Category Archives: MTN

Mobile Money Tithing

Last week Family Bank announced the launch of a new product called M-Kanisa which allows church faithful to send their tithes and contributions to their Churches via mobile phone.  It works with Safaricom’s M-Pesa’s paybill and offers convenience and speed for church members who need to meet their tithing obligations to their churches or institutions.

For the church, it needs to open a bank account and share the paybill account with their congregation and the Church will also get Immediate notification via SMS when tithes and offerings are deposited into the account.

Another mobile money church service, discovered via Twitter, is ZionCell which works on the Airtel Money from rival provider Airtel. With this one, Church members can also sign up for insurance cover, receive daily devotional messages, health & financial messages and there are additional benefits of merchant account discounts and a Zioncell debit card. Their site appears to show that almost 3,000 different churches, affiliated to the Kenya Assemblies of God, and the Deliverance Church, are signed onto Zioncell.

EDIT From Swaziland, here’s a link to a story about a tithe contribution arrangement between MTN and two local church groups.

Business Rumours from South Africa

Barclays Kenya to become Bank Absa?
Barclays and Absa are planning to create the biggest bank in the African market. In a second phase to the transaction, Barclays plans to sell its African businesses outside of SA to Absa which is expected to happen within the next two years.

MTN coming to Kenya?
MTN is committed to following its growth roadmap in Africa, despite hurdles associated with investing in the cellular telecommunications sector on the continent. Behind the scenes, MTN is finalising a deal in East Africa.