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The Standard Group Plc is a
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Kenya: The technological advancement in Kenya has a great impact on the way people behave and perceive things in their lives.
Let’s start with the fight between Equity and Safaricom. Indeed, it is not only a fight but a fair fight. This kind of fight in business jargon is called competition.The introduction of Mpesa into money business has shaped our transactional systems in both telecomunication and banking business. The sour relationship between the two stakeholders on M-Kesho product led the bank to introduce Equitel which was aimed at reducing if not to eliminate monopoly that has been enjoyed by safaricom for long.
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