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New mobile money firm launched
EzeeMoney, a new mobile money service provider, has been officially launched in Ugandan. The service operated by EzeeMoney Limited will work in collaboration with Centenary Bank-which will provide an escrow account to primarily safeguard the electronic transfers. Mr Emmanuel Mutebile, the Governor Bank of Uganda, said in his speech that the entry of the new product will further cement the growth in money transfer services that has been witnessed in the last five years. “The product will help build a modern and inclusive financial services industry in Uganda,” he said.   Read more