HAGGAI MATSIKO | A fight is raging between telecom operators on one side, and the Uganda Communications Commissions (UCC), the Uganda Police Force, and State House on the other, over moves to monitor the Shs44 trillion mobile money business. At …