Ugandan mobile money outlets fail to reach rural areas

Monday 1 April 2013 | 12:54 CET | News
Mobile money outlets in Uganda are concentrated around urban areas and roadsides, as opposed to the rural areas that are already underserved by financial services. A four-month survey by the Bill and Melinda Gates Foundation revealed that mobile money outlets are located in close proximity to commercial banks, as they need to rebalance their cash float every now and then. Karina Broens Nielsen, a programme officer with the foundation, noted that the mobile money outlets increased the geographical reach of financial services by just 3.8 percent. Another programme officer, Mireya Almazan, said

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Uganda
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Ugandan govt imposes tax on mobile money transfers

Published 14 Jun 2013 13:18 CET | Uganda
The Ugandan government is to impose a 10 percent tax on mobile money transfers operators in the country. Finance Minister Maria ...

MTN Uganda adjusts Mobile Money tariffs

Published 08 May 2013 12:19 CET | Uganda
MTN Uganda adjusted its Mobile Money tariffs slightly on 08 May for the first time since the product was launched four years ...

Ugandan mobile money transfers exceed UGX 11 trln in 2012

Published 18 Mar 2013 12:31 CET | Uganda
The amount transferred by Uganda's mobile money platforms grew by 211 percent in 2012 to UGX 11.7 trillion, the highest since the ...

UCC warns public over unlicensed telecom firm in Kampala

Published 27 Feb 2013 13:16 CET | Uganda
The Uganda Communications Commission (UCC) has warned the public against usingan unlicensed telecommunication company operating ...

Orange Uganda starts mobile money service

Published 16 Jan 2013 10:38 CET | Uganda
Orange Uganda has launched its mobile money wallet service in partnership with Pride microfinance and PostBank. CEO Philippe ...

MTN Uganda partners with Gates and Grameen Foundations

Published 02 Jan 2013 21:27 CET | Uganda
MTN Uganda has partnered with the Bill & Melinda Gates Foundation and the Grameen Foundation to provide mobile-based financial ...