Addis Ababa, Ethiopia – 3rd September 2021 – Safaricom Telecommunications Ethiopia PLC Friday launched a countrywide staff recruitment drive as it gears up towards the commercial launch. Anwar Soussa, Managing Director of Safaricom Ethiopia noted that the company had commenced recruitment of Ethiopian nationals for technology, commercial and corporate functions in various capacities ranging from […]
Tag: safaricom
Kenya: Safaricom to Surrender Unclaimed M-Pesa Cash
A woman withdraws money from an M-Pesa outlet in Nyeri (file photo). Have you lost your loved one or did you change your number and forgot to withdraw your money from the old M-Pesa line in the switchover? Then you could be among thousands of Kenyans whose cash is about to be transferred to the […]
Fuliza is Probably Safaricom’s Latest Success Story as Kenyans Borrow KES 1.2 Billion Daily
Fuliza M-Pesa Fuliza, the mobile-money overdraft facility by Safaricom has gained quite the traction since its introduction to Mpesa services back in 2019. On the first week of its launch in January of 2019, it disbursed a little over Ksh.1bn , an impressive feat to over 1 million Mpesa users. As of the six months […]
Safaricom Sponsors Kenya & Africa’s First World Athletics Under 20 Championships
Athletes participate in the 2021 World Athletics Under 20 Championships at the Safaricom Stadium Kasarani File Telecommunications giant Safaricom PLC has sponsored the 2021 World Athletics Under 20 Championships that is currently underway in Kenya. The games which commenced on August 18 will end on Sunday, August 22. Safaricom is one of Kenya’s largest supporters […]
Users encounter challenges with new Absa virtual lending app
Timiza product is Absa bank’s virtual banking strategy to extend its growth and services to the mobile space/FILE NAIROBI, Kenya, Sep 5 – Absa bank has been under pressure in the past few weeks from a section of its clients over its mobile banking platform dubbed Timiza. The app currently serves over five million customers […]
Foreign investors buy Ksh.1.7 billion NSE stocks in August
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL Foreign investors propped up the rebounding performance of the Nairobi Securities Exchange (NSE) by buying stocks worth Ksh.1.7 billion last month. According to data from Cytonn Research, this represented the second straight month of positive flows into the market after a narrow Ksh.154 […]
Ethiopia: Safaricom Braces for Launch in Ethiopia
Addis Ababa — 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. […]
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 […]
Mabati Rolling Mills commits to empower students through Eneza Education
Mabati Rolling Mills (MRM) has rolled-out a project to help disadvantaged students in informal settlements improve their academic performance through the Eneza Education platform . The steel solutions provider has committed to link up 40 students from Kibera Slums to Eneza Education, an interactive SMS based platform that allows primary and secondary school learners access […]
AM Weekly Market Commentary – September 3, 2021
The sentiment was relatively bearish on African equity markets this week. Among the 17 markets we cover, ten retreated while seven advanced. The Lusaka Stock Exchange led the pack as Zambian equities gained 3.35%. Conversely, the Nairobi Securities Exchange was the laggard. Kenyan equities dropped 4.13% this week, the most on the continent. West Africa […]