This is an upgrade to the old KCB-M-Pesa system where borrowers could only take another loan after clearing the outstanding balances.
Author: Tapiwa Matthew Mutisi
Digital mobile lending in Kenya is a space that is ever-growing, whether the motivation is to push for financial inclusion or to simply provide a service in a neglected space, what’s constant is that the sector is ever-growing. As of September this year, there were over 50 mobile loan facilities,…
Kwesé-iflix has partnered media company, BusTop TV in coming up with a comedy series, Comic Tick, on the Kwesé-iflix platform.
MTN Group has announced the appointment of several executives, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability. Charles Molapisi has been appointed as the company’s Group Chief Technology and Information Officer, effective 1 January 2019. His appointment follows Babak Fouladi’s resignation from…
DStv is giving lower-tiered subscribers an early Christmas gift by opening up some of the premium channels during the end-of-year and beginning-of-2019 festive period.
Cassava SmarTech Zimbabwe (CSZL), the fintech-focused spin-off from Econet, made its debut on the Zimbabwe Stock Exchange (ZSE) yesterday, and became the bourse’s largest counter by market capitalisation. CSZL opened trading at 0,4380 cents, closing at 149,28 cents, a growth of 241% and valuing the company at $3,867 billion. The tech…
Naspers teams up with Canada’s state pension fund to invest in Indian educational startup BYJU’S, a learning app for primary and high school pupils in India.
The BMW Group is the first foreign company in China to obtain a license to operate a ride-hailing service.
Econet Wireless Zimbabwe’s fintech business Cassava Smartech Zimbabwe Limited (CSZL) will be listed on the Zimbabwe Stock Exchange (ZSE) tomorrow, 18 December. This comes after regulatory approvals to spin-off the telecoms giant’s smart technology and financial technology businesses under a new holding company CSZL. The company controls 100 percent of…
Samsung launched Galaxy A8s, the world’s first smartphone to feature an in-display hole with an Infinity-O display.
China has warned Canada it will face severe consequences unless it releases Huawei Technologies’ Chief Financial Officer Meng Wanzhou, who faces extradition to the U.S. after being arrested in the country last week.
The new WhatsApp group calling feature allows users to quickly make calls with multiple the participants in a group.
Uber’s valuation in its most recent private financing was US$76 billion, and it could be worth US$120 billion in an IPO.
Netflix is working to release its first-ever South African — and African — original television series, it was reported on Monday.
He fears Microsoft is ceding too much control of the web to Google.
At a bail hearing yesterday, new details emerged surrounding Huawei Technologies Co Ltd’s Chief Financial Officer, Meng Wanzhou’s arrest in Vancouver, Canada over the weekend. The daughter of Huawei founder Ren Zhengfei is accused of fraud with a maximum penalty of 30 years in prison, according to journalists present at the hearing. The U.S. Department of Justice alleges…
Canada arrested the CFO of Huawei, but the Chinese tech company has been scrutinised for years for security reasons.
Liquid Telecom, a leading pan-African telecoms group has just announced that it will be investing 8 billion Egyptian Pounds ($400m US Dollars) in Egypt over the next three years. This is part of a major partnership with Telecom Egypt which includes network infrastructure and data centres. The investment announced today…
Apple has acquired Platoon, a London-based A&R startup focused on discovering rising music artists.
Waymo is all set to take a step ahead as they bring their service of self-driving Waymo One to the public. They are planning to invite early riders which they ferreted out from their research work, ahead of rolling it out to the public. They will first offer Waymo One to the…