Ethiopia embracing Mpesa. Time to break up Mpesa from Safaricom

[gout]

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https://www.businessdailyafrica.com/bd/corporate/industry/ethiopia-changes-law-for-m-pesa-expansion-3794202

Michael Joseph wishy wishy despite admitting opportunity to offer more financial products under CBK regulation - mortgages, asset financing.

[RV Pundit]

Yes about time.

[Kadudu]

Or force Safaricom to open Mpesa to other competitors. Having a monoploy in free market system is not the way to go and always remember the majority of Safaricom is not owned by Kenyans.

[audacityofhope]

Or force Safaricom to open Mpesa to other competitors. Having a monoploy in free market system is not the way to go and always remember the majority of Safaricom is not owned by Kenyans.

For those blinded  by 'economic' accolades dished out to Kibaki over the years, stop and take note of that subtle but important note posted by @KaInsect: ....

Former Nyeri MP Wanyiri Kihoro, said, though Kibaki, as a person, was a peace loving Kenyan, as a President, he performed dismally in uniting the country and would have performed better as a church minister than a president.

His achievements, he said, should not be exaggerated as he had his own shortcomings.



Read more at:

[gout]

The benefits of Safaricom to Kenyans are immense and cannot be equated to dividends only.

https://www.businessdailyafrica.com/bd/corporate/companies/safaricom-contributes6pc-of-gdp-in-one-year-2481500

This is the essence of efficient deployment of FDI.

[Kadudu]

I think you are mistaking Safaricom, the monopoly with Safaricom mobile money transfer service. The same service can be done using other competitors like Airtel and Telkom. Mpesa is now nothing new and has been repeatd allover the world without having one company domination almost all the market.

The benefits of Safaricom to Kenyans are immense and cannot be equated to dividends only.

https://www.businessdailyafrica.com/bd/corporate/companies/safaricom-contributes6pc-of-gdp-in-one-year-2481500

This is the essence of efficient deployment of FDI.

[gout]

Seems Hasla has started eating ufool's lunch. Is the deployment of ufool to Ethiopia a meet up to vomit?

This is big. Unlike Muhoozi spoilt brat tantrums.