Uganda’s two largest telecom firms, MTN Uganda and Airtel Uganda, said they will reintroduce charges on mobile money transactions starting Tuesday, ending the zero-fee charging structure announced in March
MTN Uganda and the government are in talks that could see the National Social Security Fund taking a stake in the telecom, increasing local ownership in the country’s biggest taxpayer from the current 5%
The Overseas Private Investment Corporation, the US government development finance institution, is lending $100m to telecom company Africell Holdings Limited to expand its mobile telephone and internet services in its countries of operation
Uganda’s largest telecom MTN Uganda benefitted from a reduction in commissions paid to its mobile money agents in the first six months of this year, with an acceleration in income from digital streams driving revenue growth.
Vodafone Uganda is no more after the Vodafone Group terminated its partner market agreement in Uganda with the Afrimax Group. The two signed the contract in 2014 to offer voice and data products and services using the ‘Vodafone Uganda’ brand