{UAH} KENYA HAS A LAW REGULATING MOBILE MONEY , WHY NOT UGANDA?

MOBILE MONEY REGULATION OVER DUE

Members of Parliamentary Committee on ICT wants a law regulating mobile money operation.

We should be grateful to the then Minister of State for ICT, now Ambassador Alintuma Nsmabu for importing the idea to Uganda which was under experiment with MTN, Air Tel Money and UTL M Sente. But it is over 10 years with a law regulating it. Ministry of Finance, Planning and Investments and Bank of Uganda should take responsibility.

Some commercial banks, after realizing that they were losing customers, have also gone mobile money.

The MPs should be commended for a right move though late. The ICT and National Guidance ministry and Uganda Communications Commission should also be put on board.

KENYA HAS A LAW REGULATING MOBILE MONEY TRANSACTIONS . WHY NOT UGANDA?

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