Press Corp ‘war’: National Bank, TNM collide on mobile charges in Malawi

In a more like case of children of the same father fighting to get recognition, telecommunication giant TNM has withdrawn from National Bank of Malawi (NBM) mobile phone platform after disagreements on charges. Both companies are subsidiaries of conglomerate Press Corporation Limited (PCL).

Mijiga:

Mijiga: TNM  no longer on NBM platform

Nsapato

Nsapato: No immediate comment

NBM has been flighting radio adverts that starting at noon Tuesday, June 9, 2015, its mobile phone transaction platform Mo626 will only be on Airtel for free and not TNM.

Insiders said the bone of contention is the charges that TNM wanted NBM to be charging its customers of up to K30 per session. Initially, customers were paying nothing to access the facility.

“I think TNM are being greedy, they cannot just wake up and start charging people K30 per session,” said an NBM official who did not want to be named.

NBM Head of Strategy, Marketing and Corporate Affairs Wilkins Mijiga confirmed that TNM is no longer on their platform as of noon on June 9, 2015 but declined to give more details.

“Please note that Mo626 will not be available on TNM from 12 noon of today, 9th June 2015. The service is still available on Airtel for free,” said Mijiga.

TNM Public Relations and Sponsorship Manager Limbani Nsapato could not be reached for comment.

Both companies belong to PCL and of late NBM has been contributing billions of kwachas to its shareholders than TNM.

PCL officials were also not available for comment.

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justice chilungamo
Guest

National Bank as a company has every right to terminate deals or not get into any if the same has potential for compromising their business

Black and white
Guest

I am a customer of a bank which is still using 18th century technology so have no idea on what this debate is all about kkkkk

bad
Guest

what is MO626? Never heard of it, never used it and I am not interested in ever using it.

SAPITWA
Guest

NDAKHUMUDWA NAZO KWAMBIRI MONGA INE MMODZI MWA CUSTOMER WA NATIONAL BANK KOMASO TNM IFE TINAXOLOWELA MO626 TSONO MUFUNA KT TIGULE # YA AIRTEL COX OF MO626?NONSES!!!!!!!!!!!!!!

makwinjaishmael
Guest

We are leaving in a world of business.With all this taxes/tariffs, let tnm be charging what it feel to necessary to be charged or else, Inunso a NBM mudziwatchaja a TNM ngat amagwilitsa ntchito ma service anu kapena mungowaletsa asamabanke kwanuko!, oh look at me,how am i thinking!.

mphini za mutchafu
Guest

National bank is careless and thoughtless for taking a private business deal to the public anakangokambirana with Tnm rathrr than making tnm as if they worse sinners thanks tnm for not vommenting to national bank and their mijiga’s trivia

BigMan
Guest

National bank shouldn’t dictate prices as if TNM dictates to them the interest that it pays when using its services. Both should just negotiate in good faith instead of going to the media with stories that aren’t worthy of the attention.

citizen okwiya
Guest

@ Ngwazi : maso a Mijiga ali ndi vuto kwambiri so that his glasses are so adapted. Mwina munene frame koma. LOL

Tembusha
Guest

Chikaonda should just resign now!

Thomas Taimu
Guest

This is total bullshit from TNM if what we are being told is the truth. What is the cost of an sms for them to demand K30? Why not charge just the cost of sms is they are too hungry for money but again that would be another bullshit. They are felling down trees and contributing to deforestation and environmental degradation just to print recharge vouchers. Why are they not charging a fee there and want instead to punish people who think green by transacting electronically. Does TNM has management that went to school?

wpDiscuz

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