NamITprepaidz, the empowerment company within the NamITech stable of operations, celebrated the printing of the 100 millionth Vodacom prepaid voucher this month, a feat remarkably achieved within four years.
The company specialises in the secure printing of prepaid vouchers - whether paper- or plastic-based - and working closely together with NamITech`s Telecommunications division. It has been the sole supplier of vouchers to Vodacom since the day the large cellular network operator entered the prepaid market.
"NamITprepaidz was established to take advantage of the expanding prepaid vouchers market and was created by NamITech selling 18% equity to previously disadvantaged managers within the company," explains Nelson Mwale, managing director of NamITprepaidz.
"Since the company`s inception, we have focused tightly on the secure printing of prepaid vouchers for the cellular communications industry and have three plants dedicated to this process, one exclusively for Vodacom."
Nikki Kettles, managing director of NamITech Telecommunications, expands: "Vodacom is a strategic client for us and due the success of the Vodacom business, we have been able to grow geographically and now supply 17 network operators throughout Africa with vouchers. Export demand is continually increasing and NamITprepaidz has focused one of their plants solely on this market. And applications for prepaid vouchers are only going to expand, even crossing over into other industries such as the provision of electricity."
Mwale maintains that NamITprepaidz has always been committed to delivering on Vodacom`s requirements. Any strategic decision around the business has been based on that commitment and it has proved to be an important factor in the success of the venture.
But this achievement is not all about business, as Mwale conveyed in the speech he presented at a lunch held in Cape Town recently to celebrate the 100 millionth voucher. "Through this close business relationship with Vodacom, over 200 jobs have been created. Young members of our workforce have been able to buy houses and provide better for their families. They also have a sense of achievement from their participation in this venture. NamITprepaidz is committed to continually seeking out opportunities for improvement, with benefits to be shared by all."
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NamITech (Pty) Ltd is the secure technology provider within the established Nampak group of companies, focusing on a number of key market areas to provide leading-edge technology solutions.
NamITech Telecommunications is the largest division within the company and specialises in the provision of GSM SIM cards, prepaid vouchers, starter packs, fulfilments and services aimed at increasing an operator`s revenue stream such as m-commerce and electronic reload.
At the heart of the company is the provision of secure end-to-end business solutions and the development and implementation of value-added applications stemming from the intelligent use of smart cards and the latest technology. NamITech`s core areas of expertise are secure card technology, payment solutions and enterprise security solutions. Trust is embedded in all its business solutions and NamITech brings accountability to the converging world of electronic transacting and commerce.
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