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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
Exercise extra caution!

Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....

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