Fintech
Vodafone gives thought to spinning off M-Pesa
Vodafone Group has hinted it could spin off its African mobile money service M-Pesa after its popularity soared through the coronavirus pandemic.
Browsing: Vodafone
News
MTN mulls another bid for Ethiopia licence
MTN Group will bid again for a Ethiopian telecommunications licence in the second round if mobile financial services are included, its CEO, Ralph Mupita, said on Friday after losing the first round.
News
US sanctions complicate Vodafone consortium’s Ethiopia entry
The consortium’s plans to expand in Ethiopia have been complicated by the US state development agency’s decision to pause investments in the country.
News
MTN, Safaricom bid less than expected for Ethiopia licences
A Vodafone Group consortium and MTN Group submitted bids for permits to operate in Ethiopia that were much less than what was sought by the government, people with knowledge of the matter said.
News
Vodacom sees fintech opportunity with VodaPay ‘super app’
Vodacom Group is expanding its financial and e-commerce services in South Africa through a partnership with AliPay, seeking to accelerate growth in a market hampered by a lack of new broadband spectrum.
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.
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
Ethiopia lost out on R7-billion in telecoms licensing: PM
Ethiopia’s decision to exclude mobile money from the terms of two new telecommunications licences cost the government about R7-billion from bid levels, Prime Minister Abiy Ahmed said.
News
Vodacom, MTN groupings formally submit bids to enter Ethiopia
Ethiopia received bids for telecommunications licences from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry.