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 …
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Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Fight over Shs44 trillion mobile money: Telecoms protest State House move to monitor business. THE LAST WORD The problem with Africa: If our countries remain poor, it’s because its leaders and elites are too …
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MTN strikes deal with NSSF, backs formulation of mobile money law Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has added the mobile money platform as an option for Ugandans to make their contributions. “We are making saving easier for Ugandans and more convenient on their phones,” said NSSF …
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Kampala,Uganda | THE INDEPENDENT | MTN Uganda has unveiled Mobile Money Month aimed at creating a platform to gather feedback from customers, resolve customer issues, carryout product education and reward customers across various touch points. The MTN Mobile Money service has been in operation for the last eight years and now …
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The latest threat to commercial banking? At the end of November 2016, the Uganda Revenue Authority’s staff Savings and Credit Cooperative (SACCO) held up to Shs12.6 billion on its account as the cumulative savings of its members.That amount is triple the minimum capital requirement to start a Tier II bank …
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Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …
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Uganda has been classified as one of those countries with a low saving culture. However, a new study on Mobile Money and Individual Savings in Uganda carries some optimism. In Musa Mayanja Lwanga and Annet Adong’s paper; “A Pathway to Financial Inclusion”, mobile money could affect people’s attitudes towards saving. …
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By Haggai Matsiko and Ian Katusiime Accusers explain how MTN created Shs23 billion `fake’ money Museveni’s PGB guarding witnesses Mobile money services in Uganda are coming under scrutiny and what is emerging is troubling. At the centre of the saga in which President Yoweri Museveni is personally involved, is Uganda’s …
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