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Eastern Africa

StanChart To Launch Islamic Banking In Kenya, Indonesia

Standard Chartered Plc will start offering Islamic banking in Kenya as a springboard into the rest of Africa and it may expand services in Indonesia, its global head of Islamic Read More →

MTN Uganda Revises Mobile Money Tariffs Following New Tax on Money Transfer

MTN Uganda announced revised Mobile Money rates effective July 2nd, 2013. Commenting on this increment, the MTN Uganda’s GM Corporate Services, Anthony Katamba said, “According to the new national budget Read More →

Zimbabwe’s Cattle Bank Takes Live Deposits

An innovative new banking idea is taking hold in Zimbabwe. At Zimbabwe’s first Cattle Bank you can deposit animals as collateral against cash loans. A large portion of rural Zimbabwe is Read More →

TNM and Escom Strike Mobile Payment Deal

TNM has sealed a deal with the Electricity Supply Corporation of Malawi (Escom) which will see TNM customers paying their Escom bills or buying electricity units through TNM Mobile Money Read More →

Safaricom Introduces Lipa Na M-Pesa Service

M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has now set its sights on the medium and small entreprises with the launch of Lipa Na Read More →

Drivers of Mobile Payment Adoption: Comparing Kenya and Tanzania

Professor Dan Horne, Chief Knowledge Officer at Gx, in conjunction with Dionne Nickerson of Providence College,  has recently published a white paper called ‘Understanding the Drivers of Mobile Payment Adoption: Read More →

TPA Automates Payment System

Tanzania Ports Authority (TPA) has automated its billing and payment system, a move that seeks to improve revenue collections and transform the authority’s operations to paperless. According to TPA’s Acting Director Read More →

Online Transactions – Public Key ICT Infrastructure for Kenya

The government through the Kenya ICT board, Communications Commission of Kenya (CCK) and Directorate of E-government, held a forum with stakeholders to sensitise them on what it will take to Read More →

FNB Zambia to open three new branches across Zambia in 2013

First National Bank will open five new branches this year including in Chipata, Solwezi and Chingola as it continues to extend its services in to the unbanked population. And FNB Read More →

MasterCard Launches Training Centre To Enhance Payments Industry Skills Development in Kenya

MasterCard announced the launch of a brand new training facility in Kenya to empower the financial services ecosystem with knowledge on various aspects of cashless payments in order to boost Read More →
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