Wave Uganda Archives – CEO East Africa

A photo of mobile money agent showing logos of Wave, MTN Mobile Money and Airtel Money. It appears Wave's low-pricing and agent pre-financing market entry strategy is draining more money than it can bring in!

Wave Mobile Money to wave off more than 80% of staff in a second wave of layoffs

Hardly 6 months after laying off some 300 people in June 2022, Wave Mobile Money Uganda Limited is set to lay off more people, CEO East Africa Magazine can exclusively reveal. We

November 13, 2022

Business & Markets·The Big Story

Wave Mobile Money has however in a statement said that they are only right-sizing the business but are committed to the Ugandan market for the long haul.

Wave Mobile Money lays off 300 staff in belt-tightening wave

Wave Mobile Money Uganda Limited, one of the latest entrants in the lucrative mobile money market, has laid off 300 staff, CEO East Africa Magazine can exclusively reveal. It is yet to

June 30, 2022

Business & Markets·Company News·News & Analysis·The Big Story