News
Vodacom raises operating growth target
Vodacom Group upgraded its medium-term operating growth target to mid-to-high-single digit on Tuesday after reporting a 3.7% jump in full-year earnings.
Browsing: M-Pesa
Fintech
Safaricom in talks to bring M-Pesa support to Amazon.com
Safaricom of Kenya is holding talks with Amazon.com about the use of mobile money service M-Pesa on the e-commerce giant’s platform.
News
Vodacom’s Safaricom reports earnings decline on pandemic fallout
Kenya’s Safaricom posted a drop in its full-year core earnings as the impact of Covid-19 cut revenue from financial services and calls, though it predicted a recovery based on second-half numbers.
News
MTN values mobile money arm at R75-billion, eyes listing
MTN Group is valuing its mobile money arm at R75-billion, joining African wireless carriers planning to list these businesses in a region that has more mobile money accounts than anywhere else in the world.
Fintech
Pandemic spurs Africa’s mobile operators to ramp up banking plans
Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.
Sections
Telkom Kenya wants regulatory help to deal with Safaricom dominance
Telkom Kenya has called on the industry regulator to ensure a level playing field, weeks after the company abandoned plans to combine operations with Airtel Africa’s domestic unit.
Cryptocurrencies
Why crypto money should terrify governments
Every generation or so, money goes through an evolutionary shift, and 10 years from now the fiat currencies currently in use will be regarded as relics of a bygone age, much like the fax machine.
In-depth
Vodacom’s plan to leapfrog its rivals (again)
Not enough attention is paid to the extent to which Vodacom, the country’s largest mobile operator, leverages resources from (and executes the global strategy of) parent Vodafone.
In-depth
Mobile phones are replacing bank accounts in Africa
Mobile money is the fastest growing source of income for network operators such as MTN and Safaricom, outpacing data.
Fintech
MTN SA looks to rival cash with mobile money relaunch
MTN South Africa is making “good progress” in its plans to relaunch mobile money services in South Africa, according to group CEO Rob Shuter.