×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Michael Joseph: This is not the Fuliza I wanted at Safaricom

Vocalize Pre-Player Loader

Audio By Vocalize

Safaricom Board Chairman Michael Joseph. He regrets the borrowing spree witnessed on M-Pesa linked lending products. [David Njaaga, Standard]

For all the good things M-Pesa has brought, Michael Joseph, the man who gave life to the transformational idea that won global praises has some regrets too; the borrowing frenzy.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By Ben Ahenda 58 mins ago
Boxing
Mixed results for top boxers as Police, KDF lead after first leg
By Joan Oyiela 14 hrs ago
Sports
Kipyegon storms to victory in DL opener
Sports
Kenya basks in 10,000m glory at African Senior Athletics event
Sports
Eldonets and Stanbic Aces win as UoN, Strathmore students falter