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23 Sep

MTN adds Play Lotto functionality to MoMo

The mobile operator is adding more functionality to its Mobile Money platform, which has struggled to gain traction in South Africa.

Sep 17, 2020

MTN Eswatini cuts data prices as kingdom adopts MoMo

The mobile operator has reduced postpaid data bundles by 70%, while its prepaid package has been reduced by 32%.

Sep 8, 2020

COVID-19 drives African states into cashless societies

Cash may have traditionally been king, but the coronavirus pandemic is contributing to a faster pace of mobile money adoption across the continent.

Sep 4, 2020

MTN accepts Ghana High Court ruling on dominant market status

The company acknowledges the duty and powers of the regulators to promote fair competition among licensed operators.

Aug 4, 2020

Telkom financial services unit seeks to digitise floating cash

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

Aug 3, 2020

Positive reaction to Telkom’s financial services adventure

The telco moves into the competitive financial services space, promising to offer financial solutions to empower businesses and individuals.

Jul 30, 2020

Data, fintech services boost MTN Nigeria in half-year

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

Jul 24, 2020

MTN expects to double profit for six months to June

The telco’s earnings per share include the benefit from gains on the disposal of towers in Uganda and Ghana.

May 14, 2020

MTN records Q1 group growth as SA lags

In the first quarter, the company added 2.9 million active data users across its operations on the continent.

Apr 29, 2020

MTN Nigeria defies COVID-19 pressure, posts double-digit growth

The company says the impact of COVID-19 on its first quarter performance was not significant, except for delayed orders.

Apr 24, 2020

COVID-19 hits Africa remittances, World Bank urges digital platform use

The World Bank projects a 20% decline in global remittances, urging service providers and authorities to introduce measures to ease use of mobile money platforms.

Apr 6, 2020

Vodacom, Safaricom conclude M-Pesa brand takeover deal

The transaction will accelerate M-Pesa’s growth in Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand.

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