Mobile money transactions growth shoots to 12p.c.
Published On September 18, 2024 » 449 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
MOBILE money transactions have grown by a remarkable 12-percent to K222.8 billion in the first half of this year from the K199.5 billion previously recorded during the same period under review.
According to the Zambia Information and Communication Technology Authority (ZICTA) mid-year 2024 market report, mobile money transaction volumes also increased by 44-percent to 1.4 billion from 976 million mid- 2023.
The mid-year report revealed that within the same period, active cellular subscriptions grew by 8.9-percent to 21.9 million from the previously recorded 20 million by mid-2023.

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