As agent banking accelerates across Africa, moving trillions of shillings annually and expanding deep into trading centres, border towns, and island communities, the real challenge is no longer access. It…
MTN Uganda has bounced back from the one-off impact of a UGX 110.9 billion tax settlement with Uganda Revenue Authority (URA). The telecom reported a steady rebound in profit and…
A milestone moment for African connectivity MTN Group has cemented its position as Africa’s leading telecommunications company, officially becoming the first African-headquartered telco to surpass 300 million subscribers. The milestone…
Despite the steady rise of mobile money, fintechs, and online banking, cash continues to dominate Uganda’s payment landscape. Bank of Uganda (BoU), in its latest currency and payment systems report,…
By Annette Kiconco In November 2023, Tech Cabal, a leading ICT online news website, published a story with the headline: “USSD remains Africa’s most popular payment channel despite growing alternatives.”…
The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant…
In the modern economy, the power to transact defines the power to participate. Yet for millions of Ugandans, especially in rural communities, this power has long been out of reach. …
Bank of Uganda (BoU) Governor Michael Atingi-Ego has advised Ugandans who believe they have been defrauded through mobile money to first report the matter to their service provider and, if…
In the heart of Kampala’s busy central business district, the rhythm of modern life pulses through the fingertips of Gen Z digital influencers and their smartphones. At concerts, fashion shows,…
Every month, tens of thousands of Ugandan households receive life-sustaining remittances from family members living abroad. These funds, estimated at over USD 1.4 billion annually according to the Bank of…
