Author Topic: Cellulant valued at Sh10.8 billion; The Rise Fund buys 40%  (Read 1307 times)

Offline gout

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Cellulant valued at Sh10.8 billion; The Rise Fund buys 40%
« on: January 07, 2019, 03:52:13 PM »
Mobile payments are a big thing as long as our governments do not choke it out through overambitious taxes.

https://www.businessdailyafrica.com/corporate/companies/Cellulant-valued-at-Sh10-8bn-in-American-fund-stake-purchase/4003102-4924138-61o77m/index.html
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline Georgesoros

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Re: Cellulant valued at Sh10.8 billion; The Rise Fund buys 40%
« Reply #1 on: January 07, 2019, 04:56:58 PM »
How will it affect Mpesa?

Offline gout

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Re: Cellulant valued at Sh10.8 billion; The Rise Fund buys 40%
« Reply #2 on: January 07, 2019, 05:04:52 PM »
Cellulant  is built on value adding around Mpesa and core bank products so more business to Safaricom and banks.
https://www.cellulant.com/our-story/
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine