A Vodacom retail store. The use of mobile payments has grown in Tanzania with customers having access to more points of sales, paying utility bills, government tariffs and even school fees. PHOTO FILE | NATION
Vodacom Tanzania earnings rose by 6.5 per cent in the six months to September 2019, driven by strong revenue growth in its M-Pesa, mobile data and messaging services.
M-Pesa revenue increased 15.9 per cent to Tsh182 billion ($78 million) from Tsh157 billion ($67.4 million) in the same period last year, while data revenue was up 17.4 per cent to Tsh91.2 billion ($39.1 million) from Tsh77.6 billion ($33.3 million) in 2018.