Mobile money uptake grows 65%

The uptake of mobile money services rose by 65 percent in 2013, with 248,000 subscriptions on the portfolios of the two wireless companies.

According to recently released Botswana Communication Regulatory Authority (BOCRA) data, the number of mobile money subscriptions was pegged at 70,000 when Orange Botswana and Mascom Botswana first introduced the services in 2011.

Mobile money allows cash to move as fast as a Short Message Service, with the customer of a particular mobile operator, registering for the service and depositing the money with any approved vendor/agent of that operator.

Editor's Comment
Let’s stand against the menace of ‘CAT’

Methcathinone’s addictive grip is tightening, and its consequences are devastating. Lives are being ruined, families torn apart, and futures dashed by its destructive power. The drug’s allure knows no bounds, with various methods of ingestion making it accessible to users of all preferences.Whether it’s snorted, smoked, injected, or taken orally, the outcome is the same: a path of ruin and despair. It is time for action. The government,...

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