Sharp Daily
No Result
View All Result
Saturday, June 21, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Inside Safaricom’s Plan To Deduct Bonga Points For Okoa Jahazi Settlement

Sarah Wamaitha by Sarah Wamaitha
March 8, 2023
in News
Reading Time: 2 mins read
Safaricom CEO Peter Ndegwa

Safaricom CEO Peter Ndegwa [Photo/Courtesy]

Safaricom will automatically deduct Bonga Points from customers who don’t pay their Okoa Jahazis. The telco wants to use this to reduce the millions of shilling worth of rising debts owed by Bonga Point.

With its implementation, the company will be in a position to collect past-due airtimes. it was noted that some clients have more than five cell lines with unpaid airtime.

Safaricom imposes a 10 percent advance fee on okoa Jahazi. All Safaricom prepay users are eligible, and client limits increase each time they purchase airtime.

Read: Safaricom Set To Unveil M-Pesa Services In Ethiopia

RELATEDPOSTS

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

With client limitations increasing each time they purchase airtime, it is accessible to all Safaricom prepay users. Previously, Safaricom chose to impose an expiry date on the Bonga points due to its users, a decision that was reversed indefinitely in the middle of implementation.

Unclaimed Bonga points would have automatically expired as a result of the Bonga points’ viability being suspended.

Read:5 Ways You Can Benefit From Safaricom’s Bonga Points Before Expiry

The decision to have loyalty points expire was explained by Safaricom as a business decision to encourage redemption.

Despite the company expanding the options for redemption to include the purchase of shares at the Nairobi Securities Exchange (NSE), airtime, phones, and even plane tickets, the value of outstanding or unredeemed points has been rising over the years, reaching Ksh4.5 billion in March 2022 from Ksh3billion in 2015.

Over the last seven years, the outstanding value of unclaimed points has doubled,  from Ksh2.2 billion in 2015 to Ksh4.5 billion this year.

The loyalty programme, launched in January 2007, awards customers one Bonga point for every Ksh10 spent on the Safaricom network on the phone, mobile data, and SMS and for every Ksh100 spent on the network for M-Pesa transactions.

The more you use your Safaricom line, the more points you get and the bigger the rewards. Bonga points can be redeemed at any Safaricom Retail Center countrywide.

How to Activate Bonga Points

To enroll, check or redeem your Bonga Points, simply dial *126# and follow the prompts. You will receive a confirmation SMS once enrolled and you automatically get 10 free points.

If you register your personal information when enrolling to Bonga, you will automatically be rewarded 30 Free points. You can register your personal information at any Safaricom Retail Centre or through Safaricom’s Customer Care service.

How Okoa Jahazi Works

Eligible subscribers dial *131# or *456*2#, and select the amount of Okoa Jahazi you want to borrow. On successful subscription, the subscriber will receive a confirmation SMS message.

Once you opt into the Service, you will be credited with the amount of Okoa Jahazi subscribed to when you initiate a call and the airtime threshold gets below Kshs. 5/-. A notification message will be sent to you to confirm the award of the amount received.

Email your news TIPS to editor@thesharpdaily.com

 

Previous Post

Insecurity In North Rift Is An Economic Problem

Next Post

Foreign Affairs CS Alfred Mutua Inks Multimillion Deal With Iran

Sarah Wamaitha

Sarah Wamaitha

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

How bushy can a bush safari get?

June 20, 2025

Understanding SPVs

June 20, 2025

Why small investments are a power move

June 20, 2025

Social consequences of the tax relief for gamblers

June 20, 2025

How E-Tendering can reshape public procurement in Kenya

June 20, 2025

Unlocking long-term wealth with the power of compounding

June 19, 2025

HealthCare investment trends and insights

June 19, 2025

Saving vs Investing

June 19, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024