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Kenya Revenue Authority Now Targets Mobile Money to Smoke Out Tax Cheats
The Kenya Revenue Authority (KRA) is seeking access to individual and companies' mobile money transaction records in a move that is intended to open a new front in the fight against tax cheats.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Sports Betting in Kenya Lifts Vodafone Mobile-Money Volumes
Kenyans using mobile-money platform M-Pesa to bet on the outcome of sporting events helped Vodafone Plc’s unit in the East African country boost transaction volumes by 48 percent in the past year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Opinion: Why … Rio de Janeiro’s 2016 Olympic Games Must Not Proceed
Zika infection is more dangerous, and Brazil’s outbreak more extensive, than scientists reckoned a short time ago. Which leads to a bitter truth: the 2016 Olympic and Paralympic Games must be postponed, moved, or both, as a precautionary concession.
- Categories
- Health Care
- Region
- Latin America
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Stanford University Business Program Takes Root in East Africa
Building on the success of its program in West Africa, Stanford Seed (http://www.gsb.stanford.edu/seed/home), the Stanford Institute for Innovation in Developing Economies, has announced the launch of the Seed Transformation Program in East Africa (http://www.gsb.stanford.edu/seed/transformation-program/east-africa).
- Source
- Press Release
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Report: India’s United Payments System to Make Mobile Wallets Redundant
The ongoing push by the Reserve Bank to revolutionise banking through the Unified Payments Interface (UPI) will leave mobile wallets redundant, as mobile banking has jumped over threefold in February from the year-ago period, according to a report.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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PayPal Will No Longer Protect Your Crowdfunding Cash
PayPal is changing its purchase protection rules to reflect increasing risks associated with crowdfunding. The new language, which will go into effect in June, state that “payments on crowdfunding platforms” will no longer be eligible for Purchase Protection.
- Categories
- Investing
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Report: Internet Investors Worried About South African Regulation
South African investors believe regulatory policy is inhibiting investment in Internet companies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- regulations
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More Than Half of Surveyed SRI Financial Professionals Are Offering Fossil Fuel-Free Portfolios to Investors
For the first time ever, more than half (51 percent) of surveyed SRI financial professionals are offering fossil fuel-free portfolios to investors, up sharply from 22 percent in 2013 and 42 percent last year, according to The SRI Conference 2016 Fossil Fuels Divestment Survey released today by First Affirmative Financial Network.
- Categories
- Investing
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