Safaricom’s MPESA and Airtel Kenya’s Airtel Money subscribers can now transact up to Kshs 500,000 via their mobile money accounts following an approval by the Central Bank of Kenya (CBK). The higher account limit will [c]
Six days after announcing that Anwar Soussa would exit his position as the CEO of Safaricom Ethiopia at the end of July 2023, the telco has followed up with an update, stating that Wim Vanhelleputte [c]
Safaricom Telecommunications Ethiopia has been granted the license to operate mobile money services in Ethiopia. The licence comes seven months after the telco launched its commercial GSM services in the country. The M-PESA license will [c]
The HELB mini app on MPESA will enable the beneficiaries to access their HELB upkeep, withdraw funds, repay loans, apply for subsequent loans, view their loan status and access their statements all from an Android and iPhone app. [c]
Mobile money services have transformed the lives of many people in Africa but taxation policies pose a significant challenge to the financial inclusion gains made by these innovations. In an increasingly digital economy, accelerated by [c]
The M-Pesa SSOC will support M-Pesa operations in Tanzania, the DRC, Mozambique, Lesotho, Ghana as well as future markets the service expands to. M-Pesa platform operations in the five markets were previously being handled across several points in Africa and Europe and the SSOC brings the entire platform in-house to a single point in Kenya for the first time. [c]
Safaricom has announced reduction in charges for paybill and business to customer tariffs in an effort to ensure affordability and mitigate the prevailing economic challenges faced by customers. In the new changes, Bank to M-PESA [c]
New research from Vodafone Group, Vodacom Group, Safaricom, and the United Nations Development Programme (UNDP) indicates that the successful deployment and adoption of mobile financial services is associated with a positive impact on GDP growth [c]
Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the Fuliza overdraft facility in a move that will see customers transacting on Fuliza access the overdraft facility at a free daily maintenance fee [c]
Mara, the pan-African blockchain platform, has announced the launch of the “Hack The Mara” competition which will take place from September 17 to 26, 2022, as part of its commitment to inspire developers to “build [c]
Showmax has announced revamped prices of its mobile subscriptions bought and paid for via M-PESA. This will see customers enjoy lower prices on two Safaricom mobile data packages that come bundled with a 30-day Showmax [c]
Safaricom is set to launch commercial operations in Ethiopia within the year as part of the company’s regional expansion efforts to provide modern telecommunications services to over 112 million Ethiopians. In readiness for the commercial [c]
Kenya’s mobile network operators – Telkom, Safaricom, and Airtel – have announced the interoperability of their mobile money service platforms, allowing Kenyans to make mobile money payments to a Lipa Na M-PESA Buy Goods Till, [c]
Safaricom has announced a partnership with the government to facilitate mobile money transfer to drought-stricken households in 23 Arid and Semi-Arid Land (ASAL) counties as a drought response intervention. The collaboration with the State Department [c]
Jumia, Africa’s e-commerce platform, has announced the appointment of one of Africa’s most powerful and influential women in Kenya, Betty Mwangi, as the firm’s new CEO in Kenya. Ms Mwangi takes over the leadership mantle [c]
They say every cloud has a silver lining, and the Covid-19 pandemic seems to be inspiring the growth of digital financial services if the recently released financial results of the region’s largest commercial bank and [c]
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