FEATURED STORY

Kenya’s Electronic Payment Firm Lands Revenue Collection Deal in Malawi

Share
JamboPay CEO Danson Muchemi
“We look forward to deploying our many years of experience in electronic payments and our robust technology towards the realization of better services and improved revenue collection by the Blantyre City Council,” says JamboPay CEO Danson Muchemi.
Share

JamboPay, the electronic payments service provider based in Kenya has signed a contract with the Blantyre City Council (BCC) to develop and operate an automated revenue collection infrastructure.

The contract was signed on 6th October 2020 between Web Tribe Limited, the JamboPay holding company, and BCC in Malawian capital, Blantyre.

The Public-Private Partnership Commission of Malawi oversaw the procurement process. Under the agreement, JamboPay will finance, build, and operate the revenue collection infrastructure for Blantyre City for 10 years.

Speaking during the signing ceremony, BCC Mayor Hon. Wild Ndipo said that the move to partner with JamboPay was geared towards increasing transparency and efficiency in revenue collection and for the residents of Blantyre City.

JamboPay CEO Danson Muchemi thanked the BCC and Private Public Partnership Commission of Malawi for the partnership which, he pointed out, would enhance efficiency and transparency in revenue collection.

“We look forward to deploying our many years of experience in electronic payments and our robust technology towards the realization of better services and improved revenue collection by the Blantyre City Council,” said Mr Muchemi.

JamboPay offered a similar service to the Nairobi City Council in Kenya for five years between 2014 and 2019. The firm was responsible for the collection of revenue in more than 134 revenue streams which were automated hence boosting revenue collection. JamboPay managed parking, payment of licenses, single business permits, rates and food handling certificates, among others.

Parking payments in Blantyre will be among the services that will be digitized in the engagement. JamboPay has 11 years’ experience in electronic payments in East Africa. It operates in Kenya, Uganda, Tanzania and Ghana.

It provides digital payments services to more than 5,200 organizations enabling revenue collection on mobile, web, banks and over a network of independent agents. The company has announced plans to list at the Nairobi Stock Exchange in four years.

Read Also >> Kenya’s Tech Hub Creates Jobs for 60,000 Ethiopians

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
KQ is set to have an overhaul of its board and executive wing
BUSINESSFEATURED STORYNEWS

Kenya Airways To Have Executive, Boardroom Changes

Kenya Airways is set to have a complete overhaul of its board...

kenya pipeline
BUSINESSECONOMYFEATURED STORY

Kenya Pipeline Company Reserves 2 Boardroom Seats for Uganda

Kenya Pipeline Company(KPC) released a Supplementary Information Memorandum and structural updates that...

Nairobi Securities Exchange activity slowed as foreigners took profits
BUSINESSFEATURED STORYNEWSSTOCKS

NSE Activity Dampen as Foreigners’ Exit Big Counters

NSE (Nairobi Securities Exchange) shed KSh 104.7 Billion in market value at...

Cooperatives & MSME Development CS Wycliffe Oparanya.
FEATURED STORY

SACCOs in Governance Crisis: Only 19 Meet Set Compliance Levels

SACCOs (Savings and Credit Cooperative Societies) that are licensed to engage in...