Vodacom’s mobile money empire now moves R8-trillion a year

Vodacom’s mobile money empire now moves R8-trillion a year

Vodacom Group CEO Shameel Joosub Vodacom Group on Wednesday said it facilitated US$460-billion (R8.1-trillion) in transactions through its mobile money platforms in the past year, including in Kenya, underscoring just how important financial services has become to the JSE-listed telecommunications operator. “The sustained growth of our financial services is particularly pleasing as this seeks to…

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South Africans share pain of losing money in online scam

South Africans share pain of losing money in online scam

The fraudsters used the name of a genuine US-registered company to create an illusion of credibility. A number of South Africans have been left devastated after falling victim to an online Ponzi scheme known as Medical Digital Intelligence (MDI). Promising high returns through supposed investments in virtual pharmaceutical products, the scam has swindled citizens out…

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Mobile money lifts Africa savings to decade high

Mobile money lifts Africa savings to decade high

Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, driven by the growing impact of mobile money accounts across the continent. The share of adults in sub-Saharan Africa who saved through formal channels surged by 12 percentage points to 35% in 2024, the second-highest regional rate after East Asia and…

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Business Startup: People, Money and Networking

Business Startup: People, Money and Networking

In this fourth and last article in the series on starting your own business by Steve Reid, he focuses on the customer experience, money mistakes entrepreneurs make, and the power of networking. Customers – Your Most Important Visitors A powerful quotation is attributed to Mahatma Gandhi who, in a speech in South Africa in 1890,…

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Entrepreneur sees ‘a lot of money’ in agriculture

Entrepreneur sees ‘a lot of money’ in agriculture

Hadija Jabiri Hadija Jabiri, founder of agribusiness company GBRI, sees untapped potential across Tanzania’s agricultural sector, particularly in processing fruit, vegetables and grains into value-added products. “You can make a lot of money out of it,” she said in a recent interview with How we made it in Africa, pointing to excess production and widespread…

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Africa: Scam Alert – No, You Can’t ‘Earn Money Watching Videos’ On Platform Called Pesatube

Africa: Saving Money, Breathing Easier – How Energy Access Is Transforming Lives in Ethiopia

Families in rural Ethiopia are transforming their lives with clean energy. Supported by the World Bank’s Ci-Dev, biogas digesters replace firewood, cutting smoke and improving crop yields. Off-grid solar brings light, boosts savings, and powers micro-enterprises. Since 2016, Ethiopia has earned $3.46 million in carbon credits, reinvesting in access and maintenance. For women like Abeba…

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