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Viewpoint: Regulators Walk the ‘Mobile Money’ Line
Banking-by-phone is on the rise, and so are the risks of anti-competitive behaviour and money laundering.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom Poised to Widen M-Pesa Availability
“We think it’s time to level the playing field and so it doesn’t matter how big your GSM base is, customers should be able to access our service,” he added. “We very much see M-Pesa becoming like an OTT service.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenya Regulators Warn MPs on Safaricom Split Bill
The issue of competition in Kenyan market is an issue politicians and regulators have regularly investigated over the last two years, with calls to spin-out mobile money units nothing new.
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- Finance, Technology
- Region
- Sub-Saharan Africa
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The Return of Michael Joseph at Safaricom
Following his appointment by the board as the interim CEO, Kenyans on social media argued that the company should have appointed a Kenyan, with one of the firm’s executives trending on Twitter.
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- Finance, Technology
- Region
- Sub-Saharan Africa
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M-Pesa, Airtel Money Set for Split in New Bill in Kenya
Safaricom, Airtel and Telkom Kenya will be required to split their telecommunications business from their mobile money transfer and lending units if a Bill set to be presented for debate in Parliament is passed into law.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
The deal, for 12 million euro ($13.4 million), will allow both companies to save in royalties paid to Vodafone.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Equity Bank, Safaricom in a New Financial Inclusion Union
“At Safaricom, we are continuously driven to explore new ways to provide our customers with the best possible experience on our network. As we continue on our journey to become a more widely accessible digital platform, symbiotic partnerships like this one will unlock new opportunities for our entire ecosystem to benefit from enriched innovation – all based on a socially conscious business model,” said Bob Collymore, CEO, Safaricom.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Safaricom CEO to Leave as Row Erupts Over Successor: Sources
Bob Collymore has helped to build Safaricom into East Africa’s most profitable company, thanks to the popular mobile money transfer service M-Pesa and a growing customer base.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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