Police detectives who conducted a search at the suspect’s home recovered six phones, eight sim cards and a counter book in which Ssentamu is believed to have been recording phone contacts alongside other particulars of his potential victims.
The number of mobile money transactions between person and person grew by three quarters from 571.303 billion recorded in the 12 months ending April 2019, to 1 trillion transactions in the 12 months ending April 2020.
"The customer deposits are safe, secure and kept in reputable commercial banks with the same level of protection as other bank accounts. AMC Uganda and the Commercial Banks holding the customers' funds are licensed, regulated and supervised by the Bank of Uganda," says Airtel's Manoj.
While cargo trucks, pickups and motorcycles were given a green light to easily proceed, occupants of private vehicles and pedestrians who were not in the category of essential workers were tasked to adduce movement permits.
The government had anticipated that the tax on social media use officially called the Over the Top Tax or OTT, would raise to 400 billion Shillings in revenues per annum, while mobile money tax would raise 246 billion Shillings. Then, the government said that the money from the internet users would be used to expand and improve the quality of services countrywide.
Male, who is living a simple life at his home in Kawempe, says he has for some time been trying to expose fraudulent preachers who claim to have supernatural powers to offer financial blessings, physical well-being and healing among their flock in exchange for material benefits in vain.
In his statement about the outbreak dated March 20th, Bishop Kisembo notes that due to the presidential directive to close all places of worship, it is paramount that religious leaders virtually remain in contact with the Christians for comfort and spiritual guidance.
Makerere University Business School-MUBS Economics Lecturer and Policy Analyst, Ramathan Ggoobi says the Coronavirus (COVID-19), which has since been declared a pandemic is economically contagious and has attacked all sectors of the economy at all fronts.
Nyombi explained that mobile money agents face a number of challenges including increased insecurity in the form of kidnaps, robberies and illegal transfer of cash from their accounts. The association has over 180,000 agents across the East African region.
However, Nyombi says that the association has tried to engage the managers of the telecom companies in vain.
According to preliminary reports recorded at Kibiri Police post, Sserunkuma was reported to have been mobbed to death by a mob on suspicion that he was part of the gangs that were terrorizing the area.
The thugs shot at Matovu three times and managed to hit him on the left thigh and arm. Matovu told URN on his hospital bed at Mulago hospital that the robbers trailed him from his workplace in the trading center and wanted to rob him at a dark spot where CCTV cameras don’t cover.
A copy of the Bill seen by URN shows that it also provides for the licensing criteria, procedure and the regulatory power of the Central Bank concerning imposition of norms, standards on operators of payment systems and the powers to obtain information and take enforcement actions to ensure compliance.
For the past years, the district headquarters had been turned into a market due to the high number of vendors, who camped adjacent to lands and education departments. Some had constructed makeshifts and kiosks yet while others sold their products in the parking yard.
Eastern region had the highest number of people getting the solar products on credit. They are followed by the north. Central region had the highest number of people paying by cash followed by Western Uganda – an indicator people living in these regions have more disposal income.
They are Private Dennis Mangusho, formerly attached to the 63 Battalion, Lance Corporal Edward Mubbale, formerly attached to the Land Forces Headquarters, Bob Anichan, formerly attached to Uganda Military Academy Kabamba.