FNNB's pricey mobile banking still ahead of the pack
Friday, October 30, 2009
Under the leadership of its former CEO Danny Zandamela, FNBB set the trend in the use of cellphone banking technology six years ago, overtaking Standard Chartered and Barclays to become Botswana's largest profit maker in the sector.
Introducing cellphone banking only in August this year, Stanchart and Barclays recently emerged on the market with innovative products of their own, which appear to be relatively cheaper in terms of charges but are trailing behind in terms of service.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...