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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
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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