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Weekly Roundup – Walter Peck Had a Point: Why regulators and entrepreneurs sometimes have to ‘cross the streams’
There were plenty of supernatural bad guys in the movie Ghostbusters, but the villain you probably despised the most was the overbearing EPA agent Walter Peck. But while he may have been a jerk, his efforts to regulate the Ghostbusters were absolutely justified. We (somehow) tie the film to recent events in Uganda’s mobile money industry in this roundup.
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- Uncategorized
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10 Key Issues Shaping Mobile Money in Africa: Takeaways from the Mondato Summit Africa
Africa is ground zero of the mobile money revolution, a rapidly developing and exciting – but often chaotic and confusing – space. Last week, some of the top names in the industry gathered in Johannesburg at the Mondato Summit Africa to bring some clarity to its present and future. We’ve put together 10 key takeaways from the event.
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- Agriculture, Health Care, Technology
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A ‘Small Revolution’ in Ecuador?: The world’s first national e-money platform has reshaped the ecosystem – but will a government-led model work?
In December, the government of Ecuador launched the world’s first state-run e-payment system. The platform addresses the interoperability problem that has plagued the mobile ecosystem in other countries, and it’s affordable to the poor - though questions remain about whether a top-down approach will prove effective. The experiment could have repercussions for other countries in the region.
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- Uncategorized
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Ugandan court says mobile money illegal, but no jurisdiction
A court has pronounced that mobile money business operated by the five major telecommunication companies is illegal - a judge dismissed the case, however, because it was instituted in the wrong court.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Ecuadorian Banks Must Adopt Official Electronic Currency – or Else
While companies worldwide are embracing the rise of decentralized cryptocurrency bitcoin, Ecuadorian officials have chosen to make local banks adopt a home-grown state digital currency — whether they like it or not.
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- Uncategorized
- Region
- Latin America
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Alibaba’s B2B Plan Could Change the World of Cross-Border Commerce
Alibaba is a huge fan of the B2B business model. The eCommerce conglomerate, which has overhauled China’s B2C online shopping industry, has launched several initiatives within the B2B market, including partnerships in other Asian economies to launch wholesale eCommerce services in Thailand, Vietnam and Malaysia. The company has also fostered B2B eCommerce startups through its competitionrecently held in Hong Kong to promote innovation and progress in the industry.
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- South Asia
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- regulations
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Weekly Roundup – The Obligations That Come With Trading in Trust
Global health organizations trade in trust. One way to earn that trust is to function in a transparent way. Doing so can slow processes and increase workloads, but recent cases show that the extra effort is worth it.
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- Health Care
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- regulations
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Safaricom Safe From Being Declared Market Dominant in Kenya, Regulator Says
Kenya's competition regulator said it won’t impose penalties on mobile-phone company Safaricom Ltd. to limit its market dominance as there’s no evidence to suggest the company has abused its position.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
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