Mobile money transactions maintain annual upward surge

15Sep 2020
Francis Kajubi
Dar es Salaam
The Guardian
Mobile money transactions maintain annual upward surge

MOBILE money transactions have maintained an upward increment from 8.32trn/- last year to 10.66trn/- in June this according to a new report by Tanzania Communications Regulatory Authority.

TCRA director general, Engineer James Kilaba.

The TCRA quarterly communications statistics report said Vodacom Tanzania Plc’s

M-Pesa platform maintained its lead in the market with 5.96trn/- from a total of 106,677,433 transactions made by subscribers during the period.

“TigoPesa followed in the list with transactions worth 2.33trn/- involving 80,429,264 transactions while Airtel Money took the third position with 61,592,957 transaction worth 1.97trn/-,” the TCRA report stated adding that HaloPesa came in fourth with 286bn/- involving 19,652,265 transactions while EzyPesa managed 92.51bn/-.

In comparison to the corresponding period of last year, M-Pesa transactions grossed 4.88trn/-, TigoPesa had 2.02trn/-, Airtel Money managed 1.22trn/- while HaloPesa had 111.12bn/- and finally EzyPesa subscribers transacted 68.17bn/-. State owned TTCL remained at the bottom of the list with only 7.90bn/-worth of transactions.

Meanwhile on East Africa voice tariff development during the period, the regulatory body said the cost of making a call per minute without subscribing to a bundle, increased by 300/- compared to last year’s price. Airtel subscribers paid 1,035/- as of June this year up from 750/- they paid the corresponding period last year. Tigo subscribers paid 1,020/- compared to 739/- while Vodacom subscribers paid 994/- from 720/- during the period under review.

The TCRA statistics also show that small companies charged subscribers more compared to big telcos with Smile customers paying 1,537/- this year compared to 1,314/- last year; TTCL charged 703/- from 600/- ; Zantel charged 1,020/- compared to 720/-. The regulator however stated that Halotel maintained constant charges for the period at 875/- per minute.

In addition, international voice tariffs also experienced an increase with Vodacom raising it from 1,459/- to 2,015/- per minute, Tigo increased its charges to 1,887/- from 1,367/- while Airtel’s rates rose to 2,098/- from 1,520/- per minute.

Smile subscribers paid 1,743/- from 1, 490/-; state owned TTCL’s customers paid 1,515/- from 1,294/- while Zantel also raised charges to 1,450/- from 1,040/- per minute. The report stated that total international tariff from April to June this year peaked 31,473,814.

On the telcos share of the domestic market, TCRA said Vodacom remained the leader with 33 percent market share , followed by Tigo Tanzania which had 27 percent, Airtel Tanzania came third with 26 percent, Halotel retains 10 percent, Zantel three percent and TTCL one percent.