Prof Kabudi said in Dar es Salaam during a meeting with Airtel Tanzania Managing Director, Sunil Colaso, that allowing Airtel Money transactions to other EAC countries is good for integration.
He told Colaso who paid him a courtesy call to brief him on the current development where Airtel Money users from the EAC countries will be able to transact across borders.
“This partnership between Airtel Tanzania and other Airtel operators in Kenya, Uganda and Rwanda will help to boost business between the four countries as it will be easy to pay through an integrated Airtel Money system,” he said.
The Minister said that the fact that traders will not be forced to carry huge sums of money when travelling across borders is a major development as it is not only safe but also efficient and free from intrusion.
“We as government welcome this move by Airtel Tanzania and we pledge to continue cooperating especially on such integration matters so we can boost regional trade with neighbouring countries within East Africa,” he added.
On his part, the Airtel Tanzania’s Colaso said the company believes that enabling transactions between Uganda, Kenya, Rwanda and Tanzania will make it more convenient for individuals to trade easily across borders.
“Airtel East Africa cross border service is also affordable with the most competitive fees compared to other international money transfer methods,” he said. He said so far Airtel Money customers are already receiving money directly into their mobile phones/wallet from Airtel Tanzania’s sister operators in Zambia and Malawi and from several other money transfer operators across the world including, Qatar, Oman, South Africa and United Kingdom, among others.