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Zoona is here to stay…but not as you know it.

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The world of financial services has moved away from money transfers to a focus on mobile money and other products entering the market. So at Zoona, we have listened to this change and have been busy shifting our strategy into helping businesses have better access and reach. We have recently closed investment backing this new shift in strategy and are now executing on our new plans.

Our Zoona agent network and the entrepreneurs operating them remains critical and we are currently streamlining it to a smaller, stronger network of agents who are reliable, liquid & well trained. Our strategy is, quality not quantity. ​We are focused on making more partner products available at a Zoona booth; we’re in partnership with Mukuru to provide international money transfers and for Atlas Mara, Tenga & MTN we are providing deposits & withdrawals (with further partner wallets in the pipeline)​. We are dedicated to increasing partner product access nationwide via our agent network.

We are also delighted to announce the launch of our new financial technology (Fintech) spinoff ​Tilt which is also focused on serving business customers. Under Tilt we have developed a new bulk payment platform, where customers, employees or beneficiaries can access cash at any Zoona, Kazang or Afrivance agents nationwide. Our Tilt partnerships have resulted in $37 million in value being transacted over the platform between July and September in Zambia. As we continue to engage with mobile network operators and banks to facilitate payments onto wallets and accounts, o​ur business customers will have a full suite of cash and digital payment offerings available to them. Please visit www.tiltafrica.com for more information.

As we shift Zoona and introduce Tilt to collectively serve business customers, we are looking forward to connecting with many more partners to help solve customer problems within the market. We believe interoperability, and increased cash and digital payment options is the future, and together we can change the way Africa transacts.

Issued by: Brad McGrath, CEO of Zoona Group.

Business

MultiChoice launches GOtv Stream in Zambia. A new way to experience the best of sports and entertainment!

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NO stranger to bringing entertainment into homes across the nation, MultiChoice is expanding its online offering, by introducing GOtv Stream to GOtv customers across Zambia.

“It is no secret that more and more people are leaning toward streaming services to experience uninterrupted entertainment that’s uninhibited by infomercials and ads. GOtv Stream is just another way MultiChoice Zambia is continuing our trend of upward innovation, as we strive to evolve with our audiences and their viewing needs.”, says Leah Kooma, Managing Director, MultiChoice Zambia

MultiChoice and DStv have already made their presence in the digital space with their online platform – DStv Stream, and now GOtv customers can enjoy the same user-friendly, and personalized streaming at their fingertips. The new feature allows viewers to seamlessly watch their favourite programmes and other content on electronic devices, keeping them connected at any time and from anywhere.

Ms Kooma reiterates that, “You may recall, GOtv was officially launched in Zambia on 5th September 2011, and now with the introduction of GOtv Stream customers will enjoy a great online service. What drives innovation for us, is providing our customers with the content they love, in the way that best suits them. As the home of the best sports and entertainment we will continue to deliver unrivalled value and choice for our customers”.

She adds: “GOtv Stream is an online service that will allow all GOtv customers take a subscription and enjoy our content anywhere and at any time. The launch of GOtv will allow us to expand our online offering and bring more great entertainment closure to the customers”.

Some of the functionality available are; Live TV, TV guide, CatchUp, use on up to four devices, downloading content to devices, and Live Chat. All paid up GOtv customers, with an internet connection can download and use GOtv Stream for free – available on Google Play Store or the Apple App Store.

(Mwebantu, Saturday, 2nd December, 2023)

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Business

Government secures an equity partner for Mopani Copper Mines

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FOLLOWING the ongoing negotiations to revamp operations at Mopani Copper Mines on the Copperbelt, Government has finally secured an equity partner.

The Equity partner being International Resources Holdings (IRH) an affiliate of Abu Dhabi Conglomerate International holding was selected after an extensive process.

The process was undertaken by ZCCM-IH, together with Rose Child and Company, a company based in South Africa.

In carrying out the process of revamping the mine, which started last year in June, the process focussed on assessing Mopani’s balance sheet due to high level indebtedness and also finding a suitable partner for sustainable development.

Announcing the development, Mines and Minerals Development Minister Paul Kabuswe said the selection of an equity partner will help restore life back into Mopani.

“I wish to announce and I am so glad and exited to announce that after extensive and thorough process, Government through the directors of ZCCM-IH have appointed a strategic equity partner for Mopani. The preferred partner selected is International Resource Holding Limited an affiliate of Abu Dhabi Conglomerate International holding company,” he said.

He said the partner selected is expected to inject funds into Mopani to stabilise short term work requirements, completion of the mine projects and unlock its potential.

Mr Kabuswe also stated that the equity partner will also reset the existing relationship with Glencore.

He further added that other details of the development at Mopani will be announced in due course when signing of the deal is being made.

(Mwebantu, Friday, 1st December, 2023)

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Business

Over 30 people trapped after a mine accident in Chingola

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MORE than 30 people are believed to be trapped in an open pit mine in Chingola district on the Copperbelt after a mining accident.

Minister of Home Affairs and Internal Security Jack Mwiimbu said the affected are trapped as a result of earth collapsing and has since asked the nation at large to put the affected in prayer.

Mr Mwiimbu speaking in Parliament said more than 30 people are trapped and the rescue team is on site

“May I just inform the nation that we have a tragedy that is brewing in Chingola where a number of our people have been affected by a collapse of the open pit in Chingola. We have more than 30 people under the rubble and we are struggling to retrieve them. We would like to ask all of us to put our citizens in prayer,” he said.

(Mwebantu, Friday,  1st December,  2023)

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