While banking and payments is still considered a mainly a ‘boy’s club’ with few women holding top positions both in Africa and internationally we thought we would highlight some of the woman who are making their mark in the African banking and payments landscape. 1. Maria Ramos – Chief Executive of Africa, Barclays Maria Ramos
Ooredoo has announced that it has committed to the GSMA’s Mobile Money Interoperability (MMI) programme to accelerate the implementation of interoperable mobile money services across Africa and the Middle East. Ooredoo joins a group of operators in supporting the programme, who together represent 582 million mobile connections across 48 countries in Africa and the Middle
Research released today by MasterCard has shown that despite believing handling cash, bank notes or coins to be unhygienic and dirty, only one in five wash their hands after holding it. The European wide study of over 9,000 consumers from 12 countries highlighted how despite being ranked as more unhygienic than hand rails on public
Tanzania’s CRDB Bank Managing Director, Dr Charles Kimei, has been shortlisted alongside six other nominees for the prestigious African Banker of the Year Award. A statement issued by the London-based African Media Agency made available to this paper, said the nominees have been picked out for their outstanding performances. Contestants for the title include Bisi
Kenya Commercial Bank (KCB) has declared plans to follow rival Equity Bank into the telecoms market after announcing a first quarter profit increase of 28.6 per cent. It was reported last month that Equity Bank was one of three firms to have been granted mobile virtual network operator (MVNO) licences by the Communications Commission of
The Western Union Company has reported financial results for the 2014 first quarter. The Company also affirmed its full year financial outlook, which was previously provided on February 11, 2014. The Company continues to focus on executing strategies to strengthen the consumer money transfer business, with an emphasis on digital expansion; to drive growth in
The ATM Industry Association, in association with the Electronic Funds Transfer Association, has announced the release of its second commissioned research report into the digital currency BitCoin. The intensive report, written by Value Partners Management Consulting, authors of the industry’s bi-annual Global ATM Benchmarking studies, is called “BitCoin: Virtual Currency with Real Opportunities”. “As industry
NMB Bank launched ‘Jihudumie Campaign’ geared at offering customers all services that are accessible through the bank’s self-service channels. With ‘Jihudumie,’ NMB customers will be offered with an instant account opening that will allow them to conveniently deposit and withdraw money through self-service channels. The NMB Chief Executive Officer, Mr Mark Wiessing, said at the
MTN Rwanda has partnered with Tele10 to enable customers to pay their DStv, Canal+ and GOtv subscriptions using MTN Mobile Money. At a press conference to announce the partnership, Norman Munyampundu, general manager of MTN Business, said to use the service customers need to have a DStv, Canal+ or GOtv account and be a registered
KCB Group has won major awards in the prestigious annual Banking Awards announced on Wednesday evening. The largest bank in the region in terms of asset base and branch network, emerged the winner in four categories namely Best Bank in Agency Banking; Best SME Bank; Best Asset Finance and Best Recovery Bank which went to
