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MTN Uganda to float 20% of shares on securities exchange

The move is in line with the group’s priority to create shared value, partly through ensuring broad-based ownership in its operating subsidiaries.

Sep 9, 2021

MTN in mobile money offensive with Flutterwave partnership

This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money.

Sep 3, 2021

Standard Bank targets bulk of Africa’s payments with Unayo

The bank introduces the Unayo digital platform, aiming to connect the continent’s informal market to financial services.

Aug 23, 2021

MTN taps Turkcell for new Ayoba head

Burak Akinci is named CEO of Simfy (Ayoba), reporting to MTN Group chief digital and fintech officer Serigne Dioum.

Aug 20, 2021

Digital wallets give rise to African ‘super apps’

Across the continent, digital wallets have evolved into so-called super apps, which have diversified beyond money management, says Omdia.


Over-regulation is killing mobile money in SA

While SA has largely embraced technology innovations, the country has yet to conquer the mobile money conundrum, as it’s caught in the grip of excessive legislation.

Aug 12, 2021

MTN quits multibillion-rand Syrian operations, seeks compensation

The group initiates an exit of Syria, abandoning its operations, as regulatory actions and demands make operating in the market untenable, says CEO Ralph Mupita.

Aug 2, 2021

MTN Nigeria sheds 7.6m subscribers as regulator clamps down

The stringent regulations on new SIM sales and activations in Nigeria cost the telco millions of mobile and data subscribers.

Jun 21, 2021

Device insurance lifts Telkom’s fintech unit in financial services race

The telco says it put in motion a campaign to promote its financial products and will launch new services in the next 12 months.

Jun 4, 2021

MTN targets 100m fintech users in new Africa strategy

The telco aims to reach the fintech subscriber goal in the next five years and grow the unit’s service revenue contribution to the group from 8% to 20%.

May 25, 2021

MTN in aggressive MoMo push on home turf

The telco says it’s only natural that it includes its home market in its fintech plans and has already started recruiting thousands of agents to roll out Mobile Money.

May 19, 2021

MTN, IFC in R28m MoMo deal; to recruit 10 000 agents

The alliance will target the unbanked and underbanked population of SA through establishing a strong network of Mobile Money agents in the country.

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