Prepaid electricity sales surge 59% via FNB
South African bank says customers are increasingly looking to control their utility costs.
Simnikiwe Mzekandaba
1:30
‘Most South Africans use cellphone banking to buy airtime’
Cellphone banking use surged from 28% in mid-2012 to 37% in 2013, says World Wide Worx.
0:50
FNB plans East Africa expansion for cellphone banking
Tanzania is set to become the first market in that region to get the service.