Mauritius Telecom to soon launch mobile money service
Monday, 29 April 2019 18:56
Mauritius Telecom (MT) will soon launch the mobile money service, Sherry Singh (photo), the incumbent operator’s CEO, announced on April 24, 2019. The announcement was made during the opening ceremony of the 39th edition of the conference of the Southern Africa Telecommunications Association (SATA), which he will preside for the 2019-2020 period.
According to the executive, the service will be introduced in a disruptive fashion and blow the market. He also indicated that the operator was considering an expansion out of the country.
“The role of MT is to help other operators. The fact is that when we successfully implement a model here, it can be replicated somewhere else (…) Technology is nothing if it can’t bring anything to the country. It is useful when it creates value for society,” the CEO added.
Live News
-
Mozambique central bank cuts interest rate again, to 9.25%
05:23
-
East African Breweries First-Half FY2025/26 Profit Jumps 38% to $86.8M; Dividend Up 60%
05:16
-
Flour Maker Sonoco Seeks IFC Loan for Guinea Poultry Project as Output Covers Under 5% of Demand
05:13
-
Perseus Mining gold output falls 14% as production declines in Ghana and Côte d’Ivoire
04:41
-
U.S., Togolese Lawmakers Discuss Formal Dialogue on Health, Food Security, Security
15:30
-
Gabon Launches Digital Skills Program for 1,000 Youths With U.S. Firm Cybastion
15:27
-
Somali Parliament Approves Cybersecurity Law Amid Rising Threats
15:23
-
Fintura Founder Bernice Houy Targets Efficiency in Accounting Firms
15:20
-
Nicolas van Zyl Rethinks Online Advertising With Social-First Formats
15:15
-
SOCAPALM Cuts Dibombari Estate by 23%, Returns 2,566 Hectares to State for Community Use
14:15
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Mozambique central bank cut benchmark rate to 9.25% Inflation eased to 3.2% in December, supporting policy easing Thirteenth consecutive rate cut...
EABL first-half net profit jumped 38% to 11.2 billion shillings Revenue rose 11%, helped by resilient volumes and lower finance costs Interim dividend...
Sonoco seeks undisclosed eight-year IFC loan for Guinea poultry project Integrated facilities planned near Kindia, Massayah, Sanoyah, operational by...
Perseus Mining gold output fell 14% to 431,684 ounces in 2025 Lower production reported at Ivorian mines and Ghana’s Edikan Output dip aligns with...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...