by Harry Baldock , Total Telecom Orange Middle East and Africa is preparing to deploy Ericsson’s Mobile Financial Services solution across fourteen countries As Africa grows increasingly well connected, mobile financial services are proving hugely popular, allowing customers to make transactions quickly and easily without requiring a bank account. In some markets, mobile money platforms […]
Tag: safaricom
SA telcos moving aggressively to add fintech offerings to mobile money base
Image of Engineering News and Mining Weekly cover South Africa’s major telecommunications companies are accelerating their financial technology (fintech) strategies and betting big on Africa’s untapped digital economy potential to bolster dwindling traditional revenues in an ever-evolving digital era. Boasting huge volumes of customers with access to data, and with a risk appetite and the […]
Safaricom confirms $300 million Kenya Power smart meter proposal
FILE PHOTO: A man walks past Safaricom shop, a mobile telecommunication provider in Kenya’s capital Nairobi NAIROBI (Reuters) -Kenyan telecoms operator Safaricom,, said on Friday it had submitted a proposal to Kenya Power for the installation of a $300 million smart meter system at the utility, confirming documents seen by Reuters. The telecoms company said […]
Rally: Standard Group urge corporates to support tenth edition of East African Safari Classic Rally
Safari rally co-driver Laban Cliff Onserio during an interview at home in Nakuru on June 30,2021 Leading Kenyan media house, the Standard Group, has called upon corporates to come on board to support the tenth edition of the East African Safari Classic Rally (EASCR). The gruelling motorsport championship will be held on February 10-18,2022. It […]
Safaricom’s smart grid to help KPLC cut Sh10bn in system losses
Kenya Power prepaid meters in a flat at Karsarani. /FILE Kenya Power will cut over Sh10 billion in system losses if it adopts a smart meter proposal by telco firm, Safaricom. The Smart Grid proposal seen by the Star, the communications firm commits to helping the power utility firm cut system losses by eight per […]
Safaricom confirms $300 mln Kenya Power smart meter proposal
A man walks past a Safaricom shop, a mobile telecommunication provider in Kenya’s capital Nairobi November 15, 2015. REUTERS/Noor Khamis/File Photo NAIROBI, Sept 17 (Reuters) – Kenyan telecoms operator Safaricom, (SCOM.NR) , said on Friday it had submitted a proposal to Kenya Power (KPLC.NR) for the installation of a $300 million smart meter system at […]
Can Safaricom help Kenya Power to improve its performance?
In an interesting reminder of the growing relevance of smart grids and the Internet of Things (IoT) to developing markets, it has been reported that Kenyan operator Safaricom is offering to supply a $288 million smart metre system to the country’s main power utility. Reuters says that Kenya Power suffers from annual power system losses […]
Safaricom offers $288 mln smart meter system to cut Kenya Power losses
Article content NAIROBI — Kenya’s biggest telecoms operator, Safaricom, is in talks with Kenya Power to install a 31.7 billion shillings ($288 million) smart metering system for the utility to slash power losses, documents showed on Thursday. The state-controlled utility, which is the main power distributor in the East African nation, suffers from annual power […]
Sell off Safaricom, KPC to reduce debt burden
Oil tanks at Kenya Pipeline Company headquarters Central Bank of Kenya governor Patrick Njoroge has warned that Kenya must curb its ballooning debt (see P11). Historically, the governor has always expressed confidence that the Kenya shilling is competitively valued and the debt burden is manageable. If he is alarmed, then we should all take note. […]
Deaflympics: Safaricom donates Sh1million to Kenyan team
Mishi Wambiji – Brand Experience Manager Safaricom (right) hands over a dummy cheque to Miriam Opondo-CEO, Africa Deaflympics Ball Games Qualifiers and Tom Ndede- Public Relations Officer, Africa Deaflympics Ball Games Qualifiers. Safaricom has announced Sh1 million support for the Kenyan team representing the country at the ongoing Deaflympics Ball Games Qualifiers. The sponsorship covers […]