Mukuru.com Launches Money Transfer From S.A To Botswana

UK based online money transfer company Mukuru.com has launched money transfer to Botswana. The company has offices in Cape Town was found to make money transfer into Africa easy and largely focused on Zimbabwean Clientele.

It’s expansion is progressing despite a highly regulated market which is dominated by bigger players. Michael Cook the marketing manager at Mukuru said the company charges a standard flat rate of 10%. The clients in S.A. can use their mobile phones to place an order by dialing *130*567# or use the Mukuru app or mobi site. Then they pay for their order at any major retailer like pick and pay, Shoprite and spar.

Their recipients in Botswana will then be able to collect cash instantly from any SMH Bureau de Change brand. SMH has three branches: two in Gaborone at Game City and Airport junction Shopping Center and the third is located in Kasane.

South Africa is one of the most expensive countries from which to send low-value remittances specifically to its neighboring countries in SADC.