Kenya's Safaricom in 'advanced talks' to take M-Pesa to Ethiopia

Study more, yes it was discovered in Kenya but see who discovered it and who funded it, it was a multinational effort to drive financial accessibility in Africa, not a Kenyan effort
 
See your problem: Safaricom does not report profits from MPESA installed in other countries, only in kenya.
Whichever Journalist wrote that story is suffering from the same confusion as you
 
See your problem: Safaricom does not report profits from MPESA installed in other countries, only in kenya.
Whichever Journalist wrote that story is suffering from the same confusion as you

Yeah.
Because until now, Safaricom has not been managing Mpesa in other countries.
Also, Vodafone has had operations on all those countries.
Ethiopia is changing that.
 
Mpesa is now under control of Vodacom SA. Read the explanations from Bob Collymore.

Vodafone's M-pesa money service to expand further into Africa
 
Yeah.
Because until now, Safaricom has not been managing Mpesa in other countries.
Also, Vodafone has had operations on all those countries.
Ethiopia is changing that.
So safaricom has now acquired vodafone and now proudly owns Mpesa franchise across the globe? You live in a make belief world of santas and fairy tales. Jubilee likes citizens like you
 
And that's what gonna happen as Ethiopian telecoms will operate the service n believe me Vodafone will have no objection looking at the market size.

Believe me what counts for Vodafone right now is to get there fast before Tigopesa or Airtel money or MTN mobile money enter the market before them. And we already saw how EA Brew got manoeuvred by parent company Diageo Plc during Ethiopia acquisition.

It's only Kenyan media is left with this mentality that Kenyan companies are doing big acquisitions across Africa as it can't come into terms with the truth on the ground as it pains to know u r not what u claim to be.
 
So safaricom has now acquired vodafone and now proudly owns Mpesa franchise across the globe? You live in a make belief world of santas and fairy tales. Jubilee likes citizens like you

Yum! Brands owns KFC.
Kuku Food Kenya owns and operates all KFCs in East Africa.
Kuku Foods has not acquired YUM. They have franchised from them.

Just like Kuku Foods, Safaricom can get multiple country licence to operate Mpesa.
 
Vodacom is a company owned by Vodafone.
The British simply restructured to reduce their tax obligations.
So is the Mpesa control went with that restructuring. Read below

Vodacom CEO Shameel Joosub said in May that the network operator could have 50m mobile money customers in the next three to five years.

At the end of March, Vodacom had 32.3m M-Pesa customers in Kenya (through its stake in Safaricom), Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo.

Sassa mulls move into mobile technology

MY TAKE
After snatching the control of Mpesa from Safaricom, Kenya's customer base is part of Vodacom SA.
 
Yaani Geza Ulole umeenda ukaanzisha thread ambayo ina contents za uzi huu lakini ukatumia kichwa tofauti? Eti The real owners of M-pesa are to licence it to an Ethiopian bank. Man are you like five years old??? Act your age, with due respect!

Vodacom CEO Shameel Joosub said in May that the network operator could have 50m mobile money customers in the next three to five years.

At the end of March, Vodacom had 32.3m M-Pesa customers in Kenya (through its stake in Safaricom), Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo.

Sassa mulls move into mobile technology

MY TAKE
After snatching the control of Mpesa from Safaricom, Kenya's customer base is part of Vodacom SA.
 

Let me put it to you in plain English.
Vodafone UK still calls the shots. They restructured the ownership for the books; accounting and reporting.
They control Mpesa and have never given it away.

Vodacom SA is simply the company Vodafone appointed to conduct its dealings in Africa. Minus the South African ownership in Vodacom, it is one and the same company as Vodafone.

Same way they have given the greenlight for Safaricom to launch Mpesa in Ethiopia.
 
Eti My Take: On your own comment? Aiseee! Please, stop using drugs.
 
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