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May 2020 1 result
18:22
18:22

Parliament Passes Bill to Regulate Mobile Money Transactions 1

It will require mobile money service providers to get a licence from the Bank of Uganda and submit details of mobile money users to the institution. Under the approved Bill, an electronic money issuer who contravenes provisions of this Act of Parliament commits an offence and is liable on conviction, to a fine not exceeding 20 million Shillings.
May 2020 1 result