Pay Television company StarTimes Media and Equity Bank have signed a Memorandum of Understanding that will see the Bank’s customers across the country access soft loans that will enable them acquire approved digital television set top boxes from StarTimes and repay through a flexible six month installment plan. Through this partnership, Equity Bank customers will
Just a few days ago we came upon a Karbonn Smart booth at a CABS bank branch in Harare. On enquiring from the agent we learned that the distributor of the Karbonn devices locally, Solid Ground, have partnered CABS to go after the the civil servants market through providing mobile devices on friendly credit terms.
Vodacom Tanzania has entered into a partnership with Oilcom in a deal that will see vehicle owners and motorists fuel their vehicles and pay through M-Pesa. This is the first partnership of its kind in the Tanzanian market, and motorists will now make use of the companies’ widespread networks reliably. Speaking during the launch of
MTN Uganda, has partnered with Interswitch Uganda to further increase their ATM Cash out footprint by allowing customers to cash out at all Interswitch’s ATMs across the country. Interswitch Uganda, is one of East Africa’s leading integrated payments companies. MTN Mobile Money customers can now generate a four digit TIN by dialling *165# from their
Kenya’s largest bank in terms of balance sheet, Kenya Commercial Bank, will in mid January distribute over 2.2 million EMV compliant cards to its customers to comply with a March 2014 deadline set by the central bank of Kenya as to when banks are expected to phase off the magnetic strip cards in circulation, a
The Governor of the Bank of Mauritius, Mr Rundheersing Bheenick, recently gave a statement where he reviewed the year gone by and reflected on the present and future outlook. In his address Bheenick said that Headline inflation came down from 4.9 per cent in July 2012 to 3.6 per cent in June 2013 while year-on-year
Econet Wireless announced that subscribers to their Ecocash Save mobile banking service have now reached 900,000. 50,000 more than subscribers to typical brick and mortar banking services in Zimbabwe combined. The announcement was made in the same release announcing that Ecocash Save will start lending cash to subscriber in early 2014. The numbers are no
Kenya Commercial Bank (KCB) Group and Postal Corporation of Kenya (PCK) have entered into a strategic partnership to share payment infrastructure and capitalise on their expansive branch networks locally in line with the bank’s financial inclusion agenda. PCK recently launched its PostaPesa e-payment solution and the partnership will see KCB be the official Settlement Bank
Students in higher learning institutions have been implored to grab the opportunity of owning new bank account with the National Microfinance Bank (NMB) which offers attractive benefits. The NMB Personal Banking Manager Mr Julius Konyani told reporters in Dar es Salaam that the benefits will be available during the special campaign branded Ki-College Plus NMB.
Ericsson announced that MTN Rwanda has deployed its Converged Wallet m-commerce solution. The launch brings easy-to-use, next-generation mobile financial services to MTN Rwanda’s subscribers, including mobile phone users that do not have access to traditional banking services. Ericsson is providing the operator with a flexible, reliable and efficient m-commerce solution that includes Ericsson Converged Wallet,
