Mobile Money Archives

Bank of Uganda Governor, Dr. Michael Atingi-Ego

BoU Governor urges escalation of mobile money fraud complaints as Airtel Money defends platform safety

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 dissatisfied, escalate

August 14, 2025

The Big Story

From Celtel to 40 Million Lines: The Rise of Uganda’s Trillion-Shilling Telecom Empire Over Three Decades

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, or corporate

August 2, 2025

Technology & Innovation·The Big Story

Billions Sent Home, But to Whose Benefit? The Remittance Riddle Facing Ugandan Banks

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 Uganda figures,

August 1, 2025

The Big Story

MTN Uganda CEO, Sylvia Mulinge has had an impressive performance over the last three years

CEO Scorecard: Three Years of Mulinge at MTN Uganda – Redefining Growth Through Fintech and Voice Comeback?

When Sylvia Mulinge stepped into the CEO role at MTN Uganda in October 2022, the air crackled with expectation and a fair dose of apprehension. It wasn’t just another leadership change. It

June 30, 2025

Technology & Innovation·The Big Story

A photo collage of MTN Group CEO, Ralph Mupita, MTN Uganda CEO, Sylvia Mulinge, MTN Mobile Money CEO, Richard Yego, MTN Company Secretary, Enid Edroma and MTN CFO, Andrew Bugembe.

MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial services footprint

June 11, 2025

The Big Story

MTN Group top executives_ Sylvia Mulinge, MTN Uganda CEO and Ralph Mupita, MTN Group CEO.

CONFIRMED: MTN to complete separation of Fintech unit from listed business before June

MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which MTN Group

March 18, 2025

Global News·News & Analysis·The Big Story

Nancy Ocitti Acayo - Regional Manger, Northern Uganda, dfcu Bank

How dfcu Bank is driving Financial Inclusion and Economic Empowerment in Northern Uganda

Northern Uganda’s economic landscape, driven largely by agriculture, has presented unique challenges and opportunities for financial inclusion. dfcu Bank has taken strategic steps to adapt its services and empower communities, with a

November 29, 2024

Company News

Bank of Uganda's annual report for FY 2022/2023 shows that the economy grew by 5.3%

10 Key Issues from the BOU Annual Report: Each board member is paid retainer of UGX 5 million per month!

Bank of Uganda recently released its annual report for 2022/2023. The report highlights the central bank’s performance in relation to its major obligation as the guardian of country’s economy. It also sheds

November 14, 2023

News & Analysis·Politics & Goverment

Uganda Received USD 1.3bn in Remittances from its Diaspora in 2022 According to the World Bank.

In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and make Uganda

September 28, 2023

Banking & Financial Services·Business & Markets·East Africa·Entrepreneurship·Global News·News & Analysis

Wave Mobile Money Named in Y Combinator’s Inaugural 2023 Top Companies by Revenue List.

Mobile Money challenger startup, Wave, has been listed by the famed Silicon Valley accelerator program, Y Combinator in its inaugural Top Companies List by Revenue. The list was shedding light on the

July 3, 2023

Business & Markets·Technology & Innovation

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