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Tag Archives: MTN Uganda

MTN Uganda plans mobile money spin-off

Kampala, Uganda | THE INDEPENDENT | MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets. In a regulatory filing last week, the company said it “intends to …

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Bank of Uganda applauds innovation in mobile lending

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has hailed the innovative mobile and online lending products introduced by financial institutions, noting their significant contribution to financial deepening and inclusion. This innovation began in 2016 when NCBA Bank—then operating as Commercial Bank of Africa—partnered with MTN Uganda to launch …

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