A man using a mobile phone [Photo/Courtesy] Safaricom is the leading internet provider in Kenya with more subscriptions in both fixed internet and mobile internet packages than other industry players. Data from the Communications Authority of Kenya (CA) showed an increase in the total number of active internet subscriptions at 46.7 million in the fourth […]
28 Safaricom employees lost their jobs in the year ended March 2021 for engaging in fraud-related offenses. The 28 were found guilty following investigations into 36 cases of alleged fraud at the country’s largest telecommunications company. Safaricom also issued a warning to 19 other employees and referred one of the cases to government agencies for […]
Safaricom has reported a 75 per cent rise in the number of staff dismissed over fraud following the dismissal of 28 staff over such offences in the year ending March. According to the 10th Sustainable Business Report, the firm also issued 19 warnings to its employees similarly to last year when an additional 16 staff […]
The Fuliza overdraft service transacts more than Sh1.2 billion daily. Safaricom’s mobile overdraft service Fuliza now rakes in more revenue for the telco than its mobile lending service M-Shwari, less than three years after Fuliza’s launch. Data from the company’s latest Sustainable Business Report indicates that Kenyans borrowed Sh351 billion from the firm’s mobile overdraft […]
Safaricom’s latest sustainable business report has indicated that the company created a total value of Ksh. 664 billion for the Kenyan society in its last financial year. This amount is ten times higher than the profit made during the year. According to the report’s True Earnings highlights, the firm contributed Ksh. 557.1 billion to the […]
The pandemic has been around since early 2020. Kenya went into lockdown in March of the same year. Many things have since changed: some companies have since made their operations virtual, and online learning, for students who can access the necessary tools, is now a thing. Sometime in 2020, President Kenyatta approved the mass roll-out […]
Head of Sustainable Business and Social Impact, Safaricom PLC, Karen Basiye sharing the overview of the 2021 Sustainable Business Report during its launch at MJC. Telecommunications company, Safaricom PLC, has released its latest sustainable report indicating that the company created a total value of KES 664 Billion for the Kenyan society in the last financial […]
CA Kenya New data regarding sector statistics from ICT watchdog the Communications Authority of Kenya (CA) has arrived. The information has been reviewed for the third quarter of the 2020/2021 FY, which started from April 2021 to June 2021. There are several elements that have been discussed in the report, but first, let’s look into […]
Safaricom CEO Peter Ndegwa. PHOTO | POOL Safaricom is eyeing billions of shillings in annual revenues from installing smart metering systems for public water companies to help them cut leakages and theft. The State-controlled utility firms suffer from annual system losses, with an average of 47 percent of the water put into their distribution network […]
Ministry of Information, Communications, and Technology (ICT) Cabinet Secretary Joe Mucheru, Safaricom CEO Peter Ndegwa, and Communications Authority of Kenya acting Director-General Mercy Wanjau Addis Ababa, September 23, 2021(Walta) – Safaricom will increase its fifth-generation (5G) sites to 200 by the end of the year and commercialize the super-fast services in 2022. The leading telco, […]
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