The company’s CEO, Frehiwot Tamiru (pictured, in red), introduced the fixed broadband internet service at one of its rebranded service centres. The move anticipates the launch of the Vodafone group’s Safaricom Ethiopia, expected on 9 April . Ethio Telecom said: “The 4G home wireless broadband internet service uses the existing GSM/4G LTE mobile network as […]
Connected Summit is back. The thought leadership forum which was first held in 2009 brings together industry players from the private sector, public sector and academia. The summit is hosted by the ICT Authority in collaboration with key players in the sector. The summit will be held from Sunday 10th April to Thursday 14th April […]
Safaricom PLC CEO Peter Ndegwa. PHOTO | JEFF ANGOTE | NMG The Communications Authority of Kenya (CA), Huawei and Safaricom have partnered with Swahilipot to offer university students cybersecurity training. This comes at a time when small businesses, financial institutions, State agencies, healthcare, energy and utilities are facing mounting cyber-attacks on the adoption of e-commerce […]
The families of Jomo Kenyatta, former Central Bank of Kenya Governor Philip Ndegwa and Equity Group chief executive James Mwangi will pocket Sh1.62 billion in the wake of record banking profits that have delivered outsize shareholder payouts. The Kenyattas lead the pack with a payout of Sh652.5 million from their 13.2 percent stake in NCBA […]
Telecommunications firm Airtel Africa has stopped investing in tower infrastructure in Kenya and other markets in the continent, with the company intending to sell most of its existing assets. The company’s strategy of reducing ownership of infrastructure in favour of leasing has been disclosed by the International Finance Corporation (IFC) which is funding the multinational […]
An attendant makes an M-Pesa transaction for a customer. PHOTO | JOSEPH KANYI | NMG Safaricom’s M-Pesa retains a competitive advantage over the proposed Central Bank Digital Currency (CBDC) due to the wide reach of its agent network and ability to operate on feature phones, analysts say. The proposed Central Bank of Kenya (CBK) digital […]
An MTN stand at an expo. PHOTO | FILE | NMG Audited financial statements show the South Africa-based telco’s profit after tax declined by 13.17 percent to $1.12 billion from $1.29 billion in 2020. The value of mobile money transactions rose by 56.8 percent to $239.4 billion while the number of transactions increased by 41.1 […]
Arimis milking jelly on shelves in a supermarket. A survey has revealed brands that Women in Kenya value and love most. Among the top 30 brands named, Kenyan women indicated that they valued milking jelly brand Arimis and second-hand clothes popularly known as mtumba . Other most loved brands include Safaricom, M – Pesa, Equity […]
Safaricom’s signage at the I&M Building on Muindi Mbingu Street in Nairobi. Picture taken on January 29, 2022. The National Treasury says it will soon make proposals to cut M-Pesa charges on the back of increased debate over the pricing of the service. Treasury Cabinet Secretary Ukur Yatani said in a presentation before the Senate, […]
Hi Quartz Africa members! Africa has some of the most expensive electricity in the world, and more than half of the continent’s population doesn’t even have access to it. These include those who are either too poor to afford power, or live in remote places without last-mile connectivity. Scarce resources mean governments struggle to prioritize […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.
We would like to show you notifications for the latest news and updates.