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

Edwin Onchari eonchari at lynxbits.com
Fri Nov 9 00:56:10 EAT 2012


Ramifications of the skewed representation?

 

Kind Regards,

Edwin 

From: kictanet
[mailto:kictanet-bounces+eonchari=lynxbits.com at lists.kictanet.or.ke] On
Behalf Of Grace Githaiga
Sent: Thursday, November 08, 2012 10:33 PM
To: Edwin
Cc: KICTAnet ICT Policy Discussions
Subject: [kictanet] Vodafone takes home Sh1bn of M-Pesa revenue

 

IN SUMMARY

.         At 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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