Perspective

Video - The telecoms business which pioneered a payment system lifting thousands out of poverty


Mobile phones have proved even more essential in regions of Africa where it's easier to erect masts than lay cables. But increasingly the benefits of telecommunications go beyond connecting people through calls and texts.

In this, the first in a new series of videos demonstrating the significance of companies’ stories beyond simply how profitable they are in the short term, we focus on Safaricom. The telecoms business pioneered a payment system which has had a transformative effect.

The views and opinions contained herein are those of Schroders' investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.'s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.