Zanaco, ZAOU partner on e-payments
INTERNET| July 17, 2012, 8:05 a.m.
By Edith Mwale, Lusaka, Zambia
The Zambia National Commercial Bank (Zanaco) Plc has signed a partnership with the Zambian Open University (ZAOU) on the use its electronic payment platform dubbed 'Bill Muster'.
The partnership will see students from ZAOU use Zanaco's Bill Muster platform to pay for their fees from the bank's outlets across the country.
ZAOU board chairperson Maxwell Sichula said the service could not have come at a better time, as information and communication technologies were widely recognised as potential tools for socio-economic development and catalysts for the emerging knowledge economy.
He said: "Let us all embrace ICT because it has an impact on society and the economy, both as an industrial production sector and through the demand effect it has on other economic sectors and society including, of course, the education sector.”
Zanaco managing director Martyn Schouten expressed excitement at the bank's continued efforts to ensure that students are offered convenient ways of paying their fees.
He said: "We are excited that we are adding value to students, in terms of the quality of education they are receiving from the ZAOU.”
Schouten said with the Bill Muster solution in place, the university will focus on its core business of providing quality education to the students while the bank will take care of its specialty which is the provision of efficient cash management."
He added: “We are satisfied that we are helping ease the inconvenience associated with paying school fees, such us spending a lot of time in queues."
MORE INTERNET NEWS
Mziiki takes free streaming music from Africa across the globeThe Mziiki African music streaming service offers an extraordinary and diverse array of African musical talent alongside international content, and all for free. Read More
Half the world will be online by 2017A new report on broadband access worldwide says 50% of people will have internet access by 2017, but the lowest levels of access are still in sub-Saharan Africa. Read More
PWC: Internet to generate most media spend across AfricaIncreased Internet access will generate more consumer spend than any other media product or service in the next five years in the South African entertainment and media industry, according to a report issued by PwC. Read More
Telecom Namibia launches 120Mbps FTTP high-speed broadbandTelecom Namibia has launched new unlimited high speed broadband service with speeds up to 120Mbps in certain parts of the country. Read More
DRC: 80 million people, few ISPsWith only around 20 ISPs operating in DRC, users report a lack of competition and high prices. Read More
Schoolboy named SA’s Social Media Star of 2014.Schoolboy Nadav Ossendryver, who founded the Kruger Sightings website when he was just 15, has been awarded for building his wildlife sightings service into the most viewed YouTube channel based in South Africa. Read More
Pamoja, Symantec unite on African cloud ecosystemPamoja, a leading cloud services company and aggregator for Symantec’s cloud range of security services, will, together with Symantec, host a partner information session in Nairobi, Kenya to launch their cloud services. Read More
1bn minutes through Nigerian interconnect exchange carriersWorld Telecom Labs (WTL) today announced that more than 1 billion minutes have passed through its specialist 2nd generation VoIP switches deployed by five of Nigeria’s interconnect exchange carriers. Read More
SEACOM introduces NAPAfrica Remote Peering serviceSEACOM has launched a NAPAfrica Remote Peering service that enables NAPAfrica members connected to at least one NAPAfrica exchange point to easily peer with all NAPAfrica exchange point members, across SEACOM’s South African IP/MPLS backbone. Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHiProcure delivers inputs to farmers’ doorsteps using ICTs
An innovation dubbed iProcure is already being used by several agro input firms which are now relying on it to distribute their products to farmers.
COMPANY NEWSSchneider Electric signs exclusive off-grid solar distribution agreement with Zimbabwean firm
Schneider Electric has announced the signing of an exclusive agreement with Samansco, a Zimbabwean renewable energy, back-up power and appropriate technology company.SAP Innovation Helps The Global Fund Fight AIDS, TB and Malaria in Africa
Extending a longstanding partnership, SAP is a founding member of The Global Fund’s new Innovation Coalition to support disease prevention and treatment.