Safaricom now fully owns M-Pesa Holding. Yesterday, the telecoms announced that it had completed the acquisition of the entire issued share capital of M-Pesa Holding Company Limited (MPHCL), the corporate trustee company for M-Pesa.Click for more in #TCDaily.
Vodafone has announced that it would sell M-Pesa Holding Company Limited (MPHCL), the company that manages all M-Pesa deposits, to Safaricom for $1. Per its financial statement, the transaction began on April 17, 2023, and should be completed by July 2023. M-Pesa Holdings is different from the M-Pesa service Safaricom…