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9 out of 10 Kenyan SMEs Use M-Pesa for Payments, via New Survey

Image sourced from WeeTracker /* custom css */ .tdi_4_9b7.td-a-rec-img{ text-align: left; }.tdi_4_9b7.td-a-rec-img img{ margin: 0 auto 0 0; } A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone’s mobile money service, according to Business Daily Africa. The survey, commissioned by SNDBX, took place between the months of March and April 2021 and included 131 small to medium enterprises (SMEs) across 17 “key sectors”. “The survey highlighted that SMEs continue to be resilient through the pandemic season and a third [of SMEs] are looking forward to a better future in 2021,” says Amethyst Consultants Founding Director, Sharon Mbugua. /* custom css */ .tdi_3_7f1.t...

MTN to Launch its 5G Network Next Week

Sourced from Business Tech MTN South Africa will finally launch its 5G network next week, 30 June 2020, becoming the first of the telecommunications group’s 22 operations to launch the next-generation broadband technology. The pan-African telecom is hosting a live event on its YouTube channel that same day. The event will be hosted by CEO Godfrey Motsa, chief consumer officer Mapula Bodibe and chief technology & information officer Giovanni Chiarelli. [embedded content] At the beginning of the month, MTN began announcing that it would launch 5G networks in major cities across South Africa. The exact locations for these launches have been confidential. /* custom css */ .tdi_3_3b3.td-a-rec-img{ text-align: left; }.tdi_3_3b3.td-a-rec-img img{ margin: 0 auto 0 0; } Initially, MTN had been ...