Uganda pushes for internet cuts to promote digital financial services

Digital financial services.

The Ugandan government is pushing for lower internet costs to promote the usage of digital financial services. PHOTO | FILE

The Ugandan government is pushing for lower internet costs to promote the usage of digital financial services across the country in a bid to increase financial inclusion for vulnerable groups.

According to the Ministry of ICT and National Guidance, the country will, by the end of this year, reduce the cost of data it provides through the national backbone infrastructure fibre by more than half from $70 per Mbps per second to $30.