Home Business Safaricom opposes push to make M-Pesa separate unit

Safaricom opposes push to make M-Pesa separate unit

safaricom plc
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Business Daily | by Patrick Alushula


Safaricom will not spin out the lucrative M-Pesa unit into a stand-alone business, bucking the trend by other telcos such as Airtel Africa and MTN Group.

The telco says that it wants to retain the connection between its business lines and to ride on data analytics to grow revenue as opposed to breaking up the company…

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