Category archives for: Mobile money

FBC upgrades digital systems to global levels

First Banking Corporation (FBC) centre, Harare

from TARISAI MUDAHONDO in Harare, Zimbabwe HARARE, (CAJ News) – THE banking entity of First Banking Corporation (FBC) Group is migrating its services to the latest state-of-the-art platform in line with global trends. This is part of the Group’s innovation and digital transformation thrust. Roy Nyakunuwa, FBC Group’s Acting Head of Marketing, expressed excitement at […]

Downgrades, US-China impasse hammer SA’s Rand

US President Donald Trump with Chinese counterpart Xi Jinping

by SAVIOUS KWINIKA  Editor-In-Chief JOHANNESBURG, (CAJ News) – SOUTH Africa’s volatile Rand currency is bearing the brunt of escalating trade tensions between China and the United States as well as possibilities of agencies downgrading the country’s sovereign rating. This depreciation spells further doom for motorists, with the price of fuel increasing again in September. The […]

Huawei revenues rise as it overcomes sanctions

Liang Hua, Chairman of Huawei

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – HUAWEI has defied ongoing restrictions to record revenue growth of over 23 percent to CNY401,3 billion (US$58,3 billion) for the first half of 2019. The company’s net profit margin for the period was 8,7 percent. Huawei’s Chairman, Liang Hua, stated that operations were smooth and the organisation is […]

Rwanda trade fair goes cashless with MTN m-Ticket

Executives at the launch of MTN m-Ticket in Kigali

from PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) –THE upcoming Rwanda International Trade Fair and Expo is to be fully Cashless with the official launch of a digital user-friendly ticketing solution. The launch of the MTN m-Ticket is a partnership of the mobile network operator and the Private Sector Federation (PSF) a professional organisation […]

Youthful Africa remains fastest growing mobile region

Rwanda flag

from PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – SUB-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become mobile users for the first time. This is according to a new GSMA (Groupe Spéciale Mobile Association/ Mobile Special Group Association) study released in Kigali, […]

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