Category archives for: Mobile & Telecoms

Ethiopia: 45% of Telecoms Company to be Sold Off, Despite Conflict in the North

November 24, 2020//-Foreign investors are queuing up to invest in Ethiopia’s telecoms sector, which will soon bid adieu to the state monopoly. However, the rules of the road are not yet clear, and conflict in the north may put things on hold.

Banks Cut Mobile Phone Loans Over CRB Listing Freeze

November 23, 2020//-Banks cut digital lending to customers in the wake of a rise in non-payment following the six-month freeze on listing defaulters with credit reference bureaus (CRBs).

MTN Ghana Foundation Outshines Rivals at Industry Awards  

Accra, Ghana, November 18, 2020// – MTN Ghana’s Corporate Social Investment projects have received massive recognition at the 2020 edition of the Sustainability and Social Investment Awards for the transformational CSR initiatives it has implemented to promote social change and positively impact lives in the country.

MTN Ghana Seeks Shareholders’ Approval  for Share Buyback

Accra, Ghana, November17, 2020//-Scancom PLC (MTN Ghana) says it is seeking its shareholders’ approval for the buyback of 1,089,630 shares from applicants who failed to provide sufficient personal information to complete their Know Your Customer (KYC) requirements.

AirtelTigo’s ‘BigTime Xtra Data Bundles’ Wins Innovative Product of the Year

Accra, Ghana, November 16, 2020//- AirtelTigo’s‘BigTime Xtra Data Bundles’ has won the ‘Innovative Product of the Year’ at the 10th Ghana Information Technology and Telecom Awards (GITTA) in Accra.

Tecnotree Posts Robust Third Quarter Results

November 12, 2020//-Tecnotree, the global provider of IT solutions for the telecom industry, has recently announced its Q3 financial results for 2020.

Safaricom Profits Fall aAfter M-PESA Scraps Fees

November 10, 2020//-Safaricom’s half year profits slumped 6% in a sign that Africa’s telecoms sector may not be immune from the commercial upheavals of Covid-19.

Banks Accelerating Digitisation in Wake of Covid-19

November 10, 2020//-Covid-19 has accelerated the move towards full-spectrum digitisation of banking services. While the process has been at an advanced stage in countries like Kenya, other African nations, such as Nigeria, are adapting rapidly, writes Rafiq Raji.

The End of Cash? Not So Fast

October 30, 2020//-As technology has rapidly progressed in recent years, many once popular items, devices, and facets of daily life have faded into obsolescence. With nearly everyone owning a smartphone, everything from physical maps to CDs have become increasingly less common.

MTN Group Posts Impressive 3rd Quarter Financial Results Despite COVID-19 Crisis

October 30, 2020//-MTN Group today announced a set of financial results for the third quarter, supported by the performance of its larger operations in South Africa, Nigeria and Ghana, and good group-wide growth in subscriber numbers despite challenging trading conditions which have taken a toll on people everywhere.

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