Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024. Details contained in the…
Ahead of the fintech’s 3rd anniversary, CEO East Africa Magazine’s Executive Editor, Muhereza Kyamutetera, spoke to Richard Yego as well as Jemima Kariuki-Njuguna, the Chief Product Officer; Stephen Mutana, the…
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“I don’t think we have dug into the space of bankers or the space of banking. We have just discovered a need that is not being met by conventional banks,”…
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Uganda Securities Exchange’s (USE) Securities Depository USE SCD has today launched a digital Securities Central Depository (SCD) account opening platform in partnership with MTN Mobile Money in a bid to…
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MTN Group Ltd. values its mobile money arm at about US$5 billion (UGX18 trillion) and will consider a listing of the division, joining African wireless carriers trying to monetize a…
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MTN Uganda has introduced Mobile Money person to person transactions within the ayoba App, a feature that will enable customers to send money to each other in-app, while chatting, without…
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MTN Uganda has come out to clarify on a security breach by Pegasus Technologies Ltd, an aggregator, in which it is feared billions of customers’ money was stolen.The telecom’s Chief…
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Unidentified hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off…
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