Nai robi, Kenya , March 3 – Safaricom (NSE: SCOM ) has won a prestigious Global Mobile Award (GLOMO) for the M-PESA Super App at the ongoing Mobile World Congress in Barcelona. The Super App won under the category for “Best Mobile Innovation for Connected Living” edging out other nominations from across the globe. The […]
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Intelsat to Expand Safaricom’s LTE Coverage in Kenya
Intelsat to Expand Safaricom’s LTE Coverage in Kenya. Photo: Intelsat Kenyan mobile operator Safaricom has signed a multi-year contract with Intelsat to modernize its network and expand LTE coverage across the country. Intelsat will provide Safaricom with both cellular backhaul over satellite and enterprise connectivity services, the companies announced March 10. Much of Kenya’s population, […]
Ethiopia postpones sale of stake in Ethio Telecom
A woman walks past an Ethio Telecom office in Ethiopia’s capital, Addis Ababa, File. REUTERS/Tiksa Negeri ADDIS ABABA, March 18 (Reuters) – Ethiopia said on Friday it had decided to postpone the planned partial privatisation of state-owned telecoms firm Ethio Telecom because of the prevailing economic environment domestically and globally. The government had launched a […]
Firms to offer services on M-Pesa App
Safaricom CEO Peter Ndegwa [Courtesy] Safaricom has launched partnerships with Little and Makao that will enable M-Pesa customers access services from the two firms within the M-Pesa Super App. Customers can access both the Little and Makao M-Pesa Mini Apps under the “Discover” option on the Super App. “For 15 years, M-Pesa has connected millions […]
Kenya: Safaricom, M-PESA Top in Brands Most Loved By Women
(file photo). Nairobi — Safaricom and M-PESA emerged as the top two brands most loved by women in the latest ranking of the Top Most loved Brands by Women in Kenya. The survey that was carried out by market research firm IPSOS and Branding advisory consultancy BSD Group noted that Airtel as the third brand […]
Kenya mulls cutting Safaricom mobile money tariffs
The Kenyan government is working to cut tariffs on M-Pesa as citizens become more dependent on mobile money platforms, a move that could dent Safaricom revenues. Treasury Cabinet Secretary Ukur Yatani told the Kenyan senate there is a growing need to make M-Pesa affordable, as mobile money becomes more entrenched in the lives of everyday […]
Safaricom fights Skiza tunes revenue sharing legislation
Safaricom Signage at the I&M Building along Muindi Mbingu Street, Nairobi. Safaricom is fighting a legislative proposal that sets minimum earnings from ring-back tunes such as Skiza. In a memorandum to Parliament, the mobile service provider has criticised clauses in the Copyright Amendment Bill, 2021 that fixes earnings telecom companies make from ring-back tunes at […]
Ruto is the one using public funds to campaign, Raila says
Odinga while campaign in Shinyalu, Kakamega in his day three tour in Western Kenya stated that Ruto should shun hypocrisy. /COURTESY NAIROBI, Kenya, Mar 27 – Orange Democratic Movement (ODM) Leader Raila Odinga has pointed an accusing finger at Deputy President William Ruto for using public funds to campaign across the country. Odinga while campaign […]
Kenya: Safaricom Rolls Out Tech Solutions for Enterprises
Nairobi — Safaricom has rolled out a campaign to position tech solutions for enterprise and public sector customers. The company seeks to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions in the areas of digital business through cloud computing, cyber security, and the internet of things (IoT)underpinned […]
Here are the top five most valuable companies in Sub Saharan Africa by market capitalization
aliko-dangote MTN Group’s market capitalisation as of February 2022 was estimated at $24billion, making it the highest prized brand in Sub Saharan Africa. Safaricom ranked second on the top 30 companies list with a market capitalisation of $13 billion, making it the most valuable brand in East Africa. The market cap of the Top 30 […]