Old Mutual, Airtel launch insurance payment plan
In a significant move to enhance customer convenience, Old Mutual Life Assurance has partnered with Airtel Uganda to introduce a new digital payment solution through Old…
Topic
Fintech
MTN nets UGX641.5bn profit in ‘landmark year’
In what CEO Sylvia Mlinge describes as a “landmark year for MTN Uganda,” the telecommunications giant recorded significant gains across all areas of its business amidst…
MTN MOMO achieves 100% growth in mobile loans
MTN Mobile Money (MoMo) has reported outstanding growth in its digital lending portfolio, marking a 100% increase over the past 12 months.
Credit financing boosting smartphone access
As Uganda accelerates efforts towards digital integration, device financing is emerging as a critical solution to bridge the digital divide and empower more individuals…
MTN leading way to cashless economy
In many developed countries, mobile payments, e-wallets and debit/credit cards, are now the most commonly used payment methods.
MTN, Mastercard launch e-commerce platform
In another first, MTN Uganda has become the first subsidiary of the MTN Group to launch an e-commerce platform, aimed at giving Ugandans a seamless online selling and…
Relief as Gov’t sets interest rates for money lenders
In a bold move aimed at tightening the noose on unscrupulous money lenders, the Government has published Legal Instrument 21 of 2024, which caps interest rates on loans…
DTB customers to receive cash at no cost
Diamond Trust Bank Uganda (DTB) has partnered with Xpress Money, an international money transfer service, to enable customers to receive money in over 170 countries…
MTN profits top UGX460 billion in 9 months
MTN Uganda has announced a 29.6% year-on-year increase in profit after tax, totaling Shs 459.4 billion for the nine months ending September 30, 2024.
Fintech industry stimulating local economies
Uganda is embracing the digital age, and the fintech sector is growing rapidly, transforming how people access financial services. At the forefront of this change is MTN…
MTN Uganda top boss transferred to Rwanda
Somdev Sen, the MTN Uganda Chief Marketing Officer, has been transferred to MTN Rwanda where he will take on a new role as Chief Digital and Commercial Officer…
MTN hands over UGX100 million Kiteezi relief
MTN Uganda and MTN MoMo Uganda Ltd, through the MTN Uganda Foundation, have made a donation of relief items valued at UGX100 million to support 200 families affected by…
MTN half-year net profits soar to UGX295 billion
MTN Uganda has announced a net profit of UGX295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services.
New MTN’s Zimba initiative to boost small businesses
MTN MoMo has launched a new initiative designed to empower small and medium-sized enterprises (SMEs) across Uganda.
Vendors get UGX10m for using mobile money
As part of its efforts to champion financial inclusion and empower women, MTN Mobile Money, in partnership with Ericsson, has rewarded women vendors at Kalerwe Market in…
Monzer named new MTN South Sudan boss
The MTN Group has appointed Ali Monzer as Chief Executive Officer of MTN South Sudan, the country’s largest telecommunications company, effective April, 2024.
Inside MTN Uganda’s transition to a tech firm
MTN Uganda, like most telecom companies around the world, has recorded rapid transformation in its operations, customer experience and development of various products…
MTN Uganda’s open API empowering youth
As a child, Martin Tumusiime watched households and businesses frustrated with uncollected wastes in Kampala suburbs that sometimes could end up in water channels…