Malawi losing MWK120m monthly to mobile fraud
Malawi is losing approximately MWK120-million monthly to mobile money fraud, according to Malawi Communications Regulatory Authority (MACRA).
Michael Malakata
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Malawi centralises handset registration to combat digital fraud
Industry regulator MACRA outlines plan to register mobile handsets using Central Equipment Identification Register.
1:40
Malawi targets 80% internet connectivity by 2025
About 14% of Malawians use the internet says the Malawi Communications Regulatory Authority (MACRA).
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Rise in demand for Digital Financial Services in Malawi
Latest statistics based on Reserve Bank’s quarterly National Payment Systems report.
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Time running out for Malawi’s operators over data bundle expiry dates
Consumer, tech organisations lobby government to intervene as regulator remains tight-lipped on the matter.
1:40
Malawi urged to reach rural with mobile money services
Lack of incentives, adequate information on services impacting on usage in remote regions.
2:20
Tax stifles mobile money growth in Sub-Saharan Africa
Certain taxes on mobile money transactions have had a distortionary impact claims GSMA report.
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7.9% increase in mobile banking subscribers in Malawi
Channel is most widely used, according to Central Bank report.
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Malawi draws up new cyber security guidelines to protect finance
Country's Reserve Bank introduces new regulations finalised in October 2019.
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Malawi backtracks on 1% mobile money tax
TNM, Cama among companies and organisations that lobbied government.
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Malawi introduces 1% tax on mobile money transactions
Critics believe administration has changed or abandoned its original agenda.
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Lack of regulation impedes Malawi's financial inclusion strategy
Country records increase in mobile money users and agents, but there is no regulation to extend reach to rural regions.