mobile money

zimbabwe_foreign_remittances

The Reserve Bank of Zimbabwe (RBZ), the country’s central bank, will allow money transfer agencies to operate during the coronavirus lockdown. The move became necessary after households complained of the crushing effect of being cut-off from survival money from relatives abroad. Zimbabwe has relied on diaspora remittances for the best part of two decades. In […]


mpesa_safaricom_kenya

For the next 90 days, person-to person mobile money transactions below Ksh. 1,000 ($9.67) on MPesa, the mobile money service owned by Safaricom, will incur no costs to Kenyan customers. It is Safaricom’s response to a demand by the Kenyan government for companies to incentivise online transfers in the wake of COVID-19, the novel coronavirus […]


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