[kictanet] Vodafone takes home Sh1bn of M-Pesa revenue

Thu Nov 8 22:33:03 EAT 2012

IN SUMMARYAt the board level, the number of Vodafone representatives has increased from three in 2008 when it had Michael Joseph as CEO and directors Collymore and Gavin Darby, to five, giving the UK firm a critical muscle in Safaricom.The government has three seats in the board represented by Esther Koimett (the Investment Secretary at Treasury), Susan Mudhune and Nicholas Nganga (chairman).Vodafone is represented by Mr Collymore, Timothy Harrabin, Karen Witts, Nicholas Read and former Safaricom CEO Michael Joseph, currently director of mobile money at Vodafone.http://www.businessdailyafrica.com/Corporate+News/Vodafone+takes+home+Sh1bn+of+M+Pesa+revenue+/-/539550/1615422/-/2d3k5h/-/index.html 		 	   		  
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