Value Of Unclaimed Bonga Points Hits Ksh 4.5 Billion, Safaricom Sets An Expiry Date

By Juma / Published November 23, 2022 | 9:39 am

KEY POINTS

“Effective January 1, 2023, all Bonga points older than three years will expire and will be unavailable for redemption,” said Safaricom in updated terms and conditions for the loyalty program, with those who have many points told to redeem.

KEY TAKEAWAYS

Safaricom made it possible for Kenyans to purchase shares from the listed companies at the Nairobi Securities Exchange (NSE) using Bonga Points. Kenyans can also redeem their points for phones, and pay for goods and services among other things

The value of unclaimed Bonga Points by Safaricom has hit 4.5 billion shillings. The giant telecommunications company has now introduced an expiry date as a way of encouraging Kenyans to redeem their points.

According to Safaricom, all Bonga Points will now expire after three years. This means that those with Bonga Points from December 2019, will lose them on January 2023, a move that the Telco says will jolt those with the points to redeem.

“Your Bonga points will also expire immediately in the event that your line has been deleted as a result of inactivity and in accordance with the terms and conditions for the use of the Safaricom services,” added Safaricom in a statement.

What can you do with your Bonga Points?

Buying goods at an outlet: January is still on and chances are that your pockets are dry. You do not have to worry if you have Bonga Points. You can purchase goods at a supermarket or where they are accepted.

Buy shares at the NSE: This is the most important of all things that Bonga Points can do. Imagine buying shares from Safaricom or EABL using Bonga Points. Imagine that? This actually an opportunity for many people to invest. Do it.

Pay for utilities: With Bonga Points, utilities such as water and electricity will not weigh heavy on you. At the same time, you can also pay for NSSF and NHIF.

Voice, Data, SMS: This is the most common one. If you run out of airtime or data, the easiest way is to purchase them using your Bonga Points. It saves time and money at the same time.

GOtv and DStv: You can also use your Bonga Points to pay for GOtv and DStv.

About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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