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HOUSE_OVERSIGHT_032159 - HOUSE_OVERSIGHT_032161
who were trying to re-establish their lives." That model was extended and now mobile money transfers are central to Econet Wireless's business. Like M-Pesa before it, the company blurs the lines between telecomms and banking. Masiyiwa is passionate about this latter part of his business. He believes that
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s license or passport. Africa (Kenya is where this started) is already the home to a major, and innovative, cash based mobile banking system called M-Pesa and much has been written about it. It is a sophisticated system developed by major international mobile operators, led by Vodafone. M-Pesa provides