By Ncaba Ntshakala
Kuguga lotsandzako!
Pensioners are eyeing opportunities to become agents for Instacash following the company’s participation in the recent Pensioner’s Day held at Manzini Club.
The event was a social engagement, where various entities shared valuable information with the pensioners. During the event, Instacash Managing Director Mandla ‘Cheeks’ Nxumalo presented an enticing proposition to the attendees.
When addressing the audience, Nxumalo highlighted the agency programme as a gateway to business ownership for individuals across the country.
“Instacash is availing business opportunities, and the reason you do not see an agent in your area is an opportunity that you can be an agent,” he told the retirees, many of whom showed enthusiasm for the idea.
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Instacash has established itself as a player in Eswatini’s mobile money sector, which offers accessible financial services tailored to various demographics.
Nxumalo shared that through its agency model, the company provides aspiring entrepreneurs with a chance to earn commissions by facilitating mobile money transactions.
This initiative was hailed as it resonates particularly with pensioners seeking meaningful post-retirement activities and additional income streams.
To become an agent, interested individuals were told that they need a trading license or a letter of approval from their local chief, seed capital to kickstart operations, and a valid ID for verification..
“This is a wonderful opportunity to grow the organization together,” Nxumalo said, where he emphasized how the program aligns with the bigger goals of financial inclusion and economic empowerment.
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Pensioners at the event expressed excitement about the possibility of self-employment, noting that it would allow them to stay active in their communities while contributing to their households.
Moreover, beyond personal benefits, the agency promises to expand financial services to remote and underserved areas, which was said to support Eswatini’s financial inclusion goals.
