Last fiscal, the State was hit by lower revenue collections due to the impact from the first wave of COVID-19 on the one hand, and increasing expenditure to tackle the pandemic on the other
New licensing regime will not affect mobile money - telecoms
Thursday May 27 2021
The Bank of Uganda has issued a license to Airtel Mobile Commerce Uganda Limited and MTN Mobile Money Uganda Limited to conduct various payments through the telecommunication based channels
Summary
Speaking in an interview yesterday, Mr Stephen Mutana, the MTN head of mobile financial services, said the split of mobile money from telecom operations will not affect agent and customer operations in anyway.
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Speaking in an interview yesterday, Mr Stephen Mutana, the MTN head of mobile financial services, said the split of mobile money from telecom operations will not affect agent and customer operations in anyway.
The company said that because the coronavirus has forced more people to work from home and altered their leisure habits, this has removed an historical barrier to many people adopting pets.
Real Estate Startup Homeward Raises $371 Million, Landing Valuation Above $800 Million
Homeward
Real estate financing startup Homeward completed a $371 Million Series B round that values the three-year-old business at more than $800 million. The round, which included $136 million of equity funding and $235 million in debt financing, comes as continued demand for housing has led to a boom in all-cash offers.
Similar to i-buying firm Opendoor, the startups Ribbon and Accept.inc and a host of other new companies, Homeward provides cash to buyers so they can submit the most competitive possible offers, or buy a new property prior to selling their existing home.