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BTC Mobile ups ante in mobile money wars

New moves: Masunga has made no secret of BTCL’s ambitions for larger market share PIC: MORERI SEJAKGOMO
New moves: Masunga has made no secret of BTCL’s ambitions for larger market share PIC: MORERI SEJAKGOMO

Local network operator, Botswana Telecommunications Company Limited (BTCL) this week added more shine to its mobile money offering, sealing a partnership with Hollard to offer funeral insurance at discounted rates.

The new product is aimed at lower-earning individuals who may not be the target market for the mainstream financial services sector.

The move to introduce insurance under beMOBILE Smega, BTC's mobile money product, boosts the group’s fintech reach and is expected to result in an increase in market share.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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