Malawi Stock Exchange-listed integrated mobile network operator, TNM, on Thursday concluded its Osaphweketsa Mpamba promotion which saw Nkhata Bay-based businessman, Backford Lwazi, winning the grand prize of K1million.
Lwazi, a Mpamba agent, could not hide his excitement in an interview after the draw. He could, however, not indicate what he would do with the windfall.
The final draw of the promotion,conducted in Blantyre, also saw two other customers winning K500,000 each while another three pocketed K300,000 each.
TNM Head of Division – Mobile Money— Chikhulupiliro Mphatso, said the promotion had a positive impact on the firm’s business growth.
He said the promotion received an overwhelming response from customers as evidenced by a significant rise in Mpamba-related transactions.
“We are satisfied with impact of the promotion on both the subscriber base and transacted volumes,” Mphatso said.
He said the promotion also lived up to its objective of rewarding customers for their contribution to the growth of mobile money and financial inclusion.
According to Mphatso, this signifies the essential role that Mpamba plays in digital financial transactions.
Each fortnight, five other customers were walking away with K100, 000.