Day: May 25, 2021

For the first time mobile money transactions crossed the one billion mark. With this, they surpassed the shs954 million recorded in the 2020 third quarter that has been the highest. This information was released in the Uganda Communications Commission Market Performance report for the fourth quarter that ended December 2020.  This performance translates into 15 transactions monthly per every active mobile…

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The Financial Intelligence Authority (FIA) has come out to request the Ministry of Finance to come up with a structure in which crypto currency performance can be managed. Mr Sydney Asubo the FIA executive director said this while speaking to a group of non profit organisations and non governmental organizations over the weekend. He said they have been asking crypto…

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