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MTN Mobile Money Customers Could Soon Earn Interest
Speaking at the company’s annual media forum to interact with editors and stakeholders, Mr. Asante said discussions were already underway with partner banks to set the modalities on how much interest to be paid and the criteria for qualification to earn an interest.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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This Is a Great time to Be a Woman Entrepreneur, Says Activist
Having spent 35 years of her career in the field of communication, publishing and digital media, Melanie Hawken decided to take a different path altogether—harnessing her communications experience to pull the audience of African women entrepreneurs. She founded a women entrepreneurs’ think-tank, ‘Lionesses of Africa’. Within a year, the organisation has managed to reach over 100,000 inspirational women entrepreneurs from across the continent. The target is to assist one million African women entrepreneurs to unlock their business potentials by 2018. During the recent Global Women’s summit in Kigali, Hawken talked to The New Times’ Athan Tashobya about her ambitions to share, inspire and connect women entrepreneurs across Africa and also weighed in on what Rwanda’s women empowerment policies mean to the continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Zimbabwe Launches National Financial Inclusion Strategy
The Reserve Bank of Zimbabwe through various stakeholders is aiming to increase the level of access to formal financial services within the country to 90 percent from 69 percent while improving the proportion of financially included small business to 80 percent by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Future of Mobile Wallets in India
Digital payment service providers are competing fiercely, offering attractive offers and unrealistic discounts. Is this the making of another bubble?
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Mobile, Agency Banking Driving Bulk of Transactions and Loans for Kenyan Banks
Kenyan banks are reaping big from innovative mobile products and strategic partnerships that are fueling acquisition of new customers and revenue streams even as technology renders some jobs redundant.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Kenyans Abroad Shun High Interests Rates With Diaspora-Founded Bank
Kenyans in the diaspora are shunning high interest rates and remittance costs charged by local banks with the launch of a microfinance institution.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Low-Cost TB Test for HIV Patients Can Save Thousands of Lives
A low-cost urine test that detects tuberculosis in people living with HIV can save thousands of lives, many of them in sub-Saharan Africa, a Cape Town University researcher said on Wednesday.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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PWC to Liquidate Troubled Microfinance Company DKM’s Assets to Pay Back Depositors in Ghana
PriceWaterhouse Coopers is to liquidate the assets of troubled microfinance company, DKM, to raise money to payback depositors whose monies were locked up with the company, the Governor of the Bank of Ghana said Tuesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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