Physical Address
Kampala, Uganda
Co-authored with Jenna Matovu Hayra. Ethiopia has embarked a broad economic reform agenda, aimed at stimulating investment, enhancing financial inclusion, and integrating into the global financial system. As we highlighted in this article, a key policy decision in this reform…
In 2024, amendments to various tax laws including the Income Tax Act and the Stamp Duty Act among others were enacted. One of the purposes of the amendments was to introduce tax incentives for private equity and venture capital funds.…
On 17 December 2024, the House of People’s Representatives of Ethiopia ratified the Banking Business Proclamation – No.1360 The primary objective of the proclamation is to provide for a legal framework that would allow for the opening up of the…
International human rights law lays down obligations that States assume by being part of the international community and parties to various international treaties and conventions. These obligations include – respect, protection, promotion, and fulfillment – of the human rights of…
In January 2024, the Minister of State for Microfinance reportedly suspended the licensing of online money lenders on account of opaque operational procedures, exorbitant interest rates, and privacy concerns. The Minister also noted that a number of these online lenders…
The Competition Act, which was first tabled before Parliament in December 2022, was passed for a second time in September 2023 and finally received presidential assent on February 2nd, 2024. The Act therefore establishes primary legislation governing competition matters in…
In May 2023, the Competition Bill that was tabled before Parliament in December 2022 was passed by Parliament. However, the President declined to assent to the Bill on account of the creation of the Competition and Consumer Protection Commission, contrary…
Innovation in the financial technology (fintech) industry has been growing steadily over the last few years, mainly driven by digital payments. According to a study commissioned by Financial Sector Deepening Uganda in 2018, digital payments represented 47% of fintech activity…
This article provides a commentary on the Competition Bill, 2022 (the “Bill”) which was tabled before Parliament in December 2022. The Bill is presently at Committee stage and will be considered by the Parliamentary Committee on Tourism, Trade, and Industry.…
Background Mobile money has, without doubt, had a profound impact on the financial services sector in Uganda and in other markets in the region. The most tangible impact mobile money has had thus far is providing the unbanked population with…
