Arab Today, arab today dr congo banking on wage revolution for state workers
Last Updated : GMT 11:15:04
Arab Today, arab today
Arab Today, arab today

DR Congo banking on wage revolution for state workers

Arab Today, arab today

Arab Today, arab today DR Congo banking on wage revolution for state workers

Kinshasa - AFP

For civil servants working in the Democratic Republic of Congo, the arrival of mobile banking has been just short of a miracle. Aside from getting paid on time, workers are now receiving what is actually owed to them, circumventing greedy superiors who used to dip into their pay envelopes to \"tip\" themselves and leave staff with only a fraction of their salaries. \"The first time, they\'re surprised\" to see what they actually make, Hassan Wazni said, managing director at Sofibanque -- one of about a dozen banks offering mobile banking accounts in the conflict-torn Congo. For the impoverished central African country the size of western Europe, the introduction of the service represents a minor revolution and comes about a year after Prime Minister Augustin Matata Ponyo vowed to end the practice where state workers were paid in cash. With an average annual revenue of $240 (185 euros) per person, most Congolese had never visited a bank before, let alone had an account. Like a number of other countries in Africa and Asia that had only a tiny network of bank branches but where mobile phones are now ubiquitous, Congo opted for mobile banking. No smartphones are needed. Clients can pay bills, make deposits or conduct other transactions via text messages. Many shops, even in rural areas, have the equipment and can take deposits, make withdrawals or make sales with transactions confirmed by the clients with their phones. \"It\'s very practical,\" said Barthelemy Bosongo, who works at the Youth and Sports Ministry. \"Everyone likes it\" even though there were a few hiccups with spelling of names at the outset. So far some 270,000 state employees have received bank accounts, and by June all one million civil servants should have their accounts. A year ago, only 2 percent of Congo\'s 75 million population had bank accounts, now, that number is at 5.7 percent -- thanks mostly to the government push to provide them to civil servants. Widespread banking is important for economic development, and while the amounts many Africans hold in their accounts is small, the do add up. Sofibanque\'s Wazni noted that in Kenya some $7 billion now flows through the mobile banking system every year. Mobile banking should put a dent into the corruption that victimised even state employees. According to the head of a non-governmental organisation which works with the Congolese army, it was common for state workers and soldiers to end up with the equivalent of about $5 after their $60 salaries had passed down the hierarchy to reach them. And it is not only the employees who are benefitting, but the state budget. The switch to mobile banking has helped rid out so-called \"ghost workers\", or fictive people who have been added to the payroll so officials could pocket extra cash. According to press reports, 30 fictive schools were recently uncovered in the North Kivu province, allegedly employing 200 fictive teachers. The savings should more than cover the $3.5 fee banks receive from the state to set up each of the accounts, much of is shared with the mobile operators. Godefroid Sizindi, a teacher and labour union activist, says state employees \"are waiting impatiently for pay raises\" from the millions he believes that the government is saving due to less embezzlement. \"Matata promised that the money saved would be used to raise the salaries of state employees. We\'re waiting,\" said Sizindi.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dr congo banking on wage revolution for state workers Arab Today, arab today dr congo banking on wage revolution for state workers

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday