Cigicell, a subsidiary of Blue Label Telecoms, has won a third-party distribution and vending agreement for prepaid electricity with the City of Cape Town.
“We were awarded the City of Cape Town municipality tender in July this year and commenced vending prepaid electricity tokens on 1 August on our own license,” says Alan Kodesh, CEO of Cigicell.
“Essentially, we have a license to vend prepaid electricity tokens via our group’s point of sale devices, in the formal and informal retail sectors as well as a license for cell phone vending directly to consumers.”
“We believe consumers want convenience and security and we can now offer them the latest technology in terms of recharging their prepaid electricity meters,” he adds. “Consumers in Cape Town can now register within two minutes and purchase prepaid electricity by doing an EFT payment or cell phone banking payment, from their own bank account, without the risk associated with credit cards and divulging personal information.”
“We are looking forward to working with the City of Cape Town to maintain and improve service delivery to their consumers, in a municipality which has the largest footprint of prepaid electricity meters in South Africa,” Kodesh adds.