Kenya to set world record $27bn mobile money transfers in 2015

[Murad]

30 Dec, 2015

Kenya’s mobile money transactions hit $23 billion in the 10-months to October which is $4 billion more than in the same period last year, according to data from the country’s Central Bank.
The East African country leads the world in mobile money use, and could make a new record this year. Kenya’s 10-month transactions equal the country’s entire transfers for 2014.

The use of the service this year could surpass the $27 billion mark, an unnamed information technology expert told the Xinhua news agency.

"If subscribers transact an average of $2.2 billion a month, then it means in November and December they will move at least $4.4 billion. If you add it to $23 billion it comes to $27.4 billion, which is a new record," said the expert.

Kenya’s average monthly transactions stood at $2.2 billion this year compared with $1.9 billion in 2014.

October saw the most transferred when $2.51 billion was sent via mobile phones. It’s the highest ever transaction made in the history of mobile money services.

Kenyans use mobile financial services to buy goods, pay bills, pay fares, send and receive money. It’s the easiest way to make payments as most of the people don’t have bank accounts.

Analysts relate the rise in mobile money use to an increase in mobile providers and promotion of the services.

According to the data from Central Bank of Kenya, the number of mobile money subscribers as of October reached 28.5 million, up from 27.3 million in September. The number of service agents stood 140,612 in October.

Allow barwaaqada u siyaadi wadankeyga Kenya. Amiin.

 

[Bahal]

Wallahi y'all third class citizens

siilaanyolaugh

Wadankeyga

 

[Duchess]

Hold up, wait a minute. @Murad posted about the Lower Shabelle region, neg repped me, and now claims Kenya.....It's the return of the Zanj.

 

[Murad]

Who is a third class citizen in Kenya?

 

[Bahal]

http://m.huffpost.com/uk/entry/7857152

"The government's monopoly on citizenship means that 60% of Somali residents living in the North Eastern Province of Kenya, the area most densely populated with Somalis, do not have ID cards. Upon failure to produce an ID card, Somalis can be arrested and punished. Video footage captured by Al Jazeera shows the military forcibly bundling innocent men and women into trucks, with one man shouting 'I am not al-Shabaab'. Somalis are being deliberately kept in a state of vulnerability."

https://news.vice.com/article/exclu...utal-abuses-by-kenyan-counterterrorism-forces

 

[Murad]

Why are you being xaasid? If Kenya continues to progress and attain further prosperity, that can only be beneficial to Somali Kenyans. Being bitter about Kenya's successes won't benefit anyone, surely not Somalis.

 

[Queen Carawelo]

The dumb ass is back.

 

[Bahal]

Why are you being xaasid? If Kenya continues to progress and attain further prosperity, that can only be beneficial to Somali Kenyans. Being bitter about Kenya's successes won't benefit anyone, surely not Somalis.

Motherfuck Kenya



If it wasn't for the British my forefathers would have pushed the Bantus to the sea.

 

[John Michael]

Hold up, wait a minute. @Murad posted about the Lower Shabelle region, neg repped me, and now claims Kenya.....It's the return of the Zanj.

I should of known, halyeey qurun never replies back to me. Lol
Fuley xaar weyn. Kkkkkkkkk

Why are you being xaasid? If Kenya continues to progress and attain further prosperity, that can only be beneficial to Somali Kenyans. Being bitter about Kenya's successes won't benefit anyone, surely not Somalis.

Hi halyeey qurun!

 

[Murad]

Motherfuck Kenya



If it wasn't for the British my forefathers would have pushed the Bantus to the sea.

Somalis don't border Bantus in the North Eastern Province but rather Nilotes and other Cushites.

 

[Jubba_Man]

@Duchess How can Halyeey be back if he never left according to you and most others on here? siilaanyolaugh

 

[SOMACOON]

@Duchess How can Halyeey be back if he never left according to you and most others on here? siilaanyolaugh

It makes no fucking sense
Shes accusing @Murad of being my boy Halyeey Qaran, yet will not ban him?

 

[Murad]

Just for the record, I'm not HalyeeyQaran nor do his views represent mine.

With that being said, let the thread commence. siilaanyolaugh

 

[John Michael]

Just for the record, I'm not HalyeeyQaran nor do his views represent mine.

With that being said, let the thread commence. siilaanyolaugh

Why ignore me?

 

[Nabeel786]

Majority of that money came from Somali pocket.

 

[Duchess]

@Duchess How can Halyeey be back if he never left according to you and most others on here? siilaanyolaugh

Just for the record, I'm not HalyeeyQaran nor do his views represent mine.

With that being said, let the thread commence. siilaanyolaugh

We will see. Awaiting confirmation from the boss.

 

[Murad]

@Duchess is ruining the integrity of this messageboard with her tribal bias and unwarranted banning of highly respected members. I would advise the @administrator to sack her before she puts the final nail into the coffin of this burgeoning, young website.

I'm sure most of the users here would greatly agree with this point.

 

[Duchess]

@Duchess is ruining the integrity of this messageboard with her tribal bias and unwarranted banning of highly respected members. I would advise the @administrator to sack her before she puts the final nail into the coffin of this burgeoning, young website.

I'm sure most of the users here would greatly agree with this point.

Why so emo? If you're not @HalyeeyQaran then you have nothing to worry about.

 

[John Michael]

Joined Monday but has a huge chip on his shoulder.

 

[SOMACOON]

Why so emo? If you're not @HalyeeyQaran then you have nothing to worry about.

Assumption is detestable