The latest market performance report (January 2020) released by Uganda Communications Commission indicates that mobile subscriptions in Uganda stood at 26.7 million in December 2019, a 3% jump from 25.7 million subscriptions four months earlier.
The Uganda Communications Commission (UCC) has vowed to crack whip of all new forms of fraud that have emerged during the Covid 19 lockdown in Uganda.
325,000 new mobile money accounts were registered in the last quarter of 2020, bringing the total to 28 million, up from 27.7 million accounts at the end of September 2020, the latest communications market performance report shows.
The mobile money market in Ugan
By Max Patrick Ocaido
Bank of Uganda (BoU) has released its 2019 Annual Report showing a decline in value of mobile money transactions and active subscribers.