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Mar 15th
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Business Briefs

Ecobank eases water bill payment

Ecobank eases water bill payment

Ecobank (U), and the National Water and Sewerage Corporation last week signed a partnership deal that will see the NWSC clients pay their water bills through the Ecobank online payment system. In spite of the bank being a late entrant into the water bills payment system, the bank has moved a notch higher by introducing a platform where the NWSC will access its client’s payments online immediately they deposit the money.  Under the Direct Debit Payment (DDP) system, a customer mandates the NWSC to collect an equivalent of the water bill from his account upon the bank receiving an advice from the NWSC. The Bank collect system is accessible at all the Ecobank branches in the country. While the Ecobank bank said it is introducing innovation, the NWSC said it is promoting convenience to its clients.  Ecobank is the second West African originated bank after the United bank for Africa (UBA) to sign a partnership deal with the NWSC. 

 

UBA globally ranked among the fastest growing banks

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UBA globally ranked among the fastest growing banks United Bank for Africa (UBA), the parent company of UBA Uganda rose to 285th position in 2009 from 451st position ...

Last Updated ( Tuesday, 02 March 2010 20:20 )

Mbire gets shares in limping RVR

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Mbire gets shares in limping RVRUganda`s Charles Mbire, was last week set to take up a 15 % stake in the Rift Valley Railways. Mbire has been invited by...

Mutebile hooked interest rates

Mutebile hooked interest ratesThe members of Parliament who sit on the National Economy Committee have put to task the central bank to rein in on high...

Zain partners with DSTV

Zain partners with DSTVZain last week signed a partnership agreement with DSTV under which all Zain clients who subscribe to DSTV will no longe...

Last Updated ( Wednesday, 17 February 2010 08:36 )

Posta Uganda in financial dilemma

Posta Uganda in financial dilemmaOver Shs 2.3 billion has gone missing at Posta Uganda. The money had been paid to the government parastatal by the Posta...

Non-alcoholic drinks battle deepens

Non-alcoholic drinks battle deepens Coca-Cola has taken on Uganda Breweries Ltd in a battle of the non- alcoholic drinks.  Last week Coca Cola unveil...

Zain’s Zap goes west

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Zain’s Zap goes west  Zain`s   mobile money transfer service ZAP has been extended to cover other African markets following its succes...

UCC gets new chief executive

UCC gets new chief executive UCC gets new chief executive The Uganda communication commission has a new Ag Chief Executive Officer; Patrick Mwes...
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