Tag: MoKash

One year with MTN MoKash

Penetration of formal banking services remains out of reach of the ordinary Ugandan with only about 20% of the population banked. MTN Mobile Money continues to drive the financial inclusion agenda in Uganda and a year ago in partnership with CBA introduced

MTN Uganda results are in. Mobile money is on the rise...

MTN group recently disclosed its financial results for the year ended 31st December 2016. And we must say the results are mixed while they reflect a shift in what we’ve traditionally known as telecommunication networks.

7 things that Telecom companies in Uganda should do in...

As we usher in the new year, telecom companies in Uganda need to looked as more closely than ever before especially in an industry dominated by big players like MTN and Airtel.

MoKash’s equivalent M-Shwari has driven CBA’s profits by 53% in Kenya

M-Shwari has driven CBA’s Q3 net-earnings by 53% to Kshs 3.9 billion

MTN MoKash subscribers cross the 1 million mark 70 days after...

Less than three months after MoKash was launched, MTN Uganda and Commercial Bank of Africa (CBA Uganda) today announced that the

MoKash has dished out 1 Billion in loans

Towards the end of last month we reported about MoKash garnering over 600,000 users, an impressive feat given it was just 2 months old on the market. Now Daily Monitor reports that the mobile micro-lending and saving platform has been adding an average of 15,000 customers per day, reaching 920,000 over the period and has been able to dish out 1B UGX in loans in the same period.