Fintech Alert: KATS secures first ever Money Remittance License in Uganda for a non-cash online money transfer platform – BT Payments Services Limited

KATS successfully advised BT Payment Services, a Fintech Digital Money Remittance Services Provider, on the licensing of its operations in Uganda by the Bank of Uganda. Our Alice N. Blazevic, a Partner and Patrick Mugalula, an Associate took the lead on this transaction. BT Payments Services Limited, a Ugandan financial technology company with roots in...
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What happens to a mobile money user’s funds when he/she passes on?An overview of the National Payment System Bill, 2019.

By: Edwin M. Mugumya Until a few years ago, payment systems throughout Uganda were conventional and took the form of direct or indirect physical transfer of money, often followed by paper-based records such as receipts and acknowledgments. However, in the mid 2000’s, players in the private sector; mainly multinational telecommunication companies, adopted mobile money schemes,...
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KATS welcomes new Associate

KATS is pleased to welcome Arnold Ojakol to the Firm. He joins the Firm as an Associate in the Corporate & Commercial and Litigation & ADR departments. His forte is Banking and Finance, Tax and compliance, Civil litigation, Mergers & Acquisition and Employment law. Arnold received his LLB with Honours from Uganda Christian University in...
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Can I use my phone as security for a loan?

By: Joanne Katende Yes, a mobile phone is movable property under the Security Interest in Movable Property Act, 2019 (hereinafter, ‘The Act’). The President of Uganda assented to this law on the 31st March, 2019. This is a law that: provides for the use of movable property as collateral for credit, provides for the creation...
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Employment Law Alert: “Am I fired or not?” The law on constructive dismissals in Uganda

By: Patrick Mugalula Background: It is a curious thing for an employee to resign or otherwise terminate his/her employment with their employer and thereafter be deemed to have been unlawfully terminated/dismissed by his/her employer. This is exactly what is entailed by the phrase constructive dismissal and its alternatives such as constructive discharge. There are instances...
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