“Happy families are all alike; every unhappy family is unhappy in its own way.” So reads the opening line of Leon Tolstoy’s Anna Karenina. The novel comes to mind when looking at the prospects that confront mobile money. Success stories have many similarities, but failed efforts fail for their own
Browsing: Safaricom
M-Pesa has seen an impressive uptake for Vodacom in Tanzania, but the telecommunications operator has struggled to get a solid footing for the mobile money platform in its home market of South Africa. Part of the reason for success in Tanzania, where
How is this for ambitious? Vodacom in South Africa is hoping to sign up 10m subscribers to its M-Pesa mobile banking and payments platform within the next five years. To put that in context, the cellular operator managed to
Will it be a case of second time lucky for Vodacom? The mobile operator has finally relaunched M-Pesa, the mobile payments platform that has proved enormously successful in Kenya and Tanzania, in South Africa, hoping it will
Nigeria plans to double investment in the information and communications technology (ICT) sector from US$25bn to $50bn in the next few years, according to the West African nation’s communication technology minister, Omobola Johnson. Johnson said that her ministry and the Nigerian Communications Commission
Mobile money system M-Pesa, a service that originated in Kenya through Safaricom, in which Vodafone has a 40% stake, is making its way to Europe for the first time. The service is be introduced in Romania, reportedly the first time a mainstream mobile money service has made
Somalia will be getting access to next-generation 4G/LTE services through Glocall Telecoms LLC, which has announced plans to deploy a network in Mogadishu. Glocall Telecoms and its subsidiaries plan to deploy the 4G network to schools, government buildings, businesses and individuals. Somalia is one of the world’s least connected
The CEOs of Kenya’s four mobile operators, Safaricom, Orange Telkom, Airtel and yuMobile, have been warned they could face arrest for failing to disconnect unregistered Sim cards on their networks. The warning follows reports that police are trying to trace
DStv operator MultiChoice is facing fresh allegations of anticompetitive behaviour, this time in Kenya, after rivals Wananchi Group and StarTimes accused the broadcaster of anticompetitive abuses in locking up key football rights. Wananchi Group, which owns Zuku TV, has written to
South Africa appears to be losing its status as the preferred investment destination on the continent for international technology companies. That honour, increasingly, is going to Kenya, which may be on the cusp of a technology-fuelled era of economic growth. When apartheid ended in