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Trustco, Cell One Venture Comes Under Spotlight

Home Archived Trustco, Cell One Venture Comes Under Spotlight

By Desie Heita

Windhoek

The communication regulator and the financial institutions supervisor have expressed reservation on the operational technicality of Trustco Mobile, a joint product between Cell One and Trustco Group.

Launched last week, Trustco Mobile sells virtual mobile airtime on behalf of Cell One. The airtime is sold in exchange for a one-month life cover insurance to consumers, which could be up to N$100?