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Welcome to the global village

12 Jun

Globalisation, International trade, exchange rates and immigration; these are just some of the phrases that tell you we are living in the global village. Our understanding of this term is relative to our circumstance and the context in which the phrase is used. For me it is a metaphor of the new media technology and the speed and ease it has brought to different aspects of our lives.

The phrase speaks of connectivity, speed and an awareness of what is happening half way round the globe- when it happens; all of which are important to anyone who is living thousands of miles away from their loved ones.

Enter Kenya’s new mobile-money system called M-PESA. It is really is changing the way Kenyans manage their money, by letting them borrow, save and pay for services more easily. M-PESA is a mobile money transfer service in Kenya offered by Safaricom, which has attracted more than 13.5m customers since its launch in 2007. Its services have been welcomed by thousands of Kenyans working abroad. According to the Central Bank of Kenya, Kenyans living outside their home country sent USD642m home in 2010 – up from the USD609m sent home in 2009.

This means that, if for some odd reason you were not yet a part of this global village, all you need is a mobile phone and you are officially in!


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