Costs to each network operator can reach ‘tens of millions of US$’ each year Meet Revector during East Africa Com, Nairobi, Kenya, 5th – 6th April, 2011 Mobile networks and government regulators are facing a staggering annual revenue losses from ‘GSM Gateway’ or ‘SIM box’ fraud. This comes in the wake of claims by mobile anti-fraud specialist, Revector, that SIM box fraud could easily be costing operators $150 million in lost revenue. ‘SIM box’ fraud takes place when individuals or organisations buy thousands of SIM cards offering free or low cost calls to mobile numbers. The SIM cards are then... Continue Reading
MoneyGram CEO and Post Office director celebrate successful 14-year association LONDON, March 30, 2011 – MoneyGram International (NYSE: MGI), a leading global money transfer company, and the United Kingdom’s Post Office are celebrating their long-standing and successful relationship as the two companies marked the 10 millionth money transfer transaction with a media event at the Claridges Hotel today. The Post Office, which serves almost 20 million people a week, has been a MoneyGram agent since 1997 and provides MoneyGram money transfer services in its almost 12,000 Post Office branches across the UK. Pamela H. Patsley, MoneyGram’s chairman and CEO, who... Continue Reading
By Peterking Quaye – 30 March, 2011, Accra, Ghana for Shout-Africa.com – After six exciting months one of Ghana’s Banking company-Fidelity Bank has rewarded its loyal customers at the final draw of The “Go for Gold” campaign .Campaign was meant to encourage saving culture in all Ghanaians for a happy and comfortable future; the draw took place in Accra on 30th March at the plush Golden Tulip Hotel after a successful launch at the Silverbird Cinemas in the Accra Mall. The well attended final draw saw several dignitaries including the His Excellency Vice President of Ghana ,John Mahama ,Governor of... Continue Reading
By Gambian Correspondent – Nifty ICT Solution, a local IT service provider in The Gambia, in collaboration with Oracle Corporation, the world’s number one and leading relational Database company, and its Gold Partner, Pro Vision Consultants Limited of Accra, Ghana, recently organised the first ever Oracle Executive Event in The Gambia. The event aims at showcasing Oracle’s Enterprise drives performance. The day-long business meeting organised at the Coco Ocean Resort brought together members of the private sector and other stakeholders to share with organizations in The Gambia how Oracle Enterprise Solutions can help drive organizations from all sectors to... Continue Reading
By Gambian Correspondent – The President of the Gambia Chambers of Commerce and Industry (GCCI), Bai Mattar Drammeh, last Thursday opened a new ICT company called “New Century”. The opening of the company also witnessed the inauguration of the new showroom and office building of the newcomer in the ICT industry located right opposite Kotu Fire Station. Speaking at the ceremony, Mr Drammeh said he was very much impressed to see young people in the country getting together, doing their own thing. He said he was impressed with the trend and reminded the young entrepreneurs that quality is what should... Continue Reading
