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M-Pesa beats voice as Safaricom’s top earner

safcom-ndegwa

Safaricom chief executive Peter Ndegwa during the company's launch of 5G. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Mobile money platform M-Pesa has overtaken voice to become the biggest revenue earner for Safaricom #ticker:SCOM, underlining the growth of the financial service that was launched on March 6, 2007.

The platform’s revenue declined 2.1 percent to Sh82.64 billion in the year ended March, surpassing sales from voice which recorded a larger drop of 4.6 percent to Sh82.55 billion.

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Note: The results are not exact but very close to the actual.

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