Technology (98)

The digital transformation of financial services gives rise to a set of important policy issues regarding competition, regulatory perimeters and ensuring a level playing field. These developments have the potential to make markets more diverse, competitive, efficient, and inclusive, but could also increase concentration.

The Ministry of Home Affairs, Immigration, Safety and Security (MHAISS) and Mobile Telecommunications Limited (MTC) have concluded a connectivity agreement that will see the Ministry benefit in terms of connectivity and various communication solutions.

MTC has successfully rolled out its Business Support System , as the company streamlines business processes to enhance customer satisfaction. 

FNB Namibia has warned against the growing trend of targeted phishing e-mails, also known as business email compromise fraud.

Public Enterprises minister Leon Jooste has met with Telecom Namibia’s CEO and board over on-going network disruptions currently faced by the government owned telco.

Economic advisory firm Simonis Storm (SS) has warned that the shortage of global chip (semiconducter) will impact Namibia’s vehicle sales growth.

Namibia is yet to implement telecommunications number portability two years after publishing the regulations.

Mobile Telecommunications Limited (MTC) has announced its launch of a Service Delivery Platform (SDP) to build a fully functional Digital Shopping platform and facilitate service innovation to deliver a converged experience at a faster service time to the market. 

Mobile Telecommunications Limited (MTC) which was recently listed on the Namibian Stock Exchange has recorded an after-tax profit of N$743.3 million for the 12 months ended 30 September 2021.

Namibia's telecommunications regulator says the government's continued hold on the country’s Information and Communication Technologies (ICT) sector was impacting on competitiveness and growth.

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