Public transport integration on the cards
BOTSWANA| July 1, 2012, 12:31 p.m.
By John Churu, Gaborone, Botswana
A radical initiative by one of Botswana’s foremost technological inventors, Pule Mmolotsi, is set to transform the face of the Botswana Public transport system for the better according to a blueprint shown to biztechafrica.com.
Mmolotsi is the CEO and founder of Olekard, a company that came up with a plan to introduce prepaid public transport system in Botswana come 25th of July 2012. In an exclusive interview with biztechafrica.com, Mmolotsi said: “the Olekard prepaid card will be given for free to commuters. What the commuters will have to do is to load money on to the card from selected participating vendors or agents, and presto! Off they go.”
In order to complete the system, transport owners will have to install a device in their buses which will communicate with the card in question. According to the inventor, the device is called a UID device or Unique Identification Device.
Stakeholders have bought into the grand idea and already, the big transport players in the country such as Seabelo, which operates a cross-border service, AT&T Transport and Motlogelwa, have all accepted the system. The government is a willing buyer as well according to Mmolotsi. “The government has also endorsed the idea from the regulator standpoint. For example the Department of Safety and the department of youth have all agreed in terms of empowerment,” explained Mmolotsi.
This is in addition to an agreement Olekard has with First National Bank (FNB) who will be the custodians of a pool account. The commuters will credit their terminal with virtual money only.
The idea is also touted as an employment creation venture too, as more than 1000 vendors or agents will be employed. In addition, the inventor has already set his sights across the width and breadth of the continent, in the form of a pan-African project. Mmolotsi said he has benchmarked this unique project on similar initiative in London’s oyster, Hong Kong’s octopus and as well as the neighbours South Africa with the recent Gautrain ticketing system.
“This is just a pilot project in Botswana; the aim is meant for Africa as a whole. We are looking for investors and we expect to raise in excess of USD60 million. We have already engaged an internationally recognised accounting firm KPMG because our main aim is to list on the stock exchange,” said the visibly exuberant Mmolotsi.
MORE BOTSWANA NEWS
Stanbic Bank offers holiday tips to ATM usersAs has become the norm during the holidays, Stanbic Bank Botswana has prepared safety tips for those wishing to use ATMs ahead of the Easter long weekend as part of a concerted effort to ensure greater financial security amongst Batswana. Read More
BTCL, SA’s Vodafone seal partnershipBotswana Telecommunications Corporation Limited (BTCL) and South African based Vodafone have signed a non-equity partnership agreement. Read More
Mascom Derby horse race extravaganza for BotswanaMascom is doing it again this year with its annual Mascom horse racing event which has been on the Mascom calendar for at least 10 years. Each year during the Easter holidays, Botswana’s leading mobile telephony provider gets people to Botswana’s tourist resort of Maun for the race. Read More
BIC, Orange Money agree on payment serviceBotswana Insurance Company (BIC) and Orange Botswana have entered into a partnership which will now enable BIC customers to make their premium payments through the Orange Money mobile money service. Read More
Cyber law takes bite at first victimJournalist and blogger Daniel Kenosi has become the first known casualty of the cybercrime law that Botswana's law makers have been trying to put into effect. Read More
Innovative BAC Stand gets an A++ at BTE Fair 2015Botswana Accountancy College (BAC) which recently unveiled two new industry technology courses received top accolades among several other international awards for their exhibition stand at the Botswana Tertiary Education Conference and Fair 2015 (BTEF). Read More
Fibre rollout seeks stakeholder participationImplementers of new BoFINET projects dubbed Wholesale Wi-Fi and Fibre-to-the-X are calling on all relevant stakeholders to team up with them to help the projects take shape. Read More
College joins tech world with new coursesNew Era College of Arts, Science and Technology has introduced two new degree programmes “to respond to the skills shortage in Botswana’s business economy,” said Gagan Chawlar, the college’s communications person. Read More
BotswanaPost launches Money Order Corridor to South AfricaAnother trans-border money transfer deal has been revealed by BotswanaPost. This time, Botswana has targeted South Africa after completing a successful deal with ZimPost of Zimbabwe. Read More
FEATURED STORY2bn priced out of internet access
A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.
COMPANY NEWSMicrosoft 4Afrika launches Biz4Afrika online SME hub
Microsoft 4Afrika used the opening of the Connected East Africa event in Diani, Kenya today to launch Biz4Afrika, an online hub providing Kenyan small and medium enterprises ...