FNB Ropes In Orange For Cellphone Banking
Monday, May 28, 2007
The move follows months after the bank's mobile phone banking were enjoyed exclusively by subscribers of Orange rival, Mascom.
This now means that Orange customers are able to register for FNBB cellphone banking if they hold a qualifying FNBB account, explained Oratile Moremong, senior communications officer at the bank.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...