Zimbabwe's central bank has banned mobile money agencies from facilitating cash withdrawals or deposits.
The southern African nation is struggling to deal with a worsening...
Kenya plans on increasing taxes on mobile money transfer services as the country makes efforts to increase its revenue base.
The new proposed tax hikes...
MTN, Africa's biggest mobile operator, is gunning to become Africa's biggest bank. The ambitious business strategy was revealed by MTN CEO Rob Shuter yesterday during the Deloitte Africa in 2018 Outlook conference in Woodmead.
"The core digital service that we have decided to put our money on is Mobile Money," said Shuter.
Mobile Money is really about leveraging the strength of the brand and leveraging the strength of the distribution because we have built a huge informal distribution network for prepaid airtime to bring customers into a transactional banking system."
Almost 200,000 Kenyan households, many headed by poor, rural women, have lifted themselves out of poverty using mobile money services, experts said on Thursday,...
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
