Old Mutual has partnered with TNM Mpamba, a development that will see premium payments for Old Mutual being paid using TNM Mpamba. TNM Mpamba General Manager Chikhulupiliro Mphatso said the initiative represents an extension of the partnership between TNM Mpamba and Old Mutual dating back to 2016 when the two companies launched Mpamba FESA, an investment product available through Mpamba.

The new service, is also available to all Old Mutual retail products holders with the following policies; Tsogolo Savings Plan, Timba Family Plan and Timba Plus. Acting Managing Director for Old Mutual Life Assurance Company, Tawonga Manda said: “Old Mutual’s partnership with TNM Mpamba gives Old Mutual policyholders the option to pay their premiums conveniently. This partnership will enhance the much-needed financial discipline that has been a challenge for many of our customers. Customers will simply convert their cash into electronic value and pay premiums from anywhere and anytime.” said Mphatso

The Acting Managing Director for Old Mutual Life Assurance Company, Tawonga Manda remarked that the partnership with TNM Mpamba gives Old Mutual policyholders the option to pay their premiums conveniently. “This partnership will enhance the much-needed financial discipline that has been a challenge for many of our customers. Customers will simply convert their cash into electronic value and pay premiums from anywhere and anytime.”