[kictanet] Safaricom shuts down cash for Bonga Points platform

[Ali Hussein]

Safaricom has disabled a phone code that was being used to trade in Bonga Points by a Nairobi-based IT firm.

Onfon Media developed the code, *981*400#, that it was using to buy the loyalty points from Safaricom subscribers at Sh0.20 each and selling them for Sh0.35, hence earning a return of 75 per cent.

Read on 
http://www.businessdailyafrica.com/Corporate-News/-/539550/2055474/-/xk1n6az/-/index.html

There should be a healthy debate on whether doing this is the right thing to do by Safaricom and whether it is anti-innovation...

I for one wouldn't mind some cash event for my thousands of bonga points...:)

Ali Hussein

+254 0770 906375 / 0713 601113

"Kujikwaa si kuanguka, bali ni kwenda mbele" (To stumble is not to fall but a sign of going forward) - Swahili Proverb

Sent from my iPad
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