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Mobile cash services bank on growth
[Thabiso Mochiko] The growth of mobile money will continue at a rapid rate this year‚ global mobile industry body GSMA said in a recently released report entitled The Economy of Mobile 2013. 20 Mar 2013 07:09
Mobile money could encourage savings
[Helmo Preuss] Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion. 27 Feb 2013 07:33
MoneyGram remittance costs are just 5%
MoneyGram remittance costs are 5% or less depending on the size of the transaction‚ MoneyGram's Vice President for Africa Hervé Chomel told a media roundtable on Thursday (7 February). 8 Feb 2013 10:45
Africa's remittance costs too high says World Bank
Bringing remittance prices down to 5% from the current 12.4% average cost would put US$4bn more in the pockets of Africa's migrants and their families who rely on remittances for survival‚ the World Bank said on Monday (28 January). 29 Jan 2013 15:18
FirstRand gets credit line of US$300m
[Sure Kamhunga] FirstRand has received a US$300m seven-year multi-currency credit line from the African Development Bank (AfDB) to on-lend to clients in their local currencies in several markets in Africa. 14 Dec 2012 11:18

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