A Transaction statement is a report summarizing all financial transactions which took place over a given period on a money account. Reviewing your statement gives the account holder a detailed representation of their Airtel money transactions or act as evidence for previous transactions in case any grievances come through. The process to get a transaction …
After the Excise Duty (Amendment) Act, 2021 took effect and with it came the removal of the controversial Over the Top Services (OTT) tax, and the introduction of a new indirect 12% tax imposed on internet data, the telecommunication companies and internet service providers (ISPs) were yet to levy on the new data packages. While some telecommunication …
Telecommunication Companies Impose New 12% Internet Tax Read More »
Absa Bank Uganda and MTN Uganda Limited announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines/terminals across the country. The service is open to all MTN Uganda mobile money account holders, who can now make payments on any Absa POS machine, regardless of whether …