Safaricom has announced an increase in Skiza revenue share for artists and content creators in a move that is set to benefit more than 20,000 of them. The increased earnings will come as a boost to many artists and content creators in the country whose incomes have been hard hit by the effects of the […]
Safaricom Sacco Chairman Paul Masava, ICT PS Jerome Ochieng and Safaricom Chief Corporate Affairs Stephen Chege cut the cake to mark the 20th Safaricom Sacco Ltd anniversary .[Elvis Ogina,Standard] Mobile service provider Safaricom reaped Sh2.3 billion in tax benefits, following the move by the National Treasury to introduce tax incentives for corporates to help them […]
Safaricom house. FILE Safaricom on Monday announced an increase in Skiza revenue share for artists and content creators by 33 per cent. Following the move, more than 20,000 artists and content-creators are set to benefit from increased earnings of 40 percent from all their tunes on the platform. “Our decision to increase artist and content-creators […]
Safaricom shareholders advanced the company’s plan to enter Ethiopia by ratifying the business established to manage what will be the nation’s first privately-run mobile operator. At Safaricom’s AGM on 30 July, shareholders approved the creation of Safaricom Telecommunications Ethiopia from earlier last month. The operator explained in a statement the clearance brings the launch of […]
Safaricom shareholders today gave their nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company that will begin operation in Ethiopia by next year. Safaricom Telecommunications Ethiopia PLC was set up early this month after the consortium led by Safaricom was awarded licence to operate telecommunication services in Ethiopia. The […]
Safaricom shareholders have approved the telco’s proposal to set up its Ethiopian subsidiary–Safaricom Telecommunications Ethiopia Plc–that is expected to start operations next year. The subsidiary was set up early July after the consortium–The Global Partnership for Ethiopia–led by the Kenyan-based mobile phone operator was awarded the permit to operate telecommunication services in Africa’s second most […]
A mobile phone user makes an M-Pesa transaction. FILE PHOTO | NMG Ethiopia has cleared the way for Safaricom to introduce its popular M-Pesa in the market of 110 million people after deciding to include the mobile phone-based financial services in the telco’s licence offered in May. Ethiopian authorities told Business Daily Thursday that the […]
Dilip Pal, Safaricom PLC CFO (L), Kathryne Maundu Company Secretary and Peter Ndegwa, Safaricom PLC CEO during the firm’s 13th Annual General Meeting held on July 30, 2021. Leading telecoms provider Safaricom saw its share price set yet another new high at the close of trading on Monday. This on the back of news that […]
Equity Group’s #ticker:EQTY financial technology subsidiary has upgraded to a high-speed Internet connection network in the battle for a larger share of the fast-growing mobile data business dominated by Safaricom #ticker#SCOM. Finserve Ltd, which offers mobile telephony and Internet banking services on the Equitel platform, has rolled out 4G network broadband in a Covid economy […]
Safaricom headquarters on Nairobi’s Waiyaki Way. PHOTO | DIANA NGILA Safaricom’s share price hit a new record Thursday, earning investors Sh78.13 billion in a week and lifting the Nairobi Securities Exchange (NSE) to a 39-month high. The stock closed at a volume-weighted average of Sh43 on the Nairobi bourse Thursday compared to Sh41.05 on Tuesday […]
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