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Safaricom sets up online sales portal as net profit hits $252 million
Telecommunications firm Safaricom has established an online sales platform in a move expected to roil Kenya’s fast-growing e-commerce market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN Ghana sanctions 3,000 agents for mobile money fraud
In an interview on the sidelines of a media encounter with the Journalists for Business Advocacy (JBA) in Accra on Thursday, the Senior Manager for Anti-money Laundering, Compliance and Analytics at MTN Mobile Money, Mr Godwin Tamakloe, said some of the agents were currently being processed for prosecution.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bharti Airtel to acquire Tata’s money-losing mobile unit for nothing
India’s telecoms market, with 1.2 billion mobile subscribers, is in the midst of a wave of consolidation as smaller debt-laden players seek exits after overspending in airwave auctions.
- Categories
- Technology
- Region
- South Asia
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Is Safaricom Entering the Ethiopian Market?
"We wish to categorically state that we are not engaged in any conversations with Ethio Telecom on this matter. Any information to the contrary is completely inaccurate," CEO Bob Collymore told The East African.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Communications tech biggest catalyst for ICT in Africa – Gartner
Speaking to ITWeb Africa ahead of the Gartner Symposium scheduled for September in Cape Town, principal research analyst William Hahn said Gartner's 2017 Hype Cycle for ICT in Africa confirms that communication technologies are setting the ICT agenda for the region.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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JioPhone Ripple Effect: More companies plan affordable 4G feature phone by 2017
Intex’s new feature phone, priced at Rs 1,999 and hitting the market by Diwali, compares with the Reliance Industries’ 4G featurephone — JioPhone, which will be available at one-time refundable price of Rs 1,500 in September.
- Categories
- Technology
- Region
- South Asia
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Mukesh Ambani has a four-letter strategy to win India’s telecom wars—free
“…there are more than 50 crore (500 million) feature phone users who have been left out of the digital revolution,” Ambani said at Reliance Industries’ annual general meeting in Mumbai, where he launched the JioPhone.
- Categories
- Technology
- Region
- South Asia
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Airtel loses 5 million mobile money users in Kenya in three months
The firm’s subscribers stood at 6.3 million in March, a decline from 6.8 million in December, which the regulator attributed to the revision of a popular offering by the operator resulting in customers slowing down on use of its products.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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