M-Pesa rates cut in Tanzania
Vodacom Tanzania has cut its M-Pesa transfer fees by up to 75%.
The country MD, Rene Meza, said the mobile money transfer service had become important to Tanzanians, and cutting the transfer fees would allow a broader spectrum of the market to transfer even small denominations.
M-Pesa is also running a promotion in which users have a chance to win cash prizes totalling Sh480 million up for grabs.
Meanwhile, Vodacom Tanzania has also launched a nationwide campaign to raise funds for the treatment of women suffering from obstetric fistulas after childbirth.