Banking & Insurance

ABSA Bank unveils its first Digital banking branch in Uganda

The new Digital bank is located at the Jubilee insurance building along Parliament avenue in Kampala and is home to full self-service transaction machines that cater for each and every user in the queue without a Teller thread at the branch

Mobile money tax: How it’s calculated and charges you need to know

currently, To send or receive cash using mobile money as a must you have to check-in to a taxed cyber block. While Government decided to slash off one slice of the half cake. The mobile money tax equation is known to many but understood by less as it may seem tricky in the first place. Even though, the main proposition lies between Sending an receiving money on your mobile phone, Paying for goods & services is also affected in a conical yard as we tried to search the Tax forest a little deeper than its front facing side.

aYo Uganda Celebrates, one million insured customers

aYo Uganda has hit one million customers in less than 2 years of existence in Uganda. With a joint venture between MTN and MMI Holdings, aYo was formulated to have a strong focus on delivering micro-insurance solutions across the African continent. While addressing the media at kati- kati Restaurant, the Chief Executive Officer aYo Uganda, Edwin Kwesiga, noted that this milestone cements the fact that aYo is the fastest growing micro- insurance company in the country today.

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