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BankingFeaturedNews

Telecoms Count Losses As High Value Customers Withdraw Money Via Agency Banking

Telecommunication companies and Mobile Money agents are increasingly witnessing a reduction in Mobile Money transactions as high value customers opt for agency banking. This has been revealed by Uganda Revenue Authority (URA) Commissioner General, Doris Akol, who says this development has also affected revenue collection. “Levy on mobile money contributed

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BankingFeaturedNews

UBA, USAID Sign MoU To Advance Two-way Trade AND Investment Goals To Prosper Africa

The United States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.    This partnership ensures businesses are equipped with the technical and financial tools

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