Tanzania telcos in Africa's first 'interoperable' mobile money pact

Telecoms in Tanzania --Airtel, Tigo and Zantel-- have partnered in a deal to adopt interoperable mobile money services. Photo/FILE

Airtel, Tigo and Zantel Wednesday announced a pioneering agreement to allow their respective subscribers in Tanzania to send money to each other whether using Airtel Money, Tigo Pesa or EzyPesa on their mobile handsets.

The service, which begins this month, is expected to set a precedent for other markets such as Kenya, where Airtel has been pushing for the interoperability of mobile money services. 

PAYE Tax Calculator

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