-
M-Pesa Mulls Joining Nigeria’s Mobile Money Market
Safaricom, a major player in the East African Telco market and mobile money operator, will be considering its prospects in the West African zone with Nigeria as the key driver.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
M-Pesa Remains Primarily a Payments Tool, a 2019 CGAP Survey Reveals
The survey has revealed that an average M-PESA net balance is less than KES 1,000 ($10) and this figure remains constant whether the user has a bank account or not. These balances were the same across employment types and income levels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Viewpoint: Regulators Walk the ‘Mobile Money’ Line
Banking-by-phone is on the rise, and so are the risks of anti-competitive behaviour and money laundering.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Vodacom Poised to Widen M-Pesa Availability
“We think it’s time to level the playing field and so it doesn’t matter how big your GSM base is, customers should be able to access our service,” he added. “We very much see M-Pesa becoming like an OTT service.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Kenya Regulators Warn MPs on Safaricom Split Bill
The issue of competition in Kenyan market is an issue politicians and regulators have regularly investigated over the last two years, with calls to spin-out mobile money units nothing new.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
The Return of Michael Joseph at Safaricom
Following his appointment by the board as the interim CEO, Kenyans on social media argued that the company should have appointed a Kenyan, with one of the firm’s executives trending on Twitter.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
M-Pesa, Airtel Money Set for Split in New Bill in Kenya
Safaricom, Airtel and Telkom Kenya will be required to split their telecommunications business from their mobile money transfer and lending units if a Bill set to be presented for debate in Parliament is passed into law.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Vodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
The deal, for 12 million euro ($13.4 million), will allow both companies to save in royalties paid to Vodafone.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
Parent Organization
