KEY POINTS Both M-Pesa and MTN rely heavily on agents for their services. Kenya’s M-Pesa has about 600,000 agents both within and without Kenya while MTN has 974,000 agents. When it comes to agents, MTN beats M-Pesa but this is expected given the number of countries it is present in. Safaricom’s M-Pesa has been growing […]
Nairobi — Safaricom has announced a revamp of its data plans with both prepay and postpay customers set to enjoy up to 100pc more data on their favorite daily, weekly, monthly and select all-in-one plans. The move is set to offer customers increased value in recognition of the prevailing economic landscape that has seen the […]
Safaricom PLC headquarters in Westlands, Nairobi. PHOTO | DENNIS ONSONGO | NMG Safaricom has partnered with Gulf African Bank to introduce a Shariah-compliant mobile finance service that will see the bank earn a five percent profit. The bank will disburse the cash –up to a maximum of Sh20,000— and will recover the amount plus the […]
Safaricom Board Chairman Michael Joseph. The Central Bank of Kenya (CBK) is pushing telecommunications companies towards full interoperability – the ability of customers to pay anyone anywhere, with settlements happening in real-time. While this is good news for customers, the revolutionary idea has Safaricom, Airtel Kenya and Telkom pulling in different directions. Safaricom, whose mobile […]
Treasury CAS Nelson Gaichuhie (left) and NCBA Group Director John Gachora during the launch of the NCBA Economic Outlook Report 2020. Customers have saved Sh32 billion on NCBA mobile account, M-Shwari , and used it to borrow nearly three times the amount. NCBA Group Managing Director Mr John Gachora says the amount was in the […]
Safaricom and Airtel have filed a notice of appointment of law firms to defend the telcos in a case filed by a Kenyan residing in the UK seeking to block fresh registration of mobile phone SIM cards. Mr Eliud Karanja Matindi named the two leading mobile operators as respondents in the case that seeks to […]
Safaricom Home Fibre Data subscriptions in Kenya are very interesting, and each telco has been trying to expand its market share by as many units as possible. During the second quarter of the 2021/2022 financial year that ended in December 2021, it emerged that data and broadband subscriptions were recorded at 46.35 million and 29.15 […]
Safaricom indicated it was confident about launching financial services in Ethiopia soon as it reportedly began a process to hire a head for its m-Pesa mobile money unit in the country. Business Daily Africa reported Safaricom had put out a notice to announce a vacancy advertising a role as head of department for m-Pesa, sitting […]
Network operators Telkom, Safaricom and Airtel Kenyan have announced the interoperability of their mobile money service platforms, allowing payments to Lipa Na M-Pesa Buy Goods tills from any of the three networks, although this excludes PayBills. This is the first phase towards complete merchant interoperability, with the aim to let customers of T-kash, M-Pesa and […]
Garissa Township MP Aden Duale has accused Communications Authority of Kenya (CA) Director general Ezra Chiloba of working with their political nemesis to their disadvantage ahead of the August 9, polls. His sentiments come in the wake CA directive requiring all unregistered mobile lines users in Kenya to register themselves by April 15 or be […]
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