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 intro...
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“withdrawals”
Gov’t Refuses to Reduce Tax on Mobile Money
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of d...
Govt Abandons Plan to Tax all Cash Withdrawal
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, an...
PL told to ban ten Arsenal stars under ‘new rule’ with rage-bait presented as genuine disdain
Gabby Agbonlahor has expressed his apparent disdain for Arsenal besmirching the integrity of the game, but he actually doesn’t care about that.Arsenal can no longe...
Mounting Arsenal withdrawals should force FIFA to rethink international breaks
After Martin Zubimendi's withdrawal from the Spain squad, a total of 11 Arsenal players have now either pulled out of international duty or left their national teams' tra...
All Cash Withdrawals Now to be Taxed:
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and fin...
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...
UTB BANK BOSS ON THE SPOT AS CLOSE TO UGX 70M VANISHES IN 5 MINUTES – Customer Demands Refund, Accuses Executive Director of Shielding Fraudsters
A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, a...
dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government...
Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following stat...