Zim ban on mobile money challenged in court

2019-10-04 19:44

Cassava Smartech, majority-owned by local business mogul Strive Masiyiwa, has taken the Reserve Bank of Zimbabwe to court over the ban of its mobile money product that allowed customers to deposit (cash-in) and withdraw (cash-out) using their mobile phones.

Zim's EcoCash announces new transaction limit

2017-08-03 13:00

EcoCash, a mobile payment solution owned by Econet Zimbabwe, has announced another reduction of its monthly transaction limit for its EcoCash debit card.

Kenya refuses to break up mobile money pioneer

2017-03-06 10:46

Kenya’s government opposes using regulation to force East Africa’s biggest mobile operator Safaricom to be broken up.

Mobile money on the rise in Africa as millions get phones

2016-10-31 11:38

Mobile money on the rise in Africa as millions get phones; 'In effect, this is their bank'

MTN SA kills mobile money service

2016-09-15 16:16

Phone network MTN South Africa has moved to discontinue its mobile money offering, owing to what it says is a “lack of commercial viability”.

New mobile payment system for SA

2016-05-13 16:57

Townships and spaza shops in South Africa have access to a new mobile payment system, days after Vodacom announced that it’s shutting down its M-Pesa business.

Vodacom to shut down M-Pesa business

2016-05-09 10:12

Mobile network Vodacom South Africa has moved to shut down its sluggish mobile money transfer service M-Pesa.

Stolen phone? Cracked screen? What now?

2016-01-18 15:43

Here are 5 tips to avoid financial disaster after a technological mishap.

Sarb allows Econet mobile money remittances to Zim

2015-06-12 11:21

Zimbabwean expats in South Africa now have another means to send money back home as the EcoCash mobile money platform switches on cross-border payments.

MTN, Vodafone ink mobile money deal

2015-04-21 10:27

Transfers between M-Pesa and MTN mobile money users in East Africa are set to become a reality.


MTN launches mobile money operations in Nigeria

2019-08-29 21:47

Africa's largest telecommunications service provider MTN on Thursday became the first firm in the sector to launch a mobile money operation in Nigeria, a move opening up transfers to millions of people without bank accounts.

How revenue will double in Africa by 2020, driven by mobile payments

2017-04-20 07:44

Revenue from transactions involving Africans will double by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home, says WorldRemit.

Cwele: Everyone should have access to internet

2016-11-16 17:46

Minister of Telecommunications and Postal Services, Siyabonga Cwele believes that the internet and technology is a vital resource that must be accessible to all South Africans regardless of their background.

SA e-wallets 'going strong' despite mobile money shutdowns

2016-09-27 11:38

Experts believe there is a demand in South Africa for electronic wallet solutions, despite the recent shutdown of two major mobile money services,.

EXCLUSIVE: MTN SA halts new mobile money sign-ups

2016-09-02 16:10

South Africa’s second largest mobile network by subscribers, MTN SA, has stopped signing up new mobile money customers as it studies the feasibility of the product.

Why Vodacom M-Pesa has flopped in SA

2016-05-09 11:51

South Africa’s advanced banking sector and a lack of demand are key reasons for the local failure of Vodacom’s mobile money product M-Pesa, says an analyst.

Vodacom SA reviewing its sluggish M-Pesa business

2016-03-15 10:25

Mobile network Vodacom South Africa is considering various options for its sluggish mobile money transfer service M-Pesa.

FNB eWallet transactions hit R1bn mark

2015-09-02 09:58

Money sent via First National Bank’s mobile money solution eWallet topped R1bn for the first time ever in July 2015.

Banks under threat from ‘FinTech’ startups

2015-06-08 13:29

Traditional financial institutions are possibly under threat from technology businesses that are starting to shift their attention banking-type services, according to an expert.

Why mobile money should matter to government

2015-04-03 10:00

Mobile money has the potential to close South Africa's financial access gap, says an expert.

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