Tawanda Karombo

OPay partners Mastercard to ‘open up e-commerce to millions’ in Africa

Merchants and consumers from Algeria, Egypt, Ethiopia, Morocco, Nigeria, and South Africa have an alternative payment option.
Tawanda Karombo

EXCLUSIVE: Opportunity within Ethiopia’s nascent Fintech and mobile payments industries

Nigerian mobile payments and financial services company Paga is competing for greater market share and company’s CEO explains why.

Data, smartphone use and Fintech anchor Safaricom’s market position

Company announced strong results this week, reinforced by increase in subscriptions, data use and Fintech.

Airtel Malawi still swinging despite taking blows in stressed-out economy

Despite forex loss and sustained pressure, company has managed to increase revenue from data and voice silos.

Zimbabwe hikes taxes on electronic forex transactions

One of the measures government has implemented to try to stop economic nose-dive.

US$91m licence fee bites into MTN Rwanda’s after-tax profits

But operator still posts increase in data services, data traffic and mobile money revenue.

Malawi’s TNM preps for challenging economic times ahead

Mobile operator cites foreign currency shortage, volatile exchange rate and sustained cost pressure on margins.

East Africa eyes tax windfalls from big tech and digital services

Digital services players say tax authorities representing the East African Community (EAC) member states have agreed to develop a joint strategy to tax the digital economy.
21 Apr

Zimbabwe’s mobile money market rattled after InnBucks shut down

Authorities argue the Simbisa-run service does not possess a permit.
20 Apr

GSMA urges dialogue amid increase in mobile money taxes in Africa

Affordability of service and smartphones as one of the key barriers to digital inclusion in Africa.
Apr 19, 2022

Ethiopia: telco rivals agree to tower power share deal

Safaricom and Ethio Telecom have concluded interconnection and capacity lease agreements.
Apr 14, 2022

Ballooning inflation bursts Zimbabwe’s mobile telecommunications bubble

Industry regulator releases report documenting impact of economic challenges on mobile telecommunications.
Apr 12, 2022

Uganda leans on Temtum Group for CBDC rollout

Parties met to discuss digital currencies, CBDC technology as well as revenue tax collection and mobile money issues.