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 effortHahaha Vodafone is seeking rights to operate in ET (vodafone is safcoms parent company)
Safcom runs and operates mpesa. The servers for serving ET will be located in NBO. Safaricom is the largest company in terms of revenue in east and central africa and mpesa is a Kenyan innovation to the world
See your problem: Safaricom does not report profits from MPESA installed in other countries, only in kenya.Fact: Vodafone owns shares in Safaricom but Safaricom is a completely separate entity.
Fact: Safaricom reports annual revenue and profit from Mpesa. Profit is the money it remains with after licenses, taxes and other fees eg. to agents.
Fact: The final profit (including from Mpesa) is given to all shareholders as dividends. This includes Vodafone, GOK and the public.
Just because a landlord owns a premises doesn't mean you can't operate a business profitably.
Whatever will be launched in Ethiopia will be under Safaricom not Vodafone. Vodafone will still get their agreed licence fee, but you can't sit here and tell us that you know all the other revenue sharing details.
And the Ethiopia of last year is different from that of today. It's not music to Tanzanians ears, but they are opening up their market.
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
Mpesa is now under control of Vodacom SA. Read the explanations from Bob Collymore.Fact: Vodafone owns shares in Safaricom but Safaricom is a completely separate entity.
Fact: Safaricom reports annual revenue and profit from Mpesa. Profit is the money it remains with after licenses, taxes and other fees eg. to agents.
Fact: The final profit (including from Mpesa) is given to all shareholders as dividends. This includes Vodafone, GOK and the public.
Just because a landlord owns a premises doesn't mean you can't operate a business profitably.
Whatever will be launched in Ethiopia will be under Safaricom not Vodafone. Vodafone will still get their agreed licence fee, but you can't sit here and tell us that you know all the other revenue sharing details.
And the Ethiopia of last year is different from that of today. It's not music to Tanzanians ears, but they are opening up their market.
There is this stupid mentality among urban fellow countrymen to claim everything good Kenyan. This report below tells exactly what happened.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
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 youYeah.
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.
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.Fact: Vodafone uk owns mpesa platform and licences every Mobile Network operator who uses it including safaricom.
Fact: Vodafone UK pays safaricom for hosting services, previously Vodafone used to charge both lincence and server hosting before the servers were relocated to kenya.
Non Fact: Depending on Ethiopian Laws on finacial transaction hosting, ethiopia may prefer that the servers are located within their boarders..Judging by the protectionist regime of the ruling party, most likely selfhosting to happen.
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
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
So is the Mpesa control went with that restructuring. Read belowVodacom is a company owned by Vodafone.
The British simply restructured to reduce their tax obligations.
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!
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.
Eti My Take: On your own comment? Aiseee! Please, stop using drugs.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
Tony254From invention to ownership, Kenya has nothing to claim of Mpesa! U r just a loser nation claiming of anything not urs!
'Kenyan did not invent famed M-Pesa’