Vodacom

The Nairobi skyline rising beyond the savannah; Safaricom, operator of M-Pesa, is Kenya's most valuable listed company.

Majority Rule: How Vodacom Took Control of Safaricom, and What It Means for Diaspora Money

A KSh 272 billion block trade on June 30 handed Vodacom 55% of Kenya's most valuable company. For millions who send money home, the pipes just changed hands.

about 2 months ago4 min

An M-PESA mobile money agent kiosk with green Safaricom branding on a busy Nairobi street in Kenya.

Business

The Rail That Moves the Money Home: What a South African Takeover of Safaricom Means for Kenyans Abroad

Vodacom now controls 55 per cent of the company behind M-Pesa. For millions in the diaspora, the platform that carries their remittances has quietly changed hands.

about 2 months ago5 min