Ghosts of privatisation haunt Uganda 30 years later monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
Mobile money agents grow by nearly 50,000 in two years monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
Mobile money has been one of the biggest drivers of cashless transactions and financial inclusion in the country attributed to increased mobile penetration.
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Egos, unfair trade shake EAC as DR Congo eyes entry Frederic Musisi Once upon a time, the East African Community (EAC), a six-member regional bloc of Uganda, Kenya, Tanzania, Burundi, Rwanda and South Sudan – admitted in 2016 – was both vibrant and buoyant. Not just to keen observers, but anyone could tell it had a sense of purpose. What exactly happened is a long story. But it began with Uganda, Kenya and Rwanda forming a loose association, which has since fizzled out, within the bloc. Along came a series of happenings, including trade wars and political disagreements, partly exacerbated by egos between Uganda and Rwanda, Rwanda and Burundi, and now Kenya and Somalia, which is also seeking entry into the bloc. Then the endless trade wars. It became monotonous to follow and the bloc became a floating object. Some members started defaulting on their financial commitments and the secretariat soon ran of cash to run operations. The 2019/2020 financial year