Category archives for: Mobile money

Cyber crooks eye jackpot in festive shopping

Festive shopping

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News)  – WHILE a majority of people in South Africa are aware of financial cyber-threats, more than half have had their financial credentials fall into the wrong hands. Amid the ongoing season of unrestrained shopping cybercriminals targeting consumers’ banking credentials or online shopping accounts could hit the jackpot. This is […]

Nigeria’s ‘Yahoo boys’ arraigned for fraud

EFCC-operatives arrest Nigeria's notorious Yahoo Boys

from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – SOME 24 Nigerian university students have appeared in court for alleged involvement in cyber crime. This follows their recent arrest for allegedly obtaining money by false pretence through fraudelent emails to unsuspecting victims, mostly in the United States of America, and engaging in romance scam […]

Kenya mobile money fraud decreasing

M-Pesa

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA has recorded a significant decline in mobile money losses over the past year thanks to the strengthening of controls and collaborations by stakeholders. This is according to a senior official in the telecommunications industry, who disclosed mobile money losses declined fromKSh90 million (US$877 620) […]

MTN unveils smart feature phone rollout plans

Left Huidi Li, Executive Vice President at China Mobile and Rob Shutter, MTN Group Chief Executive Officer at the press event in Cape Town on Tuesday. Photo by Mthulisi Sibanda, CAJ News

by MTHULISI SIBANDA in Cape Town CAPE TOWN, (CAJ News) – MOBILE network operator, MTN, has announced plans to introduce a “smart feature phone” in its African markets next year, in line with strategies to bridge the mobile internet access divide. The plans, announced in partnership with China Mobile and Unisoc among others, have been […]

Brexit slows down IT spending in EMEA

Global Information Technology (IT) spending

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – SPENDING on information technology (IT) in the Europe, Middle East and Africa (EMEA) regions is projected to total $973 billion in 2019. This represents an increase of 2 percent from the estimated spending of $954 billion (R13.68 trillion) in 2018. This is according to projections by Gartner, the […]

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