February 28, 2024

Common Card Payments Myths and Misconceptions by Ugandans Debunked

The landscape of financial payments in Uganda is rapidly evolving as consumers increasingly prioritize convenience and speed in their payment methods. The surge in demand for digital payment services reflects this trend, with mobile money transactions experiencing a notable 7.7 percent increase in volume and a 2.9 percent uptick in value, soaring to UGX 62.2 trillion in the quarter ending December 2023. In contrast, the value of debit card transactions remains relatively modest with an increase from UGX 532 billion to UGX 58 billion within the same period.
August 23, 2023

Uganda Telecom rebrands to UTel

Uganda Telecom, now known as UTel, has unveiled its fresh new identity as a subsidiary of the Uganda Telecommunications Corporation Limited (UTCL), under the ownership of […]
August 9, 2023

MTN Uganda demonstrates the strength of its 5G network

In the heatwave of 5G network, MTN Uganda hosted a 5G experience event at the Uganda Communications Commission headquarters last week. The new dawn of internet […]
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