m-pesa
Ethiopia Changing Laws to Prepare for M-PESA Launch
Image sourced from WeeTracker Ethiopia has reportedly started changing certain national payments laws in an effort to clear the way for Safaricom to launch M-PESA, Africa’s largest fintech platform, to the Horn of Africa country’s virtually untapped market of 110-million people. The National Bank of Ethiopia (NBE) has drafted a bill that will allow foreign investors to launch and operate mobile money services in the country, making way for companies like Safaricom, which is planning to begin operations in Ethiopia within the year. Last year, a consortium led by Safaricom and Vodafone secured Ethiopia’s first-ever private mobile telephony license for $850-million, however, the deal did not include or permit mobile financial services like M-PESA. According to Business Daily Africa, the NBE n...
Safaricom Launches Shari’ah-Compliant Mobile Loans
Sourced from Tech Weez. Safaricom has partnered with Gulf African Bank to launch a Shari’ah-compliant mobile financial service, Helal Pesa, in Kenya. According to Tech Weez, the product is the first Shari’ah-compliant mobile and digital solution in the East African country. Customers accessing financing through the service will receive the amount requested in full with a repayment period of 30 days at a 5% commodity Murabaha margin, according to Tech Weez. Abdalla Abdulkhalik, MD – Gulf African Bank, said Kenya is now a highly innovative, interconnected, and fast-paced community that requires solutions on the go. “All our digital offerings including Halal Pesa, seek to directly address this aspect. Our current strategy is focused on digitization for financial inclusion. Our aim is to ...
Safaricom Builds Ethiopian Data Centre Worth $100M With 2 More on the Way
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All M-PESA Services Are Going Offline Tonight But for How Long?
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
M-PESA Becomes Africa’s Largest FinTech with 50-Million Active Users
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Safaricom Wins Legal Battle for M-Pesa 1 Tap
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Safaricom Bosses Receive $6.4 Million in Free Shares
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Kenyans Are Being Registered for Political Parties Without Knowledge or Consent
Image sourced from The World. Kenyan users are reporting on social media that they are being signed up as members of political parties in the country without their knowledge or consent via the Office of the Registrar of Political Parties (ORPP). Many are finding the developments baffling: According to the Registrar of Political Parties (@ORPPKenya), I am a registered member of ANC. Eeerm, since when? Why? How? @anc_party how did I get on your membership roll and how do I get out? pic.twitter.com/KqcD53OBEH — E. Chenze (@echenze) June 18, 2021 As of yet, there is no clear answer for why this is happening. Theories are running rampant on social media. Some users are claiming that information is being leaked via security breaches in Safaricom’s M-Pesa platform. Though this is a significantly ...
Eazzy Banking App Grows 222% as Digital Banking Explodes in Kenya
Image sourced from Kenya Online News. /* custom css */ .tdi_4_00d.td-a-rec-img{ text-align: left; }.tdi_4_00d.td-a-rec-img img{ margin: 0 auto 0 0; } The Central Bank of Kenya (CBK)’s Bank Supervision Annual Report 2020 noted that there was a notably high adoption of digital financial services by consumers during the beginning months of the pandemic in the country. This is believed in part due to consumers seeking channels for financial transactions with minimal physical contact, a necessity in remaining safe and socially distant as COVID-19 waves fluctuate. Now according to Techweez, the digital banking services provided by Equity Bank Kenya are now ahead of its traditional banking in terms of sheer volumes transacted. This comes via an announcement made when the lender revealed its Q1 20...
Vodacom Tanzania and Mdundo Partner to Launch New Premium Music Bundle
From left: DJ Bike, Nguvu Kamando (Head of VAS, Vodacom), DJ Feruuh, Martin Nielsen, DJ Summer, Prisna Nichaulous (Music Manager, Mdundo), Michael Okeje (Head of Growth, Mdundo). Image sourced from TechCabal. Vodacom Tanzania has announced a new partnership with African music distributing and streaming service Mdundo. Together the companies are launching a new music bundle for the telecom’s subscribers. As reported by TechCabal, this new bundle will give Vodacom Tanzania subscribers access to Mdundo’s premium service as well as a bevy of curated mixes from some of Tanzania’s top DJs. “Instead of struggling and moving from one platform to another, we as a digital valuing company, saw the importance of creating one bundle which will include all music genres, that’s why we also decided to par...
9 out of 10 Kenyan SMEs Use M-Pesa for Payments, via New Survey
Image sourced from WeeTracker /* custom css */ .tdi_4_9b7.td-a-rec-img{ text-align: left; }.tdi_4_9b7.td-a-rec-img img{ margin: 0 auto 0 0; } A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone’s mobile money service, according to Business Daily Africa. The survey, commissioned by SNDBX, took place between the months of March and April 2021 and included 131 small to medium enterprises (SMEs) across 17 “key sectors”. “The survey highlighted that SMEs continue to be resilient through the pandemic season and a third [of SMEs] are looking forward to a better future in 2021,” says Amethyst Consultants Founding Director, Sharon Mbugua. /* custom css */ .tdi_3_7f1.t...
