The Economy of Uganda
Mobile Money and Boda-Bodas
MTN MoMo and Airtel Money serve millions, while motorbike taxis called boda-bodas provide crucial transport and jobs.
Everyday economy.
Mobile money
Most adults use mobile money for payments, savings and remittances.
Boda-bodas
Motorbike taxis carry passengers and goods, giving jobs to hundreds of thousands of young men.
Apps
Ride-hailing platforms like SafeBoda organise riders.
Risks
Accidents, and fees and taxes on mobile money.
A phone payment
A trader pays a supplier by phone, with no bank visit.
Dismissing informal transport as marginal
It moves much of the city.
Key takeaways
- Mobile money is widespread.
- Boda-bodas provide jobs.
- Apps organise riders.
- Accidents and taxes are issues.
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