FNNB's pricey mobile banking still ahead of the pack

FNB was the first to harness electro-magnetic waves that have become the new front in the war for customers, while Stanchart and Barclays are making impressive - and strategic - inroads into cellphone banking, Staff Writers Brian Benza and Baboki Kayawe report

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.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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