Wednesday, May 23Always On-point

Applications

Mobile financial services in Africa: Winning the battle for the customer

Mobile financial services in Africa: Winning the battle for the customer

Applications, Entertainment, Mobile Money, Telecomms
Africa is the global leader in mobile money, which has become an important component of Africa’s financial services landscape. Mobile network operators (MNOs) have dominated mobile money services in Africa for the past decade. More recently, fintechs have established a solid footing in the market, and a number of banks are beginning to compete aggressively for the mobile banking customer. While some banks have chosen to “go it alone”, others are forming partnerships in hopes of reaching the market faster. This article outlines five paths banks can take to retain ground in the battle for the mobile customer in Africa. Africa is the global leader in mobile money Mobile financial services (MFS) span the full spectrum of financial services, from payments and current accounts, to s
Stirring up e-commerce in South Africa

Stirring up e-commerce in South Africa

Applications, Entertainment, Gizmos
  One of South Africa’s top e-commerce companies and most-loved brands continues to set the standard for online businesses as recognised by uAfrica’s eCommerce Awards. Investec’s blog recently featured an interview with Andrew Smith, co-founder and CEO of Yuppiechef, where he shares his views on how to forge ahead and be remarkable when it comes to delivering online. What is your take on the South African e-commerce landscape? E-commerce in South Africa is growing fast and certainly getting a lot more attention than it did a few years ago but it is still a tiny fraction of all retail – around 1% of South Africa’s R500bn (US$38bn) total. For the last two decades, e-commerce was mostly about the pure-play pioneers such as Kalahari and Netflorist, and more recently Takealo
African rulers’ weapon against web-based dissent: the off switch

African rulers’ weapon against web-based dissent: the off switch

Applications, Start Ups, What's Hot
DAKAR: Rapidly expanding access to the Internet across Africa is helping grassroots opposition movements take on once-invulnerable regimes. Many entrenched rulers have a simple response: pulling the plug. While countries in the Middle East and China employ firewalls and block virtual private networks to control web access, leaders in Africa increasingly prefer the blunter instrument of outright outages. Critics say that infringes not just the rights of individuals but also undermines the burgeoning economies of some of the world's poorest countries. Since the start of 2016, governments in 13 African nations have intentionally shut down the Internet on 21 occasions, mainly during elections and protests, according to a database run by online rights group Access Now. That compares to...
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.