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Borrowers of digital loans will bear the brunt of the 20 percent tax on fees and commissions earned...
East Africa
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Airtel Uganda has shifted all its financial transactions to a new company, a move that adheres to th...
The government is attempting a new way of getting a Shs100, 000 (Approx.US$28) one-off cash relief t...
Mobile Money services have now been completely detached from the regulation of the Uganda Comm...
The Federation of Small and Medium Enterprises (FSME) has urged government to utilise scientific met...
Ethio Telecom has signed up 4 million Ethiopians for a mobile money service that it launched in May,...
The value of mobile-money deals hit a quarterly Ksh.4.5 trillion record at the end of March this yea...
At least 10.9 million mobile money accounts are inactive, according to Bank of Uganda. In detai...
The emergence of mobile money banking services has been seen as a blessing to many low-income earner...
The state-owned Commercial Bank of Ethiopia (CBE) announced it has collected $2.4 billion in remitta...
Education, healthcare, and household needs are the main uses of remittances in Kenya, an analysis by...
President Uhuru Kenyatta has urged the Ethiopian government to adopt mobile money transfer methods a...
The value of money handled by mobile money agents dropped for the fourth month in a row in April on...
Recent data from the May Migration and Development Brief shows that remittance flows to Uganda decli...
Payment system providers and operators, among which include mobile money operators and aggregators,...
A mobile money or an electronic money account that does not register a single transaction within nin...
Safaricom recorded a Sh314 million loss in M-Pesa Africa –the joint venture it formed wit...
ETHIOPIA'S telecommunications regulator awarded one operating licence to a consortium led by Kenya's...
South Africa’s telecoms operator Vodacom Group is considering selling part of its stake in mobile mo...
Kenyans living and working abroad sent home Sh122.69 billion ($1.13 billion) in four months to April...
Cash handled on Safaricom’s mobile payment platform rose 92 per cent partly driven by increased...
Ethiopia’s decision to exclude mobile money from the terms of two new telecom licenses cost the gove...
During the pull transactions, banks also pay interest when funds are moved from the client’s bank ac...
The battle for the lucrative Ethiopian telecommunications market has narrowed down to consortia led...
MTN Rwanda has received approval from the Central Bank to set up its FinTech subsidiary, Mobile Mone...
