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What Ugandans are doing to survive harsh economy observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
What Ugandans are doing to survive harsh economy observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
Daily Monitor Tuesday June 01 2021 Summary Standalone business. E-commerce platforms of Airtel Uganda and MTN Uganda have automatically become standalone businesses from their parent companies –the telecoms, a move that is likely to drive partnerships among payment service providers. Advertisement Is it a good move, or a risky one? Whose business is it going to impact mostly? Is it the savers, banks or telecoms that have been managing mobile money services? These are the lingering questions in the corridors, sparked off by the recent pronouncement by Bank of Uganda (BoU) Governor Emmanuel Tumusiime Mutebile that the Central Bank had commenced licensing of payment system operators, payment service providers and issuers of payment instruments. ....
Financial Services | Mobile Money Separated From Telecom Operations | Enactment Of National Payment System ACT 2020 ugandandiasporanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ugandandiasporanews.com Daily Mail and Mail on Sunday newspapers.
Daily Monitor Monday May 24 2021 Telecoms will now be required to register new businesses under which mobile money shall be operated. PHOTO | FILE Summary The licences, which were issued at the weekend by the National Payment System department at Bank of Uganda, will seek to ensure overall effectiveness and integrity of payment systems in the country, including mobile money. Advertisement Mobile money has been split as a standalone business which, going forward, will be regulated by Bank of Uganda as a financial service. The move, which effectively takes mobile money away from telecom service operations, regulated by Uganda Communications Commission, has now been implemented with the issuance of financial services operator licences to Airtel Money, which will trade as Airtel Mobile Commerce Uganda and MTN, which has placed its mobile money business under MTN Mobile Money Uganda. ....