The technology sector continues to be a driving force behind the global economic growth. Despite the ongoing challenges posed by geopolitical issues and interest rate hikes, the global top 25 technology companies* gained more than $2.4 trillion in valuation in the first quarter (Q1) of 2023, reveals GlobalData, a leading data and analytics company.
Category: Mobile & Telecoms
37% of Users in Nigeria Lost Money From an Incident Involving Digital Payments
Lagos, Nigeria// — According to the Kaspersky (www.Kaspersky.co.za) Digital Payment survey, 37% of respondents from Nigeria experienced financial losses associated with threats when using online banking and mobile wallet services.
Unintended Consequence of Mobile Money Taxes/Levies
As a major economic stakeholder, Vodacom is cognisant of the importance of taxation and the need for governments to widen their tax revenue basis to benefit all citizens adequately.
MTN Ghana Foundation Launches Enterprise Support Program to Invest in Youth Entrepreneurship
Accra, Ghana//- MTN Ghana Foundation has launched the Enterprise Support Program which is geared towards boosting youth entrepreneurship and driving innovation across the country.
Trends in Mobile Money Taxation: Country Examples
Accra, Ghana//-Today, the trend of mobile money taxation/levies are spreading across Africa. Two out of seven Vodacom/ Vodafone markets in sub-Saharan Africa (Kenya and Tanzania) impose excise taxes and/or levies on mobile money transactions.
It Is Official! MTN Ghana Suspends Its Data Zone Bundle
Accra, Ghana// Scancom PLC (MTN Ghana) has announced a suspension of its MTN Data Zone bundle effective April 05, 2023.
The Undeniable Benefits of Mobile Money For All
Accra, Ghana//-The introduction of mobile money (MoMo) popularly known in Ghana has led to an exponential rise in access to financial services among the unbanked across Africa.
Mobile Money Has Been Central to Africa’s Major Financial Inclusion Gains
Accra, Ghana//-Mobile money (MoMo) has been central to Africa’s major financial inclusion gains since its inception in the early 2000s, tackling poverty, accelerating economic growth, and improving overall health and wellbeing.
Mobile Money Taxation Could Hamper Financial Inclusion Gains in Africa
Nairobi, Kenya// — In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and governments in Africa to further the continent’s digital and financial inclusion agenda.
MobileMoney Limited and Vodafone Cash in Landmark Merchant Interoperability Partnership
Accra, Ghana// – Vodafone Ghana Mobile Financial Services Limited (Vodafone Cash) and MobileMoney Limited (MML) have enabled interoperability services that allow Vodafone Cash and MTN Mobile Money customers pay at each other’s merchant point of sale.








