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Safaricom Hits 30 Million Monthly Active M-PESA Users in Kenya

Image sourced from Business Daily. Telco Safaricom has revealed that its active M-PESA users have surpassed the 30-million mark for its Kenya customers, according to Techweez. Techweez says that this new development follows after the product’s 15th birthday after its launch in May 2007. M-PESA has the most active market accounting for more than 30 million of the service’s 51 million customers across Kenya, Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho, Ghana, and Egypt. “The growth in M-PESA customer usage has been driven by the launch of various innovations over the years including financial services such as M-Shwari, KCB M-PESA, and Fuliza,” Peter Ndegwa, CEO of Safaricom, said. Last year, Safaricom launched the M-Pesa Super app that enables users to request payments, s...

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China accuses India of discrimination over latest app ban

Beijing lashed out at India on Wednesday after it banned another tranche of Chinese apps for national security reasons, the latest sore point between the two nuclear-armed neighbours. Tensions remain high between Beijing and New Delhi after a deadly June clash in a disputed border area that left 20 Indian soldiers dead and an unspecified number of Chinese casualties. India banned 43 Chinese apps on Tuesday — including some from e-commerce giant Alibaba — for threatening “sovereignty and integrity”. China said it had “serious concerns” about the move and India’s “so-called pretext of upholding national security”. “The relevant methods clearly violate market principles and WTO guidelines, and severely harm Chinese companies’ legal rights and interests,” said foreign ministry spokesman Zhao L...