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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic

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Horror on Mabira Highway: 2 Women Die as Harrier Overturned

Horror on Mabira Highway: 2 Women Die as Harrier Overturned

Tragedy struck the Mabira highway last night when a Toyota Harrier was hit from behind, overturned into water, and left two women dead while three others, including the driver, sustained serious injuries.According to Sp Butoto Hellen, spokesperson for Ssezibwa Region, the accident occurred

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Uganda rejects Kenya's request to access its fuel reserves

Uganda rejects Kenya's request to access its fuel reserves

Reports from Kenya say Nairobi had asked to tap Uganda’s petrol stocks as a temporary measure and promised to replace the fuel once delayed shipments arrived.Uganda rejected a request by Kenya to access fuel reserves held in the Kenya Pipeline Company network.The move is reported

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Why returning home is best option for Bobi Wine

Why returning home is best option for Bobi Wine

Bobi Wine will enjoy camera for a few months; then it will be business as usualCOMMENT | OBED K KATUREEBE | Robert Kyagulanyi, a.k.a. Bobi Wine, is in exile in the USA, where he is meeting some leaders, lobbying them to sanction the top leadership in Uganda. To wit, President Yoweri Museve

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Here’s why AI is Uganda’s fastest route to a $500 billion economy

Here’s why AI is Uganda’s fastest route to a $500 billion economy

It is a bold call to embrace the one laptop per child policy and digitize education to achieve Uganda’s $500 billion Gross Domestic Product (GDP) dream and accelerate East African economic integrationA HISTORIC MANDATE DEMANDS A HISTORIC RESPONSEPlease accept my warmest, most sinc

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PFF Demands end to prolonged road closures during Museveni movements

PFF Demands end to prolonged road closures during Museveni movements

PFF deputy president for the Buganda region, Dr Lulume Bayiga, said Ugandans should not accept the continued closure of major roads in Kampala during the movements of President Yoweri Museveni as normal.The opposition People’s Front for Freedom (PFF) has criticised the continued closure

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How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

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Mobile money taxes reversing digital financial inclusion in Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay

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PANIC! Insiders warn billions threshold could lock out hundreds of agents

PANIC! Insiders warn billions threshold could lock out hundreds of agents

KAMPALA: A storm is brewing inside the Uganda Revenue Authority (URA) after a controversial proposal to overhaul licensing requirements for clearing and forwarding agents sparked fears of a massive industry shake-up that could push smaller players out of business.According to an internal c

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