Airtel Networks Zambia Plc, a telecommunications service provider in Zambia and Nico Insurance Zambia Limited, have signed a partnership agreement that will enable customers to pay for their insurance using Airtel Money. From today, Airtel customers will be able to pay for their Insurance to Nico Insurance Zambia Limited using their “Airtel Money” accounts. This
Bank Windhoek was honoured on 11 December 2013 with the “Best Bank in Namibia” award for the sixth consecutive year by EMEA Finance, a UK-based economics magazine that covers Europe, the Middle East and Africa. This award to Bank Windhoek falls in the category of “African Banking Achievement Awards”. 2013 was a successful year for
Botswana’s national annual inflation kept the downward trend in November, dropping to 4.1 percent from 4.8 percent in October, and is expected to further remain low supposed factors remain favorable, Statistics Botswana (SB) has reported. Data authority said that the inflation stood at as high as 7.4 percent during the same month in last year,
Botswana’s national annual inflation kept the downward trend in November, dropping to 4.1 percent from 4.8 percent in October, and is expected to further remain low supposed factors remain favourable, Statistics Botswana (SB) has reported. Data authority said that the inflation stood at as high as 7.4 percent during the same month in last year,
A huge number of South Africans rely on the ATMs to withdraw money. However the increased usage of ATMs has also resulted in criminals devising various scams such as card skimming, swopping and the trapping of card inside ATMs. This is usually accompanied by shoulder surfing to steal PIN numbers. SABRIC’s research has revealed that
First, congratulations to the EcoCash team for winning the AfricaCom Best Mobile Money award. No doubt a few heads have turned towards Zimbabwe and we appreciate it. Congratulations as well to NetOne for the OneWallet re-launch. We hold our breath as we await Telecel’s Telecash launch. There has been quite some hype surrounding Telecash’s mobile
This year saw a rise in online spending across the globe, with USA reporting a 20% increase in online shopping on Cyber Monday as shoppers snubbed physical retail stores in favour of missing out on the holiday queues. Locally South Africans are coming to the party, with recent report showing that 9.5% of South Africans
Botswana central bank, Bank of Botswana says it will introduce a new family of coin in the first quarter of 2014, the bank disclosed in a statement this week. The introduction of the new coin follows a comprehensive review of the national currency, in this case Botswana coin. “This is in line with international norms
In a bid to fight increasing card fraud, which is estimated to have cost $11.27 billion worldwide in 2012 (a 14.6% increase year-on-year)1, leading wireless data company, FastNet, announced it has achieved Payment Card Industry Data Security Standard (PCI DSS) compliance as a Level 1 service provider. This follows recent stipulation by the Payments Association
The most exclusive Card Membership in the world has arrived in South Africa with the launch of Centurion, from American Express. Issued by Nedbank Private Wealth, Centurion is now available by invitation only or upon appointment to a select group of individuals in South Africa. ‘Centurion is intended for clients who demand a new level
