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23. Digital Business Transformation in Silicon Savannah: How M-PESA Changed Safaricom (Kenya)

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Auch die Leinwand von myposter erreichte weniger als 24 Stunden nach der Bestellung die Redaktion. Box— NAIROBI, KENYA. Arcade Forex Bureau Ltd. Forex bureau in nairobi. The growth in was because of resilient expansion in the mobile telephony network and increased uptake of Internet services. The telecommunications sub-sector continues to be a significant contributor of this growth, with Safaricom and other players supporting economic growth.

In March , inflation was at 6. In the period under review, the foreign currency exchange market improved and the local unit stabilized at KES In light of the strong financial performance, the Board recommended a dividend of KES This is once again the largest dividend in Kenyan corporate history.

Source: Safaricom Annual Report Safaricom Blogger, October More information can be seen at: Beshouri, Christopher P. Riaga, May More information can be seen at: Riaga, Odipo, May The three Safaricom overpriced products that generated the Shs According to CGAP , referencing the Kenyan Central Bank, mobile money contributes to 6. This means that M-PESA is important, but does not necessarily pose a systemic risk Brian Muthiora GSMA , September Gerdeman, Sep Transfers between businesses and persons started in Chamas, locally also called merry-go-rounds, are saving groups, mostly attended by women, who collect funds saving without interest together in order to achieve group savings goals like receiving a loan because a collective is seen as more reliable than an individual or individual savings goals like cashing out group savings for business investments Ludwig More information can be seen at: Ludwig, Stephanie, Socio-economic impacts and creative usage of mobile financial services among low-income micro-entrepreneurs.

Evidence from an ethnographic field research in Kenya.


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Vienna: University of Vienna, Austria. Unlike Short Message Service SMS , USSD messages create a real-time connection during a USSD session. The connection remains open, allowing a two-way exchange of a sequence of data. This makes USSD more responsive than services that use SMS. Kemibaro, November Daily Nation, December Mohammed, July It is a wholly owned subsidiary of Equity Group.

Masinde, July Read more about Equitel on 7 www. Karuga, July More information can be seen at: Karuga, Edwin, July What is Equitel and How Does it Work?

Techmoran, May The current payment set-up using M-PESA is much slower as it requires users to follow through several stages before a transaction is completed. Pulver et al. Ipsos Research , cited in Kubania, March Internally commissioned research performed by Millward Brown, cited in Safaricom Annual Report More information can be seen at: Kihara, Allen and Dr. Gordon K. Safaricom already had the widest network coverage in the country, with over base stations, nearly half of them 3G-enabled.

It worked the same way on the latest iPhone as it did on older devices like the Nokia feature phone. CIO East Africa, March Alai, March More information can be seen at: Alai, Robert, March , Safaricom 2. Kariuki, February Technological innovation is therefore very time sensitive not too early or too late.