Kenya Electrical Trades & Allied Workers’ Union (KETAWU) officials address a news conference on September 14, 2021 PHOTO | CITIZEN DIGITAL The employees of utility firm Kenya Power want its board disbanded over the alleged hijacking of the company affairs. The workers represented by the Kenya Electrical Trades & Allied Workers’ Union (KETAWU) have further […]
Tag: safaricom
Safaricom : Braces for Launch in Ethiopia
SAFARICOM Telecommunications Ethiopia plans to invest US$8,5 billion over ten years to steer digitalisation in the East African country. It is gearing up for commercial launch and has announced a countrywide staff recruitment drive. As part of the ongoing recruitment process, the company officially introduced 11 confirmed members of its Executive Committee. By June next […]
Ethiopia: Safaricom Ethiopia to Go Operational in 2022
Safaricom Ethiopia PLC will start operating in 2022 as per the business license agreement, said Ministry of Finance. Discussing the progress and the next steps with regard to Safaricom Ethiopia PLC investments in Ethiopia, Peter Ndegwa,Safaricom PLCChief Executive Officer said that his company is committed to operate as per the license for commercial launch in […]
Safaricom to surrender Millions in Unclaimed M-Pesa Money
Safaricom Half Year Results 2020 The Nation is reporting that over KES 200 Million unclaimed M-Pesa cash is lying with Safaricom, and is set to be surrendered to UFAA (Unclaimed Financial Assets Authority) following the expiry of a deadline earlier set. According to the article, starting June, Safaricom has been on a campaign to encourage […]
Only 12 listed firms on Kenya’s NSE have investor relations officers
Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]
Safaricom, NCBP in deal to boost farmers’ access to information
The National Cereals and Produce Board has entered into a memorandum of understanding (MoU) with Safaricom’s DigiFarm Kenya Limited to enable small-scale farmers access information through the telco’s platform. NCPB will offer post-harvest management services through the DigiFarm platform to farmers connected to the app, enabling them to access the board’s services at prevailing rates. […]
New deals will help fuel the African boom in mobile banking
MTN’s new deal with payments technology firm Flutterwave is set to deliver cash to the mobile wallets of more Africans via MTN Mobile Money (MoMo), with planned expansion in Cameroon, Ivory Coast, Rwanda, Uganda and Zambia. This digital move is primed to plug millions of unbanked people in those countries into mainstream financial services and […]
Safaricom offers $288 mln smart metre system to cut Kenya Power losses
By Duncan Miriri 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 […]
Safaricom confirms $300 mln Kenya Power smart meter proposal
NAIROBI : 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 firm said in a statement it was now waiting for feedback from the state utility, adding that […]
Only 12 listed firms on NSE have investor relations officers
An electronic board displaying market data. The investor relations department’s role revolves around how a company communicates with investors, shareholders, government authorities, and the financial community. PHOTO | FILE | NMG Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that […]