Matooke Republic
Sunday, November 1, 2026
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Are MTN Mobile Money refunds hot air?

Alex Taremwa by Alex Taremwa
August 6, 2018
in Business, Featured Stories
Reading Time: 2 mins read
Share on FacebookShare on Twitter

After government slashed the dreaded mobile money tax from 1% to 0.5%, President Yoweri Museveni while responding to comments on his social media intimated that telecom companies will refund the money that incurred the 1% charge. 

However, several telecom companies have effected the directive – except MTN Uganda.

RELATED POSTS

Why Ugandans will pay more for bread starting November 2

Prominent Ugandan Kickboxer Patricia Apolot, wife of General Peter Elwelu, speaks out on husband’s whereabouts amid claims he was forming a rebel group

According to several customers that Matooke Republic has talked to, they stop at receiving an SMS that their money has been refunded but the money itself doesn’t come. 

“Dear MTN, I received this text early last week but there is no evidence of the said refund.
You need to clarify to your subscribers what this is about. Do not take us for granted,” wrote a one Benjamin Mutebi.

Another customer who received the refund text wondered why he could not see the refunded money. 

“But I can’t see the refunds? Where were they sent? I think MTN is here to test our anger management skills,” Bish Roland said.   

It is also on record that despite slashing the tax by half, MTN insisted on collecting the 1% arguing that Parliament had not passed the amendment on excise duty effecting the changes. 

Valery Oketcho, the MTN Corporate Communications Director told Matooke Republic that the refunds actually paid out from July 27, 2018, until Monday 30, 2018.  

“We received a letter from the Uganda Revenue Authority (URA) on July 25th to make the refunds and started the process on 27th till midnight on 30th. Everyone who was charged was refunded,” he said.

Oketcho further explained that the SMS notifications were sent to customers after the refunds were made adding that some had probably already spent the money without checking their mobile money balances first. 

“The total amount of money paid in refunds was about Shs1.3bn and our system shows that it was paid out,” he added. 

Related

Tags: Mobile Money Tax
Share3Tweet1Send
Alex Taremwa

Alex Taremwa

Founder of The Workshop Uganda

Related Posts

MP Elijah Okupa that read the report in Parliament today.

Report on the economic impact of COVID-19 on Uganda recommends suspension of OTT, reduction of interest rates, mobile money tax

by Norman Mwambazi
7 years ago

...

Kyadondo East MP Robert Kyagulanyi aka Bobi Wine.

Bobi Wine asks Gov’t to suspend OTT and mobile money taxes to allow the public easily access information about Coronavirus on social media

by William Kasoba
7 years ago

...

Mobile Money still the most used financial service in Uganda despite tax – research reveals

by Matooke Republic
7 years ago

...

Mobile money tax undermines financial inclusion efforts — Twaweza report

by Matooke Republic
8 years ago

...

Our parliament is a collection of poor graduates, they can’t think beyond money – Ex Katikkiro Dan Muliika

by Alex Taremwa
8 years ago

...

Next Post

Government reviewing social media tax expiry

PHOTOS/ VIDEO: Newly married Judith Babirye holds special thanksgiving service at Liberty Worship Centre

RECOMMENDED

Cinema, cocktails and conversation as Kwiso Movie Nights returns

October 31, 2026

Joshua Baraka offers discounted concert tickets following Tiwa Savage collaboration

October 30, 2026

MOST VIEWED

  • Prominent Ugandan Kickboxer Patricia Apolot, wife of General Peter Elwelu, speaks out on husband’s whereabouts amid claims he was forming a rebel group

    144 shares
    Share 58 Tweet 36
  • Government doubles allowances for public officials, including the Vice-President, Prime Minister, Ministers, Chief Justice, Judges, IGP, District Chairpersons, Mayors and Councillors; Here is the list of new rates

    67 shares
    Share 27 Tweet 17
  • Former Bank of Uganda governor Mutebile’s son sues stepmother over billions in hidden estate assets, alleges he was forced into a psychiatric facility to stop him from challenging estate management; here is the list of allegedly concealed assets

    41 shares
    Share 16 Tweet 10
  • Who is Acting Major General Oscar Munanura, the new Chief of Defence Intelligence and Security of the UPDF?

    31 shares
    Share 12 Tweet 8
  • All you need to know about the newly naturalised players of Ugandan heritage joining the Uganda Cranes

    87 shares
    Share 35 Tweet 22
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2026

© Matooke Republic 2026

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.