Vodacom is buying a 34,9% indirect stake in Kenya’s largest mobile phone operator, Safaricom, from its parent company Vodafone. The South African-listed telecommunications group is buying 87,5% of
Browsing: M-Pesa
A recently published study on the long-run effects of mobile money on economic outcomes in Kenya provides some valuable insights that will benefit economic development and financial inclusion policies across Africa. The study found that increased
Excessive regulation, a business model that tried to do too much too soon and trust worries among consumers. These are the reasons Vodacom’s M-Pesa and MTN’s Mobile Money failed in South Africa, according to the CEO
Four months after rival Vodacom South Africa pulled the plug on its mobile payments platform M-Pesa, MTN South Africa is doing the same with its Mobile Money offering. The move by MTN comes just two weeks after news emerged that
Visa, the world’s largest payments network, introduced a mobile phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest
outh Africa’s second largest mobile network by subscribers, MTN South Africa, has stopped signing up new Mobile Money customers as it studies the feasibility of the product. In 2012, MTN partnered with the South African Bank of Athens
Rob Shuter’s background in banking and his experience running a multi-territory operation for a large global telecommunications operator make him an ideal candidate to take the reins at MTN Group next year
In the wake of Vodacom’s decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market, Brian Richardson, CEO of Wizzit International, has
The news that Vodacom South Africa is planning to drop the M-Pesa mobile money transfer service has come as a surprise to many analysts considering the huge success it has seen in many
Vodacom South Africa has announced it is pulling the plug on its struggling mobile payments platform M-Pesa. Despite the enormous success of M-Pesa in markets such