Tag Search : Mobile Money

Mobile Money  |  MTN Values Its Mobile Money Unit At US$5.15 billion

South African multinational mobile telecommunications company, MTN Group, has assessed its units following Mastercard and TPG Holdings investments of R4.38 billion (US$300 million) in Airtel Africa’s mobile money business at R39 billion (US$2.65 billion) valuation. MTN Group valued its mobile ...
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Mobile Money  |  Cameroon Rolls Out Mobile Money Aggregation Platform For Financial Inclusion

On 26 November 2019, Minette Libom Li Likeng, Cameroon’s Minister of Posts and Telecommunications signed a decree clarifying the conditions and operating rules of Unstructured Supplementary Service Data (USSD) for general access to Cameroon’s national electronic communications’ aggregation platform. This ...
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Zim Govt Says Tax On Mobile Money Transactions Will Remain -Reports

Zimbabwe's Finance Minister Mthuli Ncube said that the 2% tax on electronic and mobile money transactions would remain in place despite a recent High Court ruling against the legal instrument behind the levy. The intermediate levy on electronic transactions in ...