KCB Bank Uganda has partnered with financial technology firms; MTN Mobile Money and Airtel Mobile Commerce Uganda to introduce two Trust accounts that will enable mobile money traders and consumers to access electronic cash or what is commonly known as float. The MTN and Airtel Trust Accounts offer merchants, super dealers, Airtel money, and mobile money agents as well as end-users a safe, secure, and convenient place to purchase and liquidate float of any amount for their business and personal needs free of charge. Commenting on the partnerships, Ramla N. Munyakazi, the Head of corporate banking at KCB Bank Uganda…
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Asiimwe Colin, until recently the Head of Marketing at Multichoice Uganda has been snapped up by digital money firm, Wave Mobile Money Uganda as its Marketing Lead, CEO East Africa Magazine can exclusively reveal. According to very close sources in the industry, as Marketing Lead, Colin, will be in charge of “market transformation, above the line marketing, digital communications, corporate affairs and below the Line marketing,” amongst others. Wave, which started from Senegal in West Africa, and is now in Cote D’Ivoire and Uganda amongst others, in October 2021, got a license got a Payment Service Provider from Bank of…
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MTN Mobile Money Uganda Limited, the wholly owned mobile money subsidiary of MTN Uganda, has picked Richard Yego as its first substantive Managing Director, CEO East Africa Magazine can exclusively reveal. According to impeccable sources, Richard, a Ugandan Executive with 16+ years’ experience in banking and digital financial services— six in banking and over 10 years in digital financial services has already put pen to paper on his lucrative contract and is set to start work this or next month. MTN Mobile Money Uganda was spun off MTN Uganda, the largest telecom company in a regulatory sanctioned move, following the…
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