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Mobile money separated from telecom operations

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.
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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. ....

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Women Directors Conclave 2021: A unique initiative by Mentor My Board

Women Directors Conclave 2021: A unique initiative by Mentor My Board
Women Directors Conclave 2021: A unique initiative by Mentor My Board
MentorMyBoard (MMB), an emerging Board training and governance company is on a mission to groom more than 20,000 women professionals and is aggressively working towards bringing more women into leadership roles by empowering them with right skillsets required for board positions. By 2027, MMB aims to get at least one lakh directors board ready and help Indian boardrooms to emerge as best boardrooms with great board practices. At present, MMB is offering a virtual platform that prepares Directors through mentoring, handholding and offering them network opportunities with like minded directors and making them ready towards ethical leadership, robust governance practices, borderless compliance and insights that in turn make competitive Boards potentially prevalent ....

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'Zindagi ke baad bhi': COVID and the Worries about Transmission and Succession

13
COVID’s virulent second wave has had a horrific impact on ‘people like us’ who believed that our social standing, savings and insurance would get us adequate healthcare and protection in a crisis.

The virus has shown us the deadly reality. Entire families have been wiped out; young kids had to grow up overnight and take charge of homes and finances.

I read one tragic tweet which said just two members of a joint family of 20 have survived the virus!

For many, it is a wake-up call to organise one’s finances and provide for the family during emergencies. While doing so, we stumble upon the glaring absence of definitions and standard operating procedures (SOPs) which are a tedious irritant in ordinary times but traumatic in a pandemic. ....

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Would You Like a Bag (Ban) with That?

Would You Like a Bag (Ban) with That?
China, which threw global plastic recycling markets into disarray in 2018 with its Green Sword policy banning plastic waste imports, has been ratcheting up domestic regulations to reign in single-use plastics. In January of 2020, China’s National Reform Development Commission announced a stringent policy for a nationwide plastic bag ban by 2022. China is not alone. Bans and taxes on plastic bags are spreading around the globe and they might soon come to your neighborhood, if they haven’t already.
A few decades ago they did not exist at all, but now plastic bags sit at the register of seemingly every store in the world. Their proliferation is easy to understand, plastic bags are very resilient and inexpensive for consumers. These qualities also make them an environmental menace. In the Ocean Conservancy’s annual International Coastal Cleanups plastic bags have consistently ranked in the top ten of most commonly found types of pl ....

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Əmlak Məsələləri Dövlət Xidmətinə rəis təyin edilib

Əmlak Məsələləri Dövlət Xidmətinə rəis təyin edilib
news.day.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.day.az Daily Mail and Mail on Sunday newspapers.

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