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

[Kivuva]

On 9 November 2012 00:56, Edwin Onchari <eonchari at lynxbits.com> wrote:

> Ramifications of the skewed representation?****
>
> **
>

Not really Edwin, Vodafone owns the MPESA brand, and its a majority share
holder at Safaricom.



> **
>
> 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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