The telco sees a significant increase in subscribers, with the addition of 3.9 million customers in the third quarter, bringing total subscribers to 75 million.

The money transfer service drops remittance fees by half on every transaction to Zimbabwe and offers digital banking accounts with zero transaction fees.

Victor Ndlovu and Paul Opie have joined Ukheshe Africa.

The local crypto-currency exchange takes the big four bank to court for allegedly putting pressure on Zapper to close the exchange’s account.

Ralph Mupita, currently MTN’s group CFO, assumes duty next month, taking over from Rob Shuter, who will be heading to UK’s BT Group next year.

The South African microbanking platform plans to use the challenge to drive its objectives of reaching Africa’s unbanked.

The organisations want to help support SA’s tech start-up ecosystem and develop innovative solutions for the financial services industry

The telco says its newly-launched financial services division aims to digitise the cash that is still floating in the economy.

Demand for data and digital services grew significantly, but the telco experienced a decline in demand for voice services in the mass market segment.

The black-owned fintech firm offers free personal and business accounts that allow users to build an online store to sell their products and services.

From humble beginnings in a London flat in 2005, tech start-up Mukuru’s journey has been one of turning challenges into opportunities for innovation.

The funding will allow ProfitShare to partner with more small and medium businesses to provide much-needed capital to catalyse growth.