Economic recovery began with easing of Covid containment measures and gradual resumption of business in the past year. PHOTO | FILE | NMG Market analysts expect rising political temperatures ahead of the August general election, rising fuel prices, lower agricultural output due to potential adverse weather and the desert locust infestation in the northern parts […]
Tag: safaricom
M-pressive M-Pesa celebrates its 15th birthday
First launched in Kenya, the mobile payments service has transformed banking across much of Africa It now has 51 million users in eight African nations plus Afghanistan Economic and social impact has been immense Service continuing to expand and evolve — M-Pesa is now a full services financial provider Sunday 6 March marked the 15th […]
SAFARICOM : WINS 2 AWARDS AT PRESTIGIOUS MOBILE WORLD CONGRESS
Safaricom Edges Out Global Mobile Operators To Scoop Awards for M-PESA Super App and Blaze DigiTruck Nairobi, Kenya – 3 rd March 2022… Safaricom (NSE: SCOM ) has won a prestigious Global Mobile Award (GLOMO) for the M-PESA Super App at the ongoing Mobile World Congress in Barcelona. The Super App won under the category […]
MTN Uganda reports 6.6% rise in 2021 pre-tax profit
Representative Image Image Credit: Twitter (@mtnug) MTN Uganda reported on Monday a 6.6% jump in pre-tax profit for 2021, compared with the previous period, helped by higher data sales and faster uptake of its fintech services. The company said it earned 490.9 billion Ugandan shillings ($136.93 million) in 2021. MTN Uganda attributed the profit growth […]
Safaricom to reward customers as M-Pesa celebrates 15 years
M-Pesa is celebrating 15 years since Safaricom and Vodafone launched the service in Kenya in March 2007. The platform has now expanded to more countries across Africa including Tanzania, Mozambique, the DRC, Lesotho, Egypt, and Ghana. Safaricom says M-Pesa currently serves more than 51 Million customers, close to half a million businesses, with over 600,000 […]
Kenya Power wants to diversify by selling high speed internet; can it compete effectively with Safaricom, Wananchi, others?
Kenya Power wants to start selling high speed internet Kenya Power is set to unveil a package that will make it possible for its biggest corporate clients to buy electricity and high speed internet as a bundle. The move will enable the company to further diversify its business model and generate more revenue in the […]
Airtel Kenya also collecting facial data in new re-registration drive
About a month ago, I wrote an article on Safaricom collecting facial data in a re-registration drive they said was in line with the Communication Authority of Kenya’s(CA) guidelines. Well, it now seems Airtel Kenya is also doing the same. However, as you’ll see – unlike Safaricom who specifically mentioned “facial recognition” in their response […]
Congo-Kinshasa: DRC Removes Tax Element From Mobile Device Registry – Is the Tide Turn On Africa’s Growing Number of Mobile and Internet Taxes?
For the longest time, African Governments have seen the communications sector as the ‘golden goose’ for tax revenues. These taxes seemed to sprout up like weeds in every part of the value chain, whether it was social media or mobile money. For the growing population of ‘digital natives’, these financial burdens were the equivalent of […]
SAFARICOM : CUSTOMERS TO ENJOY 100% BONUS DATA IN NEW CAMPAIGN
Campaign dubbed ‘Nyakua Data Dabo Dabo’ aims at enabling prepay and postpay customers to do more with their data Nairobi, Kenya 15 th February 2022 … Safaricom (NSE: SCOM ) has today unveiled a new data campaign dubbed Nyakua Data Dabo Dabo , which will see customers enjoy 100% bonus data upon attaining their daily […]
CBK to Compel Safaricom’s Lipa na M-Pesa to Accept Payment from Rival Telcos
Point of Sale with Lipa Na M-pesa payment platform. [PHOTO/ COURTESY] The Central Bank of Kenya is set to launch a national payment gateway that will compel Safaricom to accept payment from rival firms such as Airtel on its Lipa na M-Pesa feature to enable seamless transactions. The move aims to curtail Safaricom’s dominance in […]