Nedbank has launched South Africa’s first solar bank branch in Mncwasa, 60 km from Mthatha in the Eastern Cape.
In what is a first-to-market in the financial sector, the Nedbank solar-powered branch is aimed at providing convenient banking solutions to a community without banking facilities. It is providing the service through SolarTurtle, a mobile service provider owned by members of the Mncwasa community.
Opening the Mncwasa branch was also a result of a partnership with the Mbhashe Local Municipality, represented by Executive Mayor, Councillor Samkelo Janda, who spoke at the launch. More than 69% of the Mncwasa community is economically inactive and depends on child support grants, with employment concentrated among teachers and small-scale entrepreneurs.
The solar branch is situated in a rural area and will enable community members to access financial services such as cashless banking, and make use of digital-payment solutions through Masterpass, in partnership with Mastercard.
Masterpass is an innovative digital-payment app in the form of a digital wallet that enables faster and safer transactions, as it saves client payment information so that they can make online purchases at the press of a button. The app can be downloaded from the Apple, Android, Blackberry and Windows app stores.
“This solar Nedbank branch will offer cutting edge e-banking technology to an area where banks normally don’t go,” says James van der Walt, CEO of SolarTurtle. “This will allow rural clients to open accounts, receive money from their relatives and even take personal loans so they can buy solar-power solutions for their own homes. All this is done cash-free through a phone, making it safe and secure.”
Currently, there is no local banking facility in the community, and Nedbank says it is committed to uplifting communities by offering facilities for local entrepreneurs to transact safely and conveniently.
“As money experts who do good, Nedbank is committed to making banking accessible to all the communities in which we operate,” says Eastern Cape Provincial General Manager Lonwabo Daniels. “We understand the role that banking services plays in stimulating economic activity and thereby developing communities. It is for this reason that we continue to develop innovative products and services such as the solar-powered branch, which is designed to overcome infrastructure constraints while enabling individuals, families and businesses to realise their goals and full potential,
“This is a wonderful opportunity for Nedbank and we envisage it being a pilot for a potential penetration strategy into Africa.”
Win a Poster Heater with Gadget and Takealot.com
This winter Gadget and Takealot.com are giving away three Poster Heaters, which look like posters but become heaters when you plug them in.
Three Gadget readers will each win a unit, valued at R550 each. To enter, follow @GadgetZA and @Takealot on Twitter and tell us on the @GadgetZA account how many Watts the heater consumes.
What’s the big deal about these heaters? Many of us are struggling to keep the balance between soaring electricity costs and the need to keep warm this winter.
However, the recently launched Poster Heater by EasyHeat and distributed in South Africa by Takealot.com is not only one of the most cost effective electric heaters currently on the market, it is also easy to setup and use.
As the name indicates, it is a poster similar to one you would hang on a wall. But, plug it in and it turns into a 300 Watt heater. The Poster Heater isn’t designed to heat hallways or large rooms, but rather smaller ones like a bedroom or a baby’s nursery or a dressing room.
It uses radiant heating, which means that it heats up in a couple of minutes and the heat is directed at the objects or people around it, quickly taking the chill out of the air and providing a comfortable ambient temperature.
The other advantage of radiant heating is that it doesn’t dry out the air like infrared or gas heaters. Users also don’t have to worry about their children or pets getting too close to it because, even though it gets hot, it can be touched.
To enter the competition follow the steps below:
Competition entry details:
3. The competition closes on 31 July 2018.
4. Winners will be notified via Twitter on 1 August and Takealot.com will be in touch to organise delivery.
5. The competition is only open to South African residents.
Deezer to host Hotstix’s Mandela tribute playlist
Deezer is celebrating Nelson Mandela on the centenary of his birthday by hosting a tribute playlist created by music legend Sipho “Hotstix” Mabuse.
Mabuse, a legendary figure in African music, first rose to prominence in the 1970s with his band Harari and later developed a name for himself as a solo artist. One of his best known songs was the global hit BurnOut in the 1980s.
The playlist takes the listener on a captivating musical journey through the life of Nelson Mandela. It was compiled by Mabuse, who consulted with Mandela’s family and friends to ensure that the music would be relevant and accurate. The playlist also features commentary by Mabuse, which was recorded in his Soweto home.
“I have tried to tell the story of the music that Madiba loved,” says Mabuse. “The Playlist excludes the time in prison obviously, as Madiba would not have had exposure to music in that time. We have focused on the music we know he loved before and after that period. This recording was really an emotional journey for me, but an incredible opportunity to document these memories.”
The playlist features the music the young Mandela loved, such as The Manhattan Brothers, Solomon Linda, Brenda Fassie and Miriam Makeba. It includes struggle songs from Chicco, Johnny Clegg, Hugh Masekela and Yvonne Chaka Chaka. The playlist also includes Mandela by Zahara, one of the younger artists who caught Madiba’s ear.
Mabuse also offers stories of his own songs, such as Shikisha, a song greatly beloved by the former President.
“I was delighted to share my thoughts and hope the listeners enjoyed the musical journey,” says Mabuse. “Madiba did enjoy music immensely and we all have a purpose wherever we are in the world to celebrate culture and to learn from different cultures and music forms and styles.”
This playlist was inspired by the Nelson Mandela 100 campaign, calling on corporates and individuals to act as sources of inspiration and engage in conversation and action.