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Twiga has laid off 211 of its full-time employees following restructuring that has eliminated the company’s in-house sales team.

MTN is looking for Mobile Money agents – and has received R28 million for its recruitment drive Business Insider SA facebook (Photo by Gallo Images/Papi Morake) MTN has partnered with the International Finance Corporation which has dedicated R28 million to its Mobile Money service. The investment will be used to recruit, enrol, and train 10,000 Mobile Money agents. These agent businesses allow MTN clients cash-in and cash-out services without using an ATM or Point of Sale machine. In turn, the agents receive a commission dependent on the value of each indi...

May 19, 2021 MTN South Africa has announced a $2 000,000 partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to expand MTN’s Mobile Money (MoMo) business in South Africa. The partnership will target the unbanked and underbanked population through establishing a strong network of MoMo agents in the country. The partnership will also see a strong job employment drive and will see IFC and MTN South Africa seek to recruit 10 000 Mobile Money Agents in 2021 to increase access to affordable financial services in underserved communities. MTN will identif...