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.
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.
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.
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.
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.
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.
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.
FNB eWallet will be hard for telcos to beat, says CEO
The big four bank is not perturbed by telecommunications companies invading its space with mobile money offerings.
Past harsh lessons to drive MTN MoMo’s second attempt
Analysts believe MTN’s Mobile Money platform will be a success this time as the telco has learnt from its past mistakes.