MTN Uganda and Mastercard diversify Mobile Money services in Uganda (25.09.2018)

Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.

KAMPALA, Uganda, September 25, 2018 – MTN Uganda (MTN.co.ug) in partnership with Mastercard (Mastercard.com) and United Bank for Africa (UBA) (UBAGroup.com) have announced a new service that will enable quicker, safer and more convenient online payments globally.  Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.

The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide its customers access to products and services previously a preserve of physical credit card holders while diversifying its mobile money portfolio. Additionally, the partnership will result in a wide range of cutting-edge digital payment solutions being introduced in Uganda.

“MTN MoMo is helping to connect more Ugandans to new forms of commerce,” said Wim Vanhelleputte, Chief Executive Officer, MTN Uganda. “Our affordable mobile financial services are positively impacting communities and lifestyles in Uganda. This is evidenced by the phenomenal growth in both the number of customers and volume of transactions over the years,” he added.

Like a debit card that is linked to a bank account, the MTN MoMocard is linked to a customer’s MTN MoMo account but is accessible on any type of mobile phone. All a customer has to do is dial 165*70# and follow the instructions.

The MTN MoMocard can be used on any merchant platform that accepts Mastercard – locally and globally. Consumers that travel frequently for business or leisure, or those that shop online will enjoy the convenience of the easy-to-use solution.

Ngozi Megwa, Vice President Market Development, Sub-Saharan Africa, Mastercard said, “Besides the ability to connect more consumers to a solution that enables them to pay without cash, the virtual card also supports the growth of e-commerce in Africa and supports businesses who want to appeal to a wider audience. Digital payments is shaping commerce, the backbone of any economy. We are excited about the MTN partnership and its ability to connect us with an audience hungry for innovation.”

The MTN MoMocard is powered by United Bank for Africa, which facilitates the payment transactions online, both locally and internationally.

“UBA is excited to be the bank partner with Mastercard and MTN on this milestone project that not only enhances convenience for mobile money customers but also the utility of the service. The bank recognises the role of technology in enhancing financial services delivery and welcomes future similar partnerships,” said Johnson Agoreyo, the UBA Managing Director/Chief Executive Officer.

Opinion: If Bosco and NRM have a problem with foreign interference, than stop taking their money!

Charity … is the opium of the privileged; from the good citizen who habitually drops ten kobo from his loose change and from a safe height above the bowl of the leper outside the supermarket; to the group of good citizens (like youselfs) who donate water so that some Lazarus in the slums can have a syringe boiled clean as a whistle for his jab and his sores dressed more hygienically than the rest of him; to the Band Aid stars that lit up so dramatically the dark Christmas skies of Ethiopia. While we do our good works let us not forget that the real solution lies in a world in which charity will have become unnecessary.”Chinua Achebe

At this days, the National Resistance Movement (NRM), the peddlers of information and defense of the ill-advised activities of the Ugandan Government are now attack the Foreign Donors for interfering in internal affairs in the Republic. However, what would President Yoweri Kaguta Museveni and the NRM do without the donor funds and direct government support?

As every time there is a launch of government programs and development projects, it is mostly based on foreign currency and funds, which secure the needed services of the government. That is why if a road is built, if a bridge is fixed or even possible investments into oil industry. It all defines by the need of foreign investment and donations. As without these, the government wouldn’t be able to carry it, as they are drowning in debt and lack of fiscal financial funds to actually do it. That is why either United States, European Union or China is behind the support of various development projects and direct government funds.

However, if the Republic has an issue with the criticism from the EU after the Arua By-Election. Then first do yourself a favor. Stop taking their money and their government support. As they are the ones pledging these funds and therefore, they are not wanting to help a government that hurts and kills own citizens to stay in power. That is why the EU is reacting to the open-bazaar torturing and oppressive behavior of the NRM regime. Bosco and his henchmen might be mad that this is leaking and that this hurting their pride. Nevertheless, if they have an issue with the EU, take it in the diplomatic channels and also address it as political operatives. Instead, they are attacking the EU. They should be lucky that the EU isn’t suspending their funds and stops direct support. Because we have seen what that did to Uganda, when the World Bank suspended funds to Uganda National Roads Authority and stopped building roads for a while.

Therefore, if the Ugandan Government don’t want to be transparent or questioned for their behaviors by donors or even foreign powers. Stop taking their money and use their funds for needed government services. Stop taking the donations and loans, the fiscal supply from abroad and forget that there is no free money. There will be strings with taking the money from either Multi-National Organizations, the Breton-Woods Organizations and the other Aid Agencies. All of them have a mission and policies to follow, just like the state. So if the state they operate in breaches this, they have the rights to voice it out. As this is their money and they are using them in Kampala, instead of Mogadishu or Kathmandu.

That is why the NRM and Bosco has to get real, they are not donor darlings anymore, because the reality of the acts of this government is shown to the world. Not because of Bobi Wine, but because of what the NRM does. Their acts are shown and repeated, beating civilians, not taking care of their ill bodies or even making sure their rights as citizens are respected. Especially if they question the President and his party. That is a no-go.

Therefore, the NRM and Bosco have to decide, do they want to only take loans without any interference from China or do they want funds with strings from EU/USA? Does the NRM and Bosco want to make sure that they can pay-back the loans and interests to the Chinese? As they are not as forgiving as the Western Powers, as they did write-off loans in 1980s and early 1990s to Uganda. That should be remembered, but Museveni have become forgetful, unless it fits his continued existence and rule.

That is why the defenders of the government and party, should ask themselves, if it is so critical and important to be independent and sovereign, why take foreigners money anyway? Can you not operate without it? Then you are totally free and they can shut-up, as they are not contributing anyways. They can just be naysayers from abroad and their input will not have any force behind them. However, now, the Ugandan government should ask themselves?

Can you stop the donations, the loans and funding from all the stakeholders and be truly sovereign?

If so, than the power of the donors will be depleted and their reach will be less. However, as long as they are letting donors be key part of government programs and development projects, they are obliged to listen and follow some of the strings attached. Peace.

The 200 Shillings of Doom: Millionaire MPs complain about possibly paying 400 shillings daily for OTT Access!

It is a disgrace, the best paid representatives with all sorts of benefits, even not even taxed for their salaries, these Members of the Parliament (MPs). That these MPS are complaining about the OTT Tax. These MPs who are earning approximately earning about 26,000,000 Ugandan Shillings ($6,852) monthly. MPs are complaining that they have pay 400 shillings a daily. Because they have to pay OTT on their personal Cellphone and also on their Ipads. So lets say a month is 30 days we add that with 400 shillings (Ipad + Cellphone) that is total 12,000 shillings ($ 3.1). That is why it is insulting, that ones earning giant fortunes are complaining about paying possible for one more gadget. This is a tax they enacted in Parliament not long ago. They should have the courage and the funds to pay this sums, but seemingly that is too much for them. How about the people then, who doesn’t earns millions of shillings a month?

Parliament has clarified that members of parliament can access free Social Media services on their IPADs only when transacting parliament business. The Principal information officer at Parliament Moses Bwalatum, says according to the contract signed between Parliament and the Ipad Service providers, legislators can only use them for the legislative roles unless the contract are reviewed. This means that legislators have to pay OTT tax on their personal phone to access the other social media platforms” (NBS Television, 14.09.2018).

They should be capable to spend these meager sums of money. As the MPs should be able to pay 3 US Dollars a month for the OTT on both Cellphone and Ipad, as they are earning close to 6800 US Dollars. It is insane, that they whose earning such fortunes in a country, where civil servants aren’t earning that much. They are high-ranking and huge salaries which should cover everything, especially another 200 shillings, which is apparently to much for these rich MPs.

That the MPs cannot manage to spend a total of 3 dollars a month on OTT Taxes are insane, when they are earning over 6000 dollars a month, are they that lavish on their side-dishes, that they cannot mange to pay this? But they said the ordinary citizens and that this would not discriminate people, as this was a luxury. Is this now a luxury that the millionaire MPs cannot manage?

Are 400 shillings a day to much to ask for the ones who are already tax-exempt on their salary? Are you that greedy? 

Seriously, the MPs who enacted the OTT Tax should be able to pay for it, just like everyone else. They are having a giant salaries, housing, cars and whatnots covered. They are surely able to do this, but are stubborn and greedy, as sleazy salesmen, they expect to be…

They are certainly not showing confidence, but a more a mockery of the people. Since they have wealth and the general public doesn’t. Peace.

Parliament of Uganda: Clarification on OTT Tax remarks attributed to Hon. Kaps Hassan Fungaroo (14.09.2018)

Uganda: Cabinet Decisons taken during the Cabinet Meeting held on Monday 10th September, 2018 at State House, Entebbe (10.09.2018)

Has the Cabinet repealed the laws to able to merger the Authorities and Agencies? Didn’t think so!

Today, must been a day that President Yoweri Kaguta Museveni have suddenly awaited for since writing a letter dated on the 17th July 2017 titled: “Re: Mushrooming Agencies/Authorities” sent to Finance Minister Matia Kasija, to tell this:

Why, then, should you separate the policy role from the regulation role for the non-commercial bureaucratic portions of the government; Forests, National Parks, Roads, NAADs, etc? Their functions are just two: policy and regulation. There is no business involved. If the Ministries of Works and Finance want to form Road Construction companies that will compete for construction jobs, then it makes sense for those companies to have Boards and Management but not a Board for a unit whose only job is to award contracts using government money” (Museveni, 17.07.2017).

That is why the Press Conference done by Frank Tumwebaze today, was to tell what the giant Cabinet has decided to do on the 10th September 2018. Which is more than one later and also 9 months after the fixed deadline President Museveni gave to Cabinet. Seemingly that haven’t matter. What matters to me, is that they are closing Authorities and such, which is there by law. They are not repealed or gone, as the Cabinet of 80, should be able to figure that out, but certainly they are more preoccupied with doing measures that pleases the President.

I will looking into a few of the Agencies and Commissions that are now in the spotlight, as most of these are parts of laws and are in-forced. Meaning, this laws needs to be repealed or amend them. To take away the legality of having the set commissions and such. This is something the President and the Cabinet should already know, however, this is more a learning sessions of the ones that is mentioned for being reverted into the Ministries of the Republic.

With the likes of Uganda Retirement Benefits Regulatory Authority (URBRA), which was commencement on the 26th September 2011. Have the cabinet a plan to repeal the Uganda Retirement Benefits Regulatory Authority Act of 2011? Until then, they cannot discontinue this Authority, right?

The same can be said with Uganda Free Zone Authority (UFZA), which was established because of the Free Zone Act 0f 2014. The Uganda Investment Authority (UIA) was established by enactment of the Investment Code Act of 1991. The same can be said that Uganda Export Promotions Board Act of 1996 established the Uganda Export Promotions Board (UEPB). This is just three acts, which shows there was laws creating these ones, that being URBRA, UFZA, UIA and UEPB. This I did with very little or no research, all of these laws are still in-force, meaning that they have to repeal these to kill of these boards and authorities.

Who knows if it similar with the rest of the Authorities, but if I was working there, I would sue the government as the laws are allowing their existence and their mandate under a minsitry and lawful funds to operate. Therefore, there should be reactions to the Cabinet Resolutions.

At this point, if there is any rule of law and the laws have some value, than the government should work on repealing the Authorities laws and ensure there is no legal ground to keep them alive, if they are a waste of government resources. Until, then, the laws are giving them mandate and also a lawful existence, no matter what the Cabinet enacts or written resolutions. Peace.

UNOC Signs Memorandum of Understanding With CNOOC to Start a Partnership in Exploration in the Albertine Graben (05.09.2018)

Bank of Uganda: Monetary Policy Statement for August 2018 (13.08.2018)

Exercise Duty: Tumwebaze and BoU sends mixed messages, today!

Today, it was striking that the government really hitting a home-run in double messaging. The National Resistance Movement (NRM) started from 1st July 2018 to tax all parts of the transactions with Mobile Money Tax. This is receiving, sending and also uploading the funds. That is why these funds have been tripled taxed with the other taxes that is already put on the transactions like PAYE and VAT.

That is why the Honorable Tumwebaze words seems fitting to post on the Mobile Money Tax, as this is discriminating people and making sure they cannot use the technology or digital way of paying bills and such. However, he don’t want people to resist it. How fitting, when the state have made it to expensive for people to be part of the modern world and have to use old methods to pay their relatives and companies, making sure day to day transactions becomes more costly.

Frank Tumwebaze statement:

Continuous technological advancement will further lead to other digital migrations in the way we conduct business. Let us embrace these technology advancements and not resist. If you resist technology it will disrupt” (New Vision, 2018)

BoU report on the tax after a month:

The 0.5 per cent tax on Mobile Money is discriminative and is likely to affect financial inclusion, officials from Bank of Uganda have said. The officials said this while appearing before the Parliamentary Committee on finance on Wednesday to give their views about mobile money tax. The officials, who also appeared before the committee alongside their counterparts from telecom companies, said mobile money transactions declined by 672bn shillings in the first two weeks of implementing the mobile money tax” (Tusingwire, 2018).

I am not surprised that the Mobile Money Market is hit and hard. Even if one percentage of tax doesn’t sound much. However, when you had put in on all parts of the transaction plus the other added taxes, the total cost of a transaction is huge. It is eating a lot of the plate for the same services, which has been provided for ages. There are already costs of the transactions to the companies, therefore the public have shunned and also stopped using it. Many even felt they couldn’t afford the usage of it.

That was to be expected. However, the Minister Tumwebaze have made the people resist moving to digital migration, move into the modern day transactions of money and such. That with the Exercise Duty, which was enforced two months ago.

The NRM cannot talk of people embracing technology, when they themselves making people resist or to expensive to use. Maybe, they have to figure out better ways of taxing people. If they want to be fair, because now even the National Bank of Bank of Uganda is saying it is discriminating. That should worry the Minister, but he is just using fashionable words. So he clearly don’t care. Peace.

Reference:

Tusingwire, Serestino – ‘Mobile Money tax discriminative – BoU’ 01.08.2018 link: http://www.monitor.co.ug/News/National/Mobile-Money-tax-discriminative-BoU/688334-4692428-137ocmdz/index.html

New Vision – ‘Let us embrace technology advancements’ 01.08.2018 link: https://www.newvision.co.ug/new_vision/news/1482566/us-embrace-technology-advancements

NRM Caucus Reportedly Plans to revise Exercise Duty tomorrow on Mobile Money, but not on Social Media!

Earlier in the day suddenly without any forewarning, the Deputy Speaker Jacob Oulanyah sent at the message of postponement of the plenary session from today the 18th July 2018 unto the 19th July 2018. This was not expected, but the 10th Parliament haven’t been business as usual.

The reason came later, as the National Resistance Movement (NRM) Caucus suddenly was summoned to the State House today. This is all of the NRM Members of Parliament, which means the majority of the parliament. As the oppositions and independents are a minority. All of these MPs spent the whole day at the State House. Surely, they we’re made sure to follow the President line on the matter.

This was a meeting on the revision of the newly Exercise Duty, which was put into effect on the 1st July 2018. NTV Uganda reported: “Its expected that the caucus will support the cabinet decision of 0.5% tax on withdrawals, the same position they will support on the floor of parliament” (NTV Uganda, 18.07.2018). NBS TV reported: “According to the Government Chief Whip Ruth Nankabirwa, the meeting is intended to reconcile the caucus position on the two taxes. However, some of the NRM legislators who voted against the age limit bill have been blocked from attending the meeting” (NBS Television, 18.07.2018).

The ones not allowed to attend with his royal highness, as they have already proven dissenting voices last year, are these NRM MPs: James Acidiri, Monica Amoding, Norah Bigirwa, Johnson Muyanja Senyonga, Everlyn Chemutai, Hellen Kahunde, Justine Khainza, Gaffa Mbwatekamwa and Henry Kibalya. So these we’re barred from entering the NRM Caucus today. That proves the ironies of the NRM.

The Resistance Movement, has issues with rebels, even as the Movement was forged out of a rebellion. The 1986s of the world is a rare breed. Musevenism must be the most head-up-in-the-ass and lack of soul-searching.

So, if these people doesn’t follow party line tomorrow, everyone should understand. Therefore, the expectation is that the NRM are voting for only one of the third taxes on the Mobile Money. That being only 0,5% on Withdrawal, take away the 1% on receiving, transactions and withdrawals, which it is today. However, there is no change with the Social Media Tax or the OTT Tax of 200 shillings per day. The NRM has no plan of scratching that, they just want to weaken the blow on the consumer and users of the transactions of the money through the Mobile Service.

We can really see, how foolish the NRM Party have become and they all have to bow down for the majesty at the State House. Museveni have to get them in accord.

If the NRM things this was a smooth way… they are wrong, if the NRM things this a way of proving force; They are all wrong. The NRM deserves no credit, they pursuit the taxes on demand by the majesty, they levied it and didn’t due diligence on the taxes either. They we’re just following the possible revenue streams without thinking consequences. The NRM will sell this as a victory, but really it is poor performance. From a ruling regime and ruling party, that is rotten to its core.

If there was any party understanding rebels, this is one of them and they don’t, they are just blindly following Museveni and doing it without consideration of the implications doing so. It makes them look foolish. Peace.