Tag Archives: Mobile Money

Kampala, Uganda | THE INDEPENDENT | Mobile money transactions hit the Shillings 7.2 trillion in March 2020 from Shillings 3.4 trillion in 2016. The Finance Minister Matia Kasaija disclosed this while presenting the 2020/2021 financial year budget estimates to parliament. He explained that the Information, Communication and Technology (ICT) sector …

Katakwi, Uganda | THE INDEPENDENT | Beneficiaries of the Social Assistance Grants for Empowerment-SAGE in Katakwi district want the government to reconsider paying them through mobile money platforms. Through the Social Assistance Grants for Empowerment, the government pays senior citizens above 65-years of age a monthly stipend of 25,000 Shillings. …

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda does not have a comprehensive payment system law. As a result, there is limited regulation and oversight of payment systems and …

Kampala, Uganda | THE INDEPENDENT | Lira Catholic Diocese has resolved to collect offertory from Christians through mobile money. The move follows the Presidential directive banning church services alongside other public gatherings which attracts a large crowd. Rt. Rev. Sanctus Lino Wanok, the Ordinary Bishop of the Diocese advised the Christians …

Kampala, Uganda | THE INDEPENDENT | Members of the Finance Committee of Parliament have asked Telecom companies to give MPs special consideration by increasing the daily mobile money transaction limit from the current 7 million to 20 million Shillings. The MPs presented the proposal when managers of MTN, Airtel and Uganda …

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 …