Connect with us
Advertisement

BTC introduces visa debit card

BTCL MD -Anthony Masunga

Botswana Telecommunications Corporation Limited (BTC), celebrating 40 years of progress and anchoring the National economy, has introduced a visa debit card to its revamped mobile money wallet, SMEGA, offering consumers a unique and reliable facility to easily transact.

The BTC Smega Visa Prepaid debit card, can be used to withdraw cash from the ATM and to pay for everyday purchases at supermarkets, petrol stations, restaurant, airlines and hotels anytime and everywhere in the world where the Visa sign is displayed. With its unique and reliable features, the BTC Smega visa debit card offers the convenience to transact making it convenient for both locals and tourists.

“The SMEGA visa card was inspired by the need to offer our customers and all our stakeholders, a one-stop-channel for all mobile financial services. It is a very user-friendly channel that gives users a convenient way of transacting,” said BTC Managing Director, Anthony Masunga.

Accepted in more than 28 million outlets worldwide, in most business and tourist destinations, the BTC Smega prepaid visa card can also be used  to book and pay in advance for essential such as airfares, hotels and car hire. It is simple, easy and quicker to use offering customers  the convinience and access to their funds 24 hours, 7 days a week.

The BTC SMEGA wallet, also offers the convenience to transact using Botswana’s fastest and widely available network covering over ninety percent (90%) of the country. The BTC network reaches far and wide in Botswana and where the operator does not have a shop, the company has a mobile truck (shop) that takes services to customers who may not have direct access to BTC fixed customer touch points; underpinning   the convenience of not only accessing SMEGA but all BTC services.

Not only can customers make financial transactions through their mobile phones on the go covering a wider geographic coverage area, the other major differentiator with SMEGA wallet is the Motshelo Group Club Account. BTC is the first and only network operator in the country to provide a service for Motshelo Clubs. The Motshelo account allows subscribers to contribute and save money.

BTC, established in 1980 by an Act of Parliament to operate and manage Botswana’s national and international telecommunications services is a Botswana Stock Exchange (BSE) listed company, under the stewardship of Mr. Anthony Masunga. The Company is a converged telecommunications operator offering fixed (voice and data), mobile (voice and data) and broadband services to customers, enterprises and other licensed service providers.

Corporate

BTC introduces visa debit card

24th July 2020
BTCL MD -Anthony Masunga

Botswana Telecommunications Corporation Limited (BTC), celebrating 40 years of progress and anchoring the National economy, has introduced a visa debit card to its revamped mobile money wallet, SMEGA, offering consumers a unique and reliable facility to easily transact.

The BTC Smega Visa Prepaid debit card, can be used to withdraw cash from the ATM and to pay for everyday purchases at supermarkets, petrol stations, restaurant, airlines and hotels anytime and everywhere in the world where the Visa sign is displayed. With its unique and reliable features, the BTC Smega visa debit card offers the convenience to transact making it convenient for both locals and tourists.

“The SMEGA visa card was inspired by the need to offer our customers and all our stakeholders, a one-stop-channel for all mobile financial services. It is a very user-friendly channel that gives users a convenient way of transacting,” said BTC Managing Director, Anthony Masunga.

Accepted in more than 28 million outlets worldwide, in most business and tourist destinations, the BTC Smega prepaid visa card can also be used  to book and pay in advance for essential such as airfares, hotels and car hire. It is simple, easy and quicker to use offering customers  the convinience and access to their funds 24 hours, 7 days a week.

The BTC SMEGA wallet, also offers the convenience to transact using Botswana’s fastest and widely available network covering over ninety percent (90%) of the country. The BTC network reaches far and wide in Botswana and where the operator does not have a shop, the company has a mobile truck (shop) that takes services to customers who may not have direct access to BTC fixed customer touch points; underpinning   the convenience of not only accessing SMEGA but all BTC services.

Not only can customers make financial transactions through their mobile phones on the go covering a wider geographic coverage area, the other major differentiator with SMEGA wallet is the Motshelo Group Club Account. BTC is the first and only network operator in the country to provide a service for Motshelo Clubs. The Motshelo account allows subscribers to contribute and save money.

BTC, established in 1980 by an Act of Parliament to operate and manage Botswana’s national and international telecommunications services is a Botswana Stock Exchange (BSE) listed company, under the stewardship of Mr. Anthony Masunga. The Company is a converged telecommunications operator offering fixed (voice and data), mobile (voice and data) and broadband services to customers, enterprises and other licensed service providers.

Continue Reading

Corporate

The need for good corporate governance and strong leadership during crises

23rd July 2020

Although it is not a direct financial tool, good corporate governance has shown to be a driver for a successful business.

It is a critical component in a business’ toolkit in building a foundation of trust, integrity, and accountability between the entity and its key stakeholders. Good corporate governance reveals the entity’s ability to operate as a sustainable business, and what better time to be of this standing as a business than during a crisis.

Research shows that more than 84% of global institutional investors are willing to pay a premium for shares of a well-governed company, in comparison to a poorly governed business with a similar financial record. This is because investors highly value the protection of their reputation, as well as that of their hard earned money.

Also equally important in a business, is strong leadership. The COVID-19 pandemic has threatened not only the lives of people, it has also brought about chaos and uncertainty in the livelihoods of many more. It has been the case the world over, that lockdown has resulted in stagnated economic activity, ensuing business and supply chain disruptions and consequentially, job losses.

Strong leadership is vital to the sustainability of any organisation, but more especially during this pandemic. Leadership that is willing to, and has the ability to adapt to the ever-evolving conditions of the market and assist in better managing risks.

In the current market conditions brought about by COVID-19, leadership teams should re-evaluate their existing risk management measures, develop the necessary policies, and be willing to take timely and decisive action, to adapt to the market and survive.

The actions taken during this time will determine the public perception of the company in the future. Explicit, decisive action in a time of crisis, shows that capable, forward-thinking leaders run the organisation, and these are the attributes that investors look for.

The financial services sector has continued to provide inventive solutions by taking charge and leading customers on to the path of the Fourth Industrial Revolution (4IR) by making products and services which utilize numerous technologies. It is only with robust leadership and decisive action that there can be change that will drive innovation and ensure growth in the new post-pandemic environment.

To fulfil the role of contributing to rebuilding Botswana’s economy, we all need to be willing to get out of our comfort zone and look at the world with renewed vigour. We should participate in proactive engagements to combat this climate of uncertainty and elevate Botswana. Let us continue to support SMEs.

Legal and Compliance Department, BancABC

Continue Reading

Corporate

BTC Celebrates 40 years of technology leadership

13th July 2020
BTCL MD: Anthony Masunga

Botswana Telecommunication Corporation Limited (BTC) kicked off a program to mark its 40th Anniversary as Botswana’s leading and pioneering technology and telecommunications company enabling the socio-economic development of Botswana.

History

BTC was established in 1980 by an Act of Parliament to operate and manage Botswana’s national and international telecommunications services. Before then, telecommunications services were provided by the Department of Post and Telecommunications. BTC has made great strides from offering analogue microwave links to fixed telephony to become a converged telecommunications operator offering fixed (voice and data), mobile (voice and data) and broadband services.

Nteletsa Project
In 1999 BTC in partnership with the Government embarked on the Nteletsa project to bring telecommunications services to previously underserved areas. Phase two of the project which commenced in 2008 established Kitsong Centres (Internet Cafes) in 148 villages, as part of a rural telecommunications programme to bridge the digital divide.

Establishment of mobile service

In 2008, BTC launched its mobile service following the liberalisation of the industry awarding network operators service neutral licences. The network grew and expanded to cover almost 90% of the population.

BTC Listing

In 2016, the listing of BTC on the Botswana Stock Exchange, was a watershed moment in economic inclusion, bringing more than 50,000 Batswana into BTC ownership, the broadest shareholding of any company in Botswana.

Leader in digital and communication services

From providing rotary dial phones and operating manual telephone exchanges in 1980, BTC has now completed a digitalisation journey that started almost two decades ago. The company has evolved to partner with Government as the Nation transitions to a knowledge- based economy.

BTC Managing Director Anthony Masunga said: “We state in our purpose that ‘we exist to provide superior digital solutions to our people to enable them to live connected’. Our team of over 1000 people are exceedingly proud of our track record spanning 40 years. We are looking forward to celebrating a unique milestone of four decades with our customers and communities across the length and breadth of this country.

“We have transformed the business beyond telecommunications and broadband solutions, into all forms of digital and ICT solutions. In 2019, we commissioned the Sentlhaga Data Centre, the only local Uptime Tier Two Certified Data Centre in Botswana housing local and international content such as Facebook, YouTube Google and Classmate. We take the bold view that speeding up digital transformation is critical to helping the local economy bounce back from the debilitating effects of COVID-19,” he added.

Enhanced customer experience

To kickstart the transformation journey, BTC has launched a programme to reinvigorate BTC’s internal culture and customer experience to drive a positive trajectory into the future. “We are putting in place measures to offer excellent quality service to all our stakeholders; offering exciting products and services while giving back millions in prizes through various promotions such as our Hawkers Challenge, Recharge & Win and many more,” said the BTC Managing Director.

BTC Foundation 
Over the years, BTC has also supported a number of key local projects in the form of donations and sponsorships ranging from sport to the arts and skills development. Through the remainder of 2020 and beyond, the Foundation will continue to be the vehicle through which BTC delivers its CSI agenda with a focus on impact and sustainability to help the Nation, emerge stronger and more resilient in light of the COVID-19 pandemic, said Mr. Masunga.

Continue Reading
Do NOT follow this link or you will be banned from the site!