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Switch on your mobile phone and make cash

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By NG'ANG'A MBUGUA
Posted  Sunday, September 7  2008 at  17:25

In Summary

  • Safaricom is partnering with Equity Bank to put bank accounts in the hands of mobile phone users.
  • Kenya becomes first country in the world to introduce financial transactions system that does not involve a card.

Power struggle

It is not enough for a president to say that his life is in the hands of God. Where possible, the government should give accurate information that will keep the public in the know and prevent unnecessary power struggle among ambitious politicians.

Get well soon, Mr Yar’Adua. Your country needs you.

mbuguajn@yahoo.com

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Add a comment (4 comments so far)

  1. Submitted by tmaritim

    It is indeed a very welcome innovation particularly from a third world economy.I hope their security systems are fully guarded now that there seems to be Nigerians conmens at every corner of the city ready to prey at any loophole in the system. CONGRATS to Equity,zain + Safaricom partnership.

    Posted  September 09, 2008 11:53 PM  
  2. Submitted by Salgida

    it is so encouraging to see what safaracom, equity and Zain are doing in improving the lives of the poor while at the same time making profits. It creates such abeautiful win win situation whose beneits are both long and short term, congratulations to these socially responsible companies.

    Posted  September 08, 2008 09:44 PM  
  3. Submitted by Ireadlines

    "Do African leaders ever fall sick?" I looked at a photograph of the Nigerian president last week. Fro my point of view, really, the man needs our prayers. And his country people need him most. I wish him a quick recovery

    Posted  September 08, 2008 04:53 PM  
  4. Submitted by Kimani S T

    This is agreat idea but it might be dangerous for crooked who may take advantage of the ignorant to swindle money

    Posted  September 08, 2008 05:41 AM