Mobile and Telecoms

What You Need to Know About MTN’s New Reduced LTE & 5G Deals

MTN has announced price reductions and more value to customers on its MyMTN Home Fixed LTE and 5G home portfolios.  The MyMTN Home Fixed LTE and 5G offers are available until 31 July 2022. “At MTN we are committed to providing connectivity at affordable rates for all South Africans to enable more people to enjoy the benefits of a modern connected world with as little impact on their pockets as possible”, says Mapula Bodibe, Chief Consumer Officer at MTN South Africa. The MyMTN Home Uncapped Fixed LTE and 5G internet promotional deals are shown below: According to MTN, its Uncapped Fixed LTE 10Mbps Max Speed offering has been reduced from R499 PM for 24 months to R399 per month for a more extended signup period of 36 months – an R100 reduction but for a longer commitment. Its uncapped ...

Kenyan Government Seeks to Control Safaricom Call Charges

The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. The new regulations set by the state seek to bar dominant telcos from making profits from mobile termination rates (MTRs). In this regard, Safaricom will now charge fees to cover only the costs of interconnecting calls from its competitors. MTRs, according to Business Daily, are the charges levied by a mobile service provider on other telecommunications service providers for terminating calls on its network. The Kenya Information and Communication (Interconnection) Regulations 2022 set the stage for the Communications Authority of Kenya (CA) to control Safaricom’s rates of interconnecting calls. However, this will only happen if Safa...

Minors Won’t Get Access to Loan Services in M-Pesa Junior Accounts

Image sourced from Kansas Discovery. Safaricom, a telecommunications provider in Kenya, confirmed that minors will not get access to loan services like M-Shwari and Fuliza. The Kenyan telco announced on Friday that it is introducing M-PESA Junior Accounts for individuals between the age of 10 and 18 years old. The company said that the minors will have access to the network via SIM cards registered under their guardians or parents. “We plan to soon launch an M-PESA Junior Product for our children who may have access to mobile phones,” Safaricom CEO Peter Ndegwa said. According to Techweez, M-Pesa makes the most money for the company, hence it wants to expand the scope of its M-Pesa services. It recorded a 30.3% YoY growth to KES 107.69 billion ($926.2-million). The total M-PESA transaction...

M-PESA Rakes in $1.5-Billion Amid Kenya’s Betting Craze

Image sourced from WeeTracker Kenyans have spent Sh169.1-billion ($1.5-billion) betting through Safaricom’s M-Pesa in the year to March. According to Business Daily, disclosures show that the value of bets jumped 23.8 percent from Sh136-billion ($1.2-billion) a year earlier. The Kenyan government is trying to crack down on gambling by imposing higher taxes both on the companies and those who are gambling. People in the country continue to bet despite this and Safaricom, the Kenya Revenue Authority (KRA) and other firms are scoring big time. Safaricom’s revenue from betting rose by 40 percent to Sh5.98-billion ($50.7-million) last year, placing it higher among other firms that are listed on the Nairobi Securities Exchange (NSE). The telco company relies heavily on business lines like data a...

Nokia to Use Oracle Cloud HCM to Manage HR Processes

Image sourced from Wikimedia Nokia has selected Oracle Fusion Cloud Human Capital Management (HCM) to enhance and replace its Human Resources systems in the cloud as part of its global digitalisation program. Nokia will use a worldwide deployment of Oracle Cloud HCM to manage all HR processes, including recruitment, compensation, and performance management, for the company’s global workforce in its 130 countries of operation. In 2021, Nokia launched its ‘One Nokia Digital’ strategy to support the company’s competitiveness by digitalising its operations. As part of these efforts, Nokia will replace its on-premises HR systems with Oracle Cloud HCM. The telecommunications company has selected Oracle Cloud HCM for its ability to standardise HR processes on a common data platform, which will en...

Safaricom Partners with vivo to Launch Flagship Y15s in Kenya

The new Y15s. vivo Smartphone and Safaricom PLC have partnered to list the new Y15s flagship in Safaricom as it seeks to increase its footprint in the Kenyan market. The new partnership will see vivo’s latest products sold in Safaricom outlets and its online platform Masoko starting with the vivo Y15s, vivo Y21, and the vivo Y33s as it advances to offer more products to consumers and as it expands its portfolio.  The launch of the vivo smartphones in Safaricom is set to increase smartphone penetration, fast-tracking Safaricom’s vision to drive digital inclusion in the country. “The partnership with vivo smartphone cements our commitment to bring our customers a variety of smart devices that will enable them to stay connected and have the opportunity to enjoy the benefits of higher spe...

Safaricom Hires Managing Director of Citibank

Managing Director of Citi Bank, Michael Mutiga, now part of Safaricom. Image sourced from Shava TV. Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to compete with larger financial services and expand its mobile money platform M-Pesa. Michael Mutiga, MD of Citibank and head of corporate finance for sub-Saharan Africa from 2019 will be the new chief business development and strategy officer, according to an internal memo that was first seen by Business Daily. Mutiga will be replacing former Safaricom’s chief of special projects and acting chief business development and stra...

Vodacom SA Vows to Go 100% Green by 2025

Vodacom South Africa has announced that it pledges to halve its environmental impact by 2025, an effort that is well underway, according to the telco group, with a target set to accelerate the reduction of greenhouse gas (GHG) emissions. The group says that within the next three years, it aims to diversify its energy mix which includes buying electricity needed for its operations from renewable energy sources. This target will have a huge impact on Vodacom’s pledge, as electricity consumption is the primary source of the telco’s GHG emissions. Furthermore, by actioning this target, Vodacom expects to contribute nationally to a transition to a low carbon economy thereby helping government achieve its Paris Agreement goal, which requires countries to cut GHG emissions to keep global temperat...

PayPulse Reports Almost a Million Transactions in a Year in Namibia

Image sourced from /www.thegrovemallofnamibia.com Since launching in 2018 PayPulse, Standard Bank’s cashless transaction app has gained significant traction in the Namibian market, processing just under a million transactions to the value of N$ 442 million ($29.7-million) during the period 1 January 2021 to 31 December 2021. Standard Bank, a South African bank and financial service group, developed the PayPulse app, which allows anyone, no matter who they may bank with, to create a virtual wallet from which to pay for bills and services and send or withdraw money. Rejoice Itembu Head of Client Solutions at Standard Bank says that the app is unique in that it is the first of its kind to let users link up to three different credit or debit cards from different commercial banks, which, Itembu...

Safaricom to Start Hiding Identity of Subscribers on Lipa na M-Pesa

Sourced from Tech Weez. Safaricom will start hiding contact details of customers making payments through Lipa na M-Pesa at the end of June to curb trade and leaking of personal information to advertisers and fraudsters. “Pursuant to the Data Protection Act 2019 which came into law on 25th November 2019, Safaricom will be changing how they share data with Lipa Na M-Pesa Partners in general,” says Safaricom, East Africa’s largest telecom group, about its new privacy shift. According to Business Daily, the telco will only display the first name of subscribers who are making payments through the platform and a few digits of their phone number. Safaricom seems to be adopting the same model as the one used by banks in Kenya, in line with the data protection law, which was enacted in 2019 to prot...

MTN Drives Rural Expansion with 39M Injection in Eastern Cape, SA

MTN SA has today announced that it is investing $39.1-million (R624-million) into the Eastern Cape province of South Africa to drive upgrades and deploy new network infrastructure across the region this year. The company says it is focusing on launching 5G and connectivity services, especially in rural areas. This latest cash injection falls as part of MTN’s “Modernisation of Network South Africa project” (MONZA) project. Last month, the telco invested nearly $57-million in rural Limpopo in the North of South Africa. MTN says this latest investment will expand network reach into rural communities, drive 5G expansion and work to restore vandalised network infrastructure. “We are working across the country to modernise the entire MTN network. Just over 68% has already been completed national...

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...