The Kenya Pension Fund Investment Consortium, whose members control about $2.63 billion in assets under management, says it has identified 17 infrastructure projects in the water, energy, affordable housing and roads sectors that are viable for investment. PHOTO | PSCU For pension funds, long-term bonds align more closely with their long-term investment outlook, unlike banks […]
Tag: safaricom
Why Safaricom, Airtel are fighting over call rate cuts
Airtel Networks Kenya has criticised Safaricom for seeking to scuttle the recently announced cut in mobile termination rates (MTR), accusing the telco of only being interested in protecting its revenues from rivals. MTRs are the charges levied by a mobile service provider on other telecommunications service providers for terminating calls in its network. The Communications […]
CA’s move to cut termination rates good for telco industry
The move by the Communications Authority of Kenya (CA) to slash domestic mobile termination rates (MTRs) and fixed termination rates (FTRs) to Sh0.12 from Sh0.99 effective January 1, 2022 is positive for the telecommunications sector. A termination charge is the interconnection cost to terminate a voice call, whether fixed or mobile on a network. Think […]
Where top investors made money in 2021
Medium term to long-term government bonds offered investors the highest returns this year out of the main asset classes in a period the economy started recovering from the ravages of Covid-19. The debt securities auctioned this year had fixed interest rates of between 9.49 percent and 13.44 percent, giving investors guaranteed income over their holding […]
NSE cuts same-day trading charges in new rules to increase investor activity
A trader at Nairobi Securities Exchange trading floor at the Exchange Building in Nairobi. FILE PHOTO | COURTESY Nairobi Securities Exchange (NSE) Plc has reduced transaction fees by five percent for equity investors who adopt the same-day trading model. The bourse is gearing up for the implementation of a Day-Trading model in equity transactions in […]
Fintech and disputes – Perspectives from economies in Africa
Financial technology (Fintech) is used to describe new technology that pursues to develop and automatically structure the delivery and use of financial services. Fintech is assisting business owners, local market traders, companies and consumers to better manage their finances, operations and processes. The convergence of Fintech spans across a broad range of sectors such as […]
Safaricom to up SMS promos as text traffic falls, WhatsApp grows
Safaricom says it will increase personalised SMS promotions to customers to slow down the pace at which the text messaging service is ceding ground to chat applications such as WhatsApp. The telco, which commands about 90 per cent of the SMS market share, admits that the popularity of the service has been declining and it […]
Why lower mobile call rates are game changer for telcos
A happy woman talks on her mobile phone. [Getty Images] In July 2010, the Communications Authority of Kenya (CA) slashed mobile termination rates (MTR) by half from Sh4.42 to Sh2.21, ushering in the most intense price war in Kenya’s telecommunications sector. A few weeks later, Kenya’s second mobile operator Airtel announced a new tariff, Jikonnect […]
Only 26 Million Smartphones Are Accessing Mobile Networks in Kenya as Feature Phones Lead
Nokia 3310 Screen Postpay and Prepaid Services in Kenya Have you ever asked yourself how many Kenyans use post-pay services? Well, the numbers are quite low because the market is more inclined to pre-paid contracts. This makes it easier for consumers to communicate because they can easily top up their lines with airtime they can […]
CA slashes mobile call rates after six years
The Communications Authority of Kenya (CA) on Wednesday cut the rate mobile phone operators charge each other for interconnecting customers by Sh0.87 or 87.7 percent, signalling lower call tariffs. The regulator cut the charges commonly referred to as mobile termination rate (MTR) from Sh0.99 to Sh0.12 to match shifts in technology that have made mobile […]