Mobile Money

Jul 24, 2020  |  Zimbabwe: Econet Given Reprieve As Court Stays Govt. Search Warrant

Following its appeal to the courts for a stay order on the Zimbabwe government’s search of its business premises, executives at Econet and its mobile financial services arm - EcoCash - are delighted that the court has granted them the ...


Apr 23, 2020  |  Malawi Telecoms Operators Waive Mobile Money Fees In Response To COVID-19

In response to the coronavirus (COVID-19) pandemic, Telekom Networks Malawi (TNM) and Airtel Malawi have scrapped user fees on all personal transfers within the same network for the next three months. The companies have confirmed that they have removed 100% ...


Apr 13, 2020  |  South Africa: MTN Waives Mobile Money Fees

MTN has rolled out MoMo social bundles in South Africa, at the lowest-ever social media data bundle prices the telco has offered to date – and it announced that it is waiving fees for MoMo cash services. The introduction of ...


Apr 10, 2020  |  Telkom Kenya Shuts Down 25,000 Mobile Money Agents

Telkom Kenya has shut down approximately 90 per cent of its mobile money agent division T-Kash. The move comes after a recent push by the telco to revamp its fintech unit in a harsh market environment, even as it admitted ...


Safaricom And Vodacom Complete M-Pesa Acquisition From Britain’s Vodafone – Reports

Kenya’s largest telecoms provider Safaricom and South Africa’s Vodacom have released a joint statement announcing that they have completed the acquisition of the leading mobile money platform M-Pesa from Britain’s Vodafone in a new joint venture that they believe will ...

MTN Cameroon Suspends Mobile Money Charges To Curb Coronavirus Spread

MTN Cameroon has decided to suspended charges on selected mobile money transactions within its network for one month, beginning on the 20th of March 2020. The management of Cameroon’s largest telco said that the move is part of its response ...

Airtel Kenya Waives Mobile Money Charges To Combat Covid19

Airtel Kenya has announced that it will scrap the transaction fees for mobile money services for the next 90 days, in hopes of easing the financial burden of self-isolating from the current global Covid19 pandemic. According to a report published ...

Kenya: Safaricom Scraps Mobile Money Fees In Wake Of Covid-19 Pandemic

Kenya’s telco Safaricom on Monday announced that it would waive fees on its mobile money transfer service M-Pesa for all transactions below $10. On Sunday, Kenya’s President Uhuru Kenyatta asked the country’s banks and mobile money providers to consider decreasing ...

Orange Rolls Out Mobile Money Offering In Morocco

Orange has rolled out its Orange Money range of financial services in Morocco, extending the reach of its financial footprint across the Middle East and Africa. Orange Money will allow Moroccans to process mobile payments and transfer money using their ...

Safaricom Sues Data Company After $200K M-Pesa Loss - Reports

Safaricom has reportedly sued East African Data Handlers, a company it had hired to manage its mobile money payment platforms, following the massive loss of clients’ money amounting to $200 000.00. The cash was lost over two years ago in ...

Zimbabwe's NetOne And ZIMRA Collaborate In Mobile Money Deal

Zimbabwe’s state-owned telecommunications operator, NetOne has entered into a collaboration with Zimbabwe Revenue Authority (ZIMRA) that will allow individuals and corporates to use the mobile financial services payment platform, OneMoney when paying taxes. Speaking at the launch, NetOne’s CEO Lazarus ...

MTN Launches Mobile Money Service For Second Time In South Africa

MTN officially launched its mobile money service, MoMo, in South Africa for the second time last week Thursday. The big question for the operator at this time is if all the lessons learnt in bagging 30-million users across other African ...

Vodacom Tanzania To Launch Mobile Money Transactions To M-Pesa Accounts

Vodacom Tanzania has partnered with the digital money transfers company WorldRemit to enable nine million users of the M-Pesa mobile money platform to receive money directly to their e-wallets from family and friends living abroad. Using the WorldRemit app, Tanzanians ...

South Africa: MTN To Roll Out Mobile Money Service In The New Year

MTN has announced that its mobile money service, MoMo is set to go live in January 2020, allowing subscribers to save, spend, send and receive money as well as pay for services and goods using their mobile phones. The announcement ...