0
Wireless

Uganda's mobile money volumes to rise to UGX 871 bln by December after cut in tax

Tuesday 20 November 2018 | 11:30 CET | News
Uganda's telecom operators expect increased mobile money activity, with transaction volumes projected to reach about UGX 871 billion before the close of the year, reports The Monitor. This follows the reduction in the mobile money tax from 1 percent to 0.5 percent. 

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.

Subscriptions

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
Companies: MTN Uganda
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.


Related

Ugandan central bank to take over mobile money regulation

Published 26 Apr 2019 11:02 CET | Uganda
The government is drafting a law to transfer regulation of mobile moneyto the Bank of Uganda (BoU), the Monitor reported. BoU ...

MTN Uganda raises mobile money charges

Published 11 Apr 2019 11:51 CET | Uganda
MTN Uganda has increased mobile money charges between 5 and 10 percent, affecting transactions on cash withdrawal, making ...

Ugandan telecom operators pay UGX 951 bln in taxes in 2017/18

Published 11 Mar 2019 10:21 CET | Uganda
Uganda's telecommunications sector paid in excess of UGX 951 billion in taxes for the 2017/18 financial year, The Monitor ...

Ugandan mobile money tax collection overshoots target in H1 2018-19

Published 05 Feb 2019 11:23 CET | Uganda
The Uganda Revenue Authority (URA) collected UGX 104.75 billion in mobile money tax in the first half of the 2018/19 financial ...

MTN Uganda adds support for money transfers with UTL's M-Sente

Published 27 Dec 2018 16:54 CET | Uganda
MTN Uganda announced that its customers can now send mobile money across all networks in the country, after it completed ...

MTN Uganda opens mobile money API, launches fund for start-ups

Published 22 Nov 2018 13:11 CET | Uganda
MTN Uganda has granted third parties access to its Mobile Money Access Programming Interface (API). Developers can now create ...

Airtel Uganda implements 0.5% mobile money tax

Published 19 Nov 2018 11:09 CET | Uganda
Airtel Uganda has announced and implemented a reduction in the mobile money tax from 1 percent to 0.5 percent, only applicable to ...

MTN Uganda implements reduced mobile money tax

Published 19 Nov 2018 11:06 CET | Uganda
MTN Uganda has implemented the tax revision for mobile money transactions, which lowered it from 1 percent to 0.5 percent on ...

Ugandan president signs social media, mobile money tax amendment bill into law

Published 08 Nov 2018 09:19 CET | Uganda
Ugandan President Yoweri Museveni has signed into law an excise duty amendment bill concerning mobile money tax and the daily ...

Ugandan government drops some mobile money taxes

Published 19 Jul 2018 10:24 CET | Uganda
Ugandan President Yoweri Museveni's government has agreed to drop three of four levies it had imposed on mobile money ...





Calendar   /   Industry Events

16 Jul Telekom Austria Q2 2019
16 Jul Telenor Q2 2019
16 Jul America Movil Q2 2019
17 Jul Crown Castle Q2 2019
17 Jul Limelight Networks Q2 2019
17 Jul Netflix Q2 2019
17 Jul Ericsson Q2 2019
17 Jul Wipro fiscal Q1
17 Jul Tele2 Q2 2019
17 Jul Infinera investor webcast
17 Jul Fiber Optic Expo
18 Jul Nordic Entertainment (NENT) Q2 2019
18 Jul Microsoft fiscal Q4
18 Jul Millicom Q2 2019
18 Jul CrowdStrike fiscal Q1
18 Jul Telia Q2 2019
19 Jul DNA Q2 2019
22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul Vodafone AGM
::: More Calendar Items