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 …
Read More »How Mobile Money Increases Likelihood of Saving In Uganda
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. …
Read More »Inside MTN mobile money saga
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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The Independent Uganda: You get the Truth we Pay the Price