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Uganda’s Mobile Money Sector Faces Fraud and Network Strain

Uganda’s Mobile Money Sector Faces Fraud and Network Strain

Ugandan fintech leaders warn that escalating mobile money fraud, service outages, and high fees are undermining trust in digital finance. Industry group FITSPA calls for stronger cybersecurity, more resilient networks, and better consumer safeguards.

Original headline

MOBILE MONEY FRAUD, NETWORK WOES THREATEN TRUST! Fintech Bosses Sound Alarm

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