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Mobile money dominates formal sector financial inclusion, limitations and all
Financial inclusion is low in Uganda because banks find it costly and unprofitable to extend services to rural areas. But even in urban areas, their services are expensive. Mobile money is the only financial service that has bucked those trends
July 2, 2018
Digital Economy
Politics & Policy
Telecoms start collecting social media and mobile money taxes
The new measures, which went into effect on Sunday, include a 1% charge on every mobile money transaction and a Shs200 daily levy for the use of social media
July 1, 2018
Digital Economy
Ride-hailing apps: Will tech solve our transport issues or will the issues break the new companies?
Movement in Kampala otherwise is too expensive with no set price regulation for trips, too disorganised and too slow. But do these companies need more app features to stay relevant and become profitable or are they doomed by the city?
June 20, 2018
Digital Economy
Safaricom’s Little Cab launches into Uganda market
Little Cab, the Safaricom-backed ride-hailing company, officially launched in Kampala on Thursday. It is one of the latest cab-hailing apps in the Uganda market
May 25, 2018
Digital Economy
Bank of Uganda governor remarks at Africa Blockchain Conference
Remarks by Prof. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda At the Africa Blockchain Conference Serena Hotel, Kampala May 23, 2018 ...
May 24, 2018
Digital Economy
Opinion
The uneasy relationship between online betting and mobile money
Supporters of mobile-based sports betting in Africa will tell list off a number of gambling benefits including increased employment opportunities, easy money for low-income earners, tax revenue for government, and general economic growth.
April 30, 2018
Companies
Corporate earnings and results
Digital Economy
Markets
Stanbic’s digital push helps drive profit rise in 2017
Stanbic Bank Uganda touted the success of its digitisation strategy on Wednesday as operating costs fell 3.2% in 2017 compared to a 17.4% rise in the previous year
March 28, 2018
Digital Economy
Economy
Politics & Policy
High lending costs to informal sector keeping credit costs up – Kasekende
Standard Chartered's socio-economic impact report estimates that its lending supported value-added of 3.5% of GDP and almost half a million jobs in 2016
March 21, 2018
Companies
Digital Economy
UCC bans vending of airtime, simcards
The telecommunications regulator, Uganda Communications Commission (UCC), has outlawed vending of airtime and simcards on streets and other unlicensed locations across the country
March 9, 2018
Companies
Digital Economy
URA, Stanbic Bank launch online tax payment platform
Uganda Revenue Authority and Stanbic Bank launched an online platform on Monday that makes it possible for taxpayers to make payments using bank cards and mobile money
February 6, 2018
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