Articles about mobile-money

SA sees modest growth as Vodacom ups revenue to R43.9bn

South Africa, which remains Vodacom’s largest market, records growth of 1.4%, reflecting continued pressure in the core mobile business.

Social media becomes new storefront

Now rivalling word-of-mouth as top purchase driver, social media is shaping African consumers’ buying decisions, says Boston Consulting Group.

MTN MoMo expands partnership with Mastercard

The enhanced collaboration introduces the ability for users to top up their MoMo Wallet using debit and credit cards.

Instant payments to be 'heartbeat' of Africa’s digital transformation

Real-time interoperability between mobile money and traditional bank accounts can unlock financial inclusion for 400 million adults across Africa, say Standard Bank execs.

Data, fintech propel MTN Group to R105bn revenue

The telco posts strong interim results for the first half of 2025, buoyed by solid commercial execution and improved macro-economic conditions.

Telco-powered credit score aims to add millions to formal economy

Bringing another 16 million South Africans into the formal economy could add R173 billion to SA’s gross domestic product, says TransUnion.

MTN adds home loans to MoMo app

With the new platform, home buyers can be approved for a home loan in less than two minutes, says the telco.

MTN starts ‘collapsing’ its 3G network in SA

The switching off of the 3G network by 2027 will ensure all South Africans have access to faster, more efficient 4G and 5G technology, says MTN SA CEO Charles Molapisi.

MTN Group sees revenue, subscriber growth in Q1

The mobile network operator reports “robust” results for the first quarter of 2025, buoyed by improved macro-economic conditions in key markets.

MTN encounters cyber security ‘incident’

An unknown third-party claims to have accessed data linked to parts of the company's systems.

Sub-Saharan Africa is mobile money epicentre

After 25 years, mobile money surpasses two billion registered accounts and over half a billion monthly active users globally, says the GSMA.

MTN SA delivers resilient performance in full-year results

The overall MTN SA result was supported by a 6.4% increase in subscribers to 39.8 million, a net addition of 2.4 million in the year.