Tanzania’s mobile money transactions totals $22.5 billion

Tanzania’s mobile money transactions totals $22.5 billion

Geza Ulole

Geza Ulole

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Tanzania’s mobile money transactions totals $22.5 billion
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ByThe Exchange
Posted on January 4, 2018
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EZY PESA MARKET SHARE HAS REMAINED UNCHANGED WHILE HALOTEL MONEY ONLY LAUNCHED IN APRIL 2017, GAINING SINCE 358,217 USERS.

Tanzania, Jan 4 – The Tanzania Communications Regulatory Authority (TCRA) has released their Quarterly Statistics Report of Q3 2017 that has recorded a significant numerical rise in the Mobile Money Subscriptions (Mobile Money Accounts).

The number went up to 21,611,855 in September 2017 that as well records good business prospects.

The data shows that the figures have had +6.5% increases that sets the figures to 1.3 million as compared to the initial 20,285,810 recorded at the end of Q2 2017. There was a potential increase of +24.1% to record 4.2 million accounts registered in comparison to 17, 06,033 registered in September 2016.

Mobile money M-Pesa of Vodacom continues to express its dominance in the market with a whopping 37% share, which is followed closely by Airtel Money with 32%. Tigo Money falls on the third with 28% as Halotel Money trails with 2% and Ezy Pesa of Zantel finishes with 1% dominance.

Despite their presence and dominance in the market, M-Pesa and Tigo Pesa slipped their control in 2016, falling from 41% and 36% market share in that order at the conclusion of Q3 2016. Airtel Money recorded a better data showdown with a rise from 22% in its market share same year.

Ezy Pesa market share has remained unchanged while Halotel Money only launched in April 2017, gaining since 358,217 users.
Tanzania's mobile money transactions totals $22.5 billion - The Exchange
 
Mwanzi1 said:
Naangali ya Tanzania ni Q3, naagalia ya Kenya nayo pia ni Q3. Sasa sijuwi wakenya wanabisha nini. Labda wanatrgema Q4 wataibia kutupita lakini sio rahisi na uchaguzi na mgomo wa NASA.
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Wanachanganyikiwa hawaamini jinsi tunavyowapita kila sector, wapo katika severe form of denial, sifa zote na majigambo zinakwisha. Kenya has no muscle to fight Tanzania economically, Kenya economy is very inflammable not stable at all.
 
joto la jiwe said:
Wanachanganyikiwa hawaamini jinsi tunavyowapita kila sector, wapo katika severe form of denial, sifa zote na majigambo zinakwisha. Kenya has no muscle to fight Tanzania economically, Kenya economy is very inflammable not stable at all.
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Wengi hawakutegeme Tanzania kuamka katika uhai wao wa sasa, walijuwa kuna siku Tanzania itaamka lakini maybe when they are all long gone. Lakini Tanzania inaibuka na kusonga mbele right in front of their eyes. Usione hivyo, serikali ya Kenya imechangayikiwa hawajuwi washike wapi, population is growing fast but resources are diminishing.
 
Mwanzi1 said:
Wengi hawakutegeme Tanzania kuamka katika uhai wao wa sasa, walijuwa kuna siku Tanzania itaamka lakini maybe when they are all long gone. Lakini Tanzania inaibuka na kusonga mbele right in front of their eyes. Usione hivyo, serikali ya Kenya imechangayikiwa hawajuwi washike wapi, population is growing fast but resources are diminishing.
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Of course you are right umeongea kitu kikubwa "population is growing fast but resources are diminishing" hii hali ndio inawafanya wakenya wawe wadogo kwetu leo na kesho resources muscles hawana kwa namna Tanzania ilivyo barikiwa kwa rasilimali nyingi Kenya hana ubavu wa kujilinganisha na Tanzania kwa namna yoyote ile.
 
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