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Wave Mobile Money to wave off more than 80% of staff in a second wave of layoffs

by Muhereza Kyamutetera
A photo of mobile money agent showing logos of Wave, MTN Mobile Money and Airtel Money. It appears Wave's low-pricing and agent pre-financing market entry strategy is draining more money than it can bring in!

Hardly 6 months after laying off some 300 people in June 2022, Wave Mobile Money Uganda Limited is set to lay off more people, CEO East Africa Magazine can exclusively…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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