Search / M-pesa
Live betting in Tanzania: A growing trend
The digital savannah of Tanzania is teeming with a new kind of thrill, one that unfolds in real-time and keeps the pulse racing - live betting. Gone are the days when wages were placed before a match ...Published: 17 Nov 2023 at 14:06hrs | 21 | by Staff Reporter
Mastercard and Network International Pioneering Africa's digital payment revolution
Civilization has transformed trading and commerce from the prehistoric means which involved barter trades facilitated by the item-to-item exchange. The discrepancies and inconsistencies of goods valu...Published: 12 Apr 2021 at 12:27hrs | 4 | by Staff Writter
Africa Gaming Industry and its Potential Growth
A few years back, Africa seemed a less profitable market for most online businesses, especially overseas brands that had their sights on more developed markets. However, time has shaped the continent'...Published: 15 Feb 2021 at 08:16hrs | 43 | by Staff Writer
Online casino on the rise in Africa
Casinos were previously associated with Las Vegas, Nevada in the US but the trending is quickly spreading to various other parts in the world. African countries has not been left behind in the elite g...Published: 29 Jul 2019 at 14:03hrs | 5 | by Staff Writer
Price, tariff tragedy of regulated sectors
OVER the past year or so we have seen inflation pressures escalating in Zimbabwe. The latest figure of 59,39 percent for January has invoked fears among Zimbabweans who do not want a repeat of the las...Published: 25 Mar 2019 at 11:04hrs | | by Staff reporter
Strive Masiyiwa upbeat about Econet offshoot
Econet Wireless founder Strive Masiyiwa says spinning off Cassava Smartech from the telecoms business will attract a different type of investor to the ones who have traditionally invested in the telec...Published: 25 Nov 2018 at 08:38hrs | | by Staff reporter
EcoCash crash shows the vulnerabilities of going cashless
Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left ...Published: 05 Jul 2018 at 18:49hrs | | by Tawanda Karombo / qz.com
Banks set to cut transaction costs
The cost of mobile and internet-based financial services is set for a significant drop after Government directed that the charge for Unstructured Supplementary Service Data (USSD), the technology plat...Published: 21 Jun 2018 at 06:47hrs | | by Staff reporter
Arthur Mutambara pursues fourth industrial revolution
THE so-called fourth industrial revolution can only succeed if all sectors are involved in its approach, says academic and former deputy prime minister of Zimbabwe Professor Arthur Mutambara."...Published: 07 May 2018 at 10:12hrs | 5 | by African News Agency
Telcos, banks profit from cash shortages
When Kenya initiated the mobile money revolution through M-Pesa a decade ago, few gave it a chance of success.But then it did succeed, and phenomenally so.Spurred on by that success, S...Published: 16 Apr 2018 at 08:32hrs | | by Staff reporter
NetOne to recruit more agents
STATE-OWNED mobile telecommunication operator NetOne has embarked on a drive to recruit an additional 1 000 agents to be part of its OneMoney team.NetOne public relations officer, Mr John Nyas...Published: 08 Jan 2018 at 06:16hrs | | by Staff reporter
Zimbabwe's mobile money services 'bigger than M-PESA'
ZIMBABWE'S mobile money platforms are forecasted to surpass the impact of the globally-renowned M-PESA launched in East Africa a decade ago. The lofty projections by Supa Mandiwanzira, the Sou...Published: 15 Nov 2017 at 05:17hrs | | by Staff reporter
OneMoney launches in Bulawayo
Government says Zimbabweans should embrace mobile money as part of the global trend towards cashless transacting.ICT, Postal and Courier Services Minister Supa Mandiwanzira said this yesterday...Published: 12 Nov 2017 at 07:36hrs | | by Staff reporter
NetOne launches OneMoney platform in Bulawayo
STATE-OWNED mobile telecommunication operator, NetOne, has extended its mobile money service campaign to Bulawayo with the launch of its OneMoney platform set for today.NetOne, which is celebr...Published: 10 Nov 2017 at 04:54hrs | | by Staff reporter
Why I feel inspired about the future after my recent trip to Africa
We face an exciting - but uncertain - time ahead. The disruption of the Fourth Industrial Revolution will echo across our time and change every facet of work and life over the coming decades. We will ...Published: 27 Sep 2017 at 14:18hrs | | by Steve Tzikakis, SAP President EMEA South
Africa's quest for a cashless economy gains momentum
Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors When she needed to transfer money to a f...Published: 30 May 2017 at 21:28hrs | | by Kingsley Ighobor
'Zimbabwe should focus on digitising money'
Mobile money expert and chief executive of TransferTo Eric Barbier has said digitising currency as a national agenda should be at the forefront of the dialogue to alleviate cash shortages....Published: 03 Nov 2016 at 09:55hrs | | by Staff reporter
Health Care in Africa: What Next?
In the war between humanity and disease, perhaps the greatest victory of recent years took place in Africa. At the turn of the millennium, serious analysts expected HIV/AIDS to kill up to half the peo...Published: 12 Oct 2016 at 07:40hrs | 1 | by Robert Guest and Slavea Chankova
Zimbabwe frustrate MTN, Safaricom entry
Government is blocking South African and Kenyan telecom giants -MTN and Safaricom from operating in the country to shield local firms.The country has three mobile network...Published: 28 Jul 2016 at 17:56hrs | | by Thobekile Zhou
Kenyan diaspora sends 1 million money transfers with WorldRemit
Kenyans living abroad have now sent one million money transfers via the remittance service WorldRemit.With the WorldRemit app or website, the diaspora can send safe, instant transfers to Kenya...Published: 27 Jul 2016 at 11:50hrs | | by Lamide Danmola
Prophet demands sex from followers!
Residents of Kiambu County, Kenya, took to the streets on Tuesday to protest against the conduct of a self-proclaimed prophet who had been demanding sexual favours from his female followers.Za...Published: 09 Jun 2016 at 16:24hrs | | by Staff Reporter
'Prophet' demands sexual favours from followers
Kiambu - Residents of Kiambu County, Kenya, took to the streets on Tuesday to protest against the conduct of a self-proclaimed prophet who had been demanding sexual favours from his female followe...Published: 09 Jun 2016 at 14:21hrs | | by Staff reporter
Mobile payment service introduced in South Africa
Unbanked South Africans in rural communities and townships can now access a variety of financial services through MobiCash, a recently introduced mobile payment services platform.According to ...Published: 23 May 2016 at 07:28hrs | 1 | by MobiCash creates wider channels for users to transact without withdrawing funds, says MobiCash's Donald Mudenge.
SimbaPay announces single money transfer of up to $45,000 (USD) to Africa
LONDONm - SimbaPay is revolutionizing the remittance space through its official announcement of raising the single transaction limit to a whopping $45,000. This is substantially higher than the previo...Published: 03 May 2016 at 18:26hrs | | by APO
SimbaPay expands Africa Remittance Service to more EU Countries
LONDON - SimbaPay (www.SimbaPay.com), a leading digital money transfer provider, has expanded its instant Africa money transfer service to 5 new EU countries. The new countries are France, Germany, Ir...Published: 29 Feb 2016 at 12:58hrs | | by APO
Mobile money: the next global communications platform
Mobile money is on a journey.What started as a simple way of paying people using a phone is on the cusp of becoming the next global communications platform. Not just a means of buying goods an...Published: 17 Nov 2015 at 20:18hrs | | by Alix Murphy, Senior Mobile Analyst, WorldRemit
Gemalto prepaid EMV banking cards extend reach of Vodacom m-pesa mobile wallet in SA
Vodacom becomes the first mobile operator to initiate the large-scale rollout of an EMV banking card that is accepted anywhere Johannesburg - Gema...Published: 20 Jan 2015 at 09:34hrs | 4 | by Tech Reporter
Reaching for new heights
Information and communications technology takes agriculture to a new level in Zimbabwe Charles Dhewa loved to write about agriculture, especially soil ...Published: 24 Jan 2014 at 23:17hrs | | by Munyaradzi Makoni
Strive Masiwa wants to turn Zimbabwe into a cashless economy
FORTUNE - Zimbabwean telecom tycoon (and the country's only billionaire) Strive Masiyiwa has been called a "global business influential," a "face of New Africa," and the "Bill Gates of Africa." He con...Published: 23 Jan 2014 at 07:00hrs | | by CNN
Africa's mobile youths drive change, Cell phones reshape youth cultures
The sight of teenagers selling mushrooms using mobile phones is becoming a familiar one in rural Namibia. Namibia Polytechnic faculty member Maurice Nkusi, designer of a cell phone√¢‚Ǩ‚Ã...Published: 06 Jun 2013 at 13:16hrs | | by Jocelyne Sambira
Econet settles $85 million of the $137.5 million licence renewal fees
Econet Wireless Zimbabwe's licence was renewed and licence period extended to 20 years while the licence renewal fee was set at $137.5 million, group CEO Douglas Mboweni told an analyst briefing yeste...Published: 31 May 2013 at 10:45hrs | 15 | by Business reporter
Econet to remain dominant in Zim telecoms sector
FINANCIAL and equity analysts, IH Securities, believe Econet Wireless will remain the dominant company in the telecommunications sector, despite seemingly losing about 9,3 percent of the market share...Published: 15 Apr 2013 at 05:27hrs | 1 | by Business reporter
Investing In Africa
Africa is a continent with significant untapped economic potential, which presents opportunities for investors. It is the second largest continent, with an estimated area of 30 368 609 Km2. In th...Published: 16 Mar 2013 at 13:05hrs | | by Perry Munzwembiri
Econet continues to innovate
As it continues on its path to diversify income streams, it was recently reported that Econet Wireless, Zimbabwe's largest telecommunications company, is to extend its footprint into South Africa, wi...Published: 07 Mar 2013 at 07:20hrs | | by Business reporter
Technology: the new paradigm in Zimbabwe banking?
What is different about Zimbabwean banks? Ours is the only country in Africa whose banks are not attracting foreign investor interest, why? Those who follow African markets could have noticed that in ...Published: 12 Feb 2013 at 11:47hrs | | by zfn
When the unintended so damages!
There is something I don't understand about our Government and our leaders. This Wednesday we had the Prime Minister's spokesperson telling Minister Chinamasa off for pointing out that the Prime...Published: 13 Jan 2013 at 06:07hrs | | by Nathaniel Manheru
Econet surpasses 1 million mobile money subscribers
Econet Wireless announced weekend that it has surpassed the 1 million mark in 'connected' users for its EcoCash mobile money service. The milestone, the company says in the announcement (a thank you...Published: 12 Mar 2012 at 19:57hrs | | by L S M Kabweza
Cross-border telephone remittances increase in Africa
More people in Africa's poorest countries have mobile phones than have bank accounts. That reality is spurring mobile service companies to explore how they can capture a share of the potential banking...Published: 24 Jan 2012 at 13:28hrs | | by Anna McGovern
Kenyans use social media to mobilize support for drought victims
Julie Gichuru is an award-winning Kenyan television journalist rated by Forbes business magazine in 2011 as one of "20 youngest powerful women in Africa." Ms. Gichuru has a reputation as an engaging T...Published: 13 Dec 2011 at 16:31hrs | | by Kingsley Ighobor
Microfinance: What role in Africa's development!
The honeymoon with microfinance is over. Since the idea of lending small sums of money to poor people was pioneered by Grameen Bank in Bangladesh, the approach has been taken up by many non-government...Published: 24 Aug 2011 at 18:26hrs | | by David Mehdi Hamam and Oliver Schwank
FBC Bank introduces MasterCard Prepaid services
FBC Bank has begun offering a MasterCard Prepaid service that enables locals to shop online across various platforms worldwide. In a campaign dubbed 'Load & Go' the bank initially introduced th...Published: 18 Aug 2011 at 13:57hrs | | by Clinton Mutambo
Load More Stories
