Image sourced from WeeTracker Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 – effectively for four hours as Kenya’s largest telecom company conducts maintenance on its services for around the 10th time this year. The company says that all M-PESA services, including the […]
Safaricom has launched a new campaign dubbed Mwelekeo ni internet . The campaign will see the introduction of new data offers, more affordable 4G devices to the Lipa Mdogo Mdogo financing plan and showcase the transformative power of the internet. Through the campaign, Safaricom aims to bring more Kenyans into the digital sphere by educating […]
Nairobi — Safaricom chief corporate affairs officer, Stephen Chege, has been appointed Vodacom Group Chief external affairs, effective from November 15. The announcement was made by Safaricom Chief Executive Officer (CEO) Peter Ndegwa. "I am pleased to announce that Stephen Chege our Chief Corporate Affairs Officer, has been appointed as Vodacom Group Chief External Affairs […]
Telkom Kenya is seeking regulatory orders through Parliament to compel Safaricom to cut the fees it charges on its mobile money service M-Pesa for cash transfers to rival platforms. The country’s largest telco currently has cheaper rates for transactions among its customers compared to those charged on cross-platform deals, which rival operators reckon is uncompetitive […]
Top institutions like Safaricom, US media giant Bloomberg, and University of Nairobi face auction of some of their imported goods over unpaid taxes. Kenya Revenue Authority (KRA) in a gazette notice dated October 29 said the firms will lose goods ranging from electronics, power cables, and conference materials to T-shirts in December 1 if the […]
Airtel Kenya and Telkom merger collapsed at the last minute after months of negotiations. When Airtel Kenya and Telkom Kenya announced plans to merge operations to take on market leader Safaricom two years ago, the deal was seen as key to the future survival of the two firms. However, the merger collapsed at the last […]
At an unprecedented ‘physical’ event in the pandemic era, business leaders and policymakers identified key levers for digital impact in Africa. With the theme Accelerating National ICT Agendas , the 18th annual edition of the Innovation Africa Digital Summit (IADS) 2021 was recently held in Addis Ababa. Organised by Extensia, this premier conference in Ethiopia […]
Safaricom has received an honorary recognition from the IGAD Climate Prediction and Applications Centre (ICPAC) East African Climate Action Awards. The telco was recognised for having a strategic approach towards managing its environmental impacts. The awards shine a spotlight on people and organizations with groundbreaking innovations and ideas to mitigate the effects of climate change. […]
FILE PHOTO: A general view shows customers and employees inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi NAIROBI (Reuters) – Airtel Africa expects a boost from growing demand for mobile broadband and phone-based financial services, its chief executive said on […]
Airtel Kenya has accused the Communications Authority of Kenya (CA) of ignoring market dominance of rival Safaricom, Business Daily reported. In a petition to Parliament, Airtel has also blamed the regulator for skewed allocation of mobile spectrum in favour of Safaricom and failure to reduce the fees that mobile phone operators charge each other for […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.