Telecommunication firms Safaricom #ticker:SCOM and Airtel are among the most loved brands by women in Kenya, a new survey shows. The survey by IPSOS, which interviewed 13 million women from across the country, places Safaricom’s M-Pesa at number two indicating how the money transfer platform has become entrenched in the country. The study placed Equity […]
Tag: XNAI_SCOM
Kenyan retail-based tech startup Cartnshop raises $400k to boost commercialisation
Cartnshop has raised $400,000 funding to push the commercialisation of its product which enables African SMEs to set up online stores quickly and affordably. Most small business owners in Africa struggle with attracting customers to their business. This contributes to why most small businesses rarely survive the first five years of their operation. Cartnshop , […]
Firm takes on telco giants with cheaper internet calls
Elias Mwangi, CEO, Elige Communications Limited, at his Westlands office on March 11, 2022. PHOTO | DIANA NGILA | NMG Two long-time friends who had travelled out of the country had difficulty calling each other and their families back home due to exorbitant roaming charges. Out of their frustration came an alternative telephone service that […]
Banking fraud fears, poor network keep card payments low
Customer fears over fraud and poor network connectivity have hindered the use of bank cards for merchant transactions in Kenya, the Central Bank of Kenya (CBK) has said. The monetary regulator said in its national payments strategy released last month that the cost of terminals and lower acceptance by merchants as opposed to cash and […]
Safaricom could separate M-Pesa from its mobile and data business
Central Bank of Kenya Governor Patrick Njoroge . [David Gichuru,Standard] This content is exclusively available to standardmedia.co.ke subscribers. JUST KSh.10 /day Enjoy TRUE. TRANSPARENT. IMPACTFUL. The value of quality journalism When you subscribe to standardmedia.co.ke, you get: – Unlimited access to all premium content. – Access to The Standard e-paper (Web & Android). – Free […]
Kenyans encouraged to embrace new technological innovations
KNA1 March 16, 2022 Counties, Historic Photos, Nairobi, Technology 0 The government is working with innovation hubs to lower entry barriers for ICT entrepreneurs and help scale their business in the country and beyond. ICT, Innovation and Youth Affairs Cabinet Secretary Joe Mucheru said the delivery of digital transformation will involve all players in the […]
Can Africa make the medicines it needs? [Business Africa]
Business Africa presenter interviews Lenias Hwenda, the CEO of Medicines for Africa – Copyright © africanews Cleared The COVID-19 pandemic has exposed Africa’s vulnerabilities in ensuring access to vital drugs, vaccines, and health technologies. The continent imports nearly 95% of all medicines it uses. Only 3% of global medicine manufacturing is done in Africa. But […]
Safaricom rewards users hourly with 15% cashback to celebrate M-pesa
For every hour, Safaricom will be rewarding 15 M-Pesa and Business App users with a 15 per cent cashback. This is to celebrate 15 years since M-Pesa services were launched. "M-Pesa is turning 15 years and we cannot keep calm! That is 15 years of Mpesa that you have made it happen!" Safaricom said. Safaricom […]
Samsung hosts inaugural device experience partner summit
Samsung Electronics East Africa hosted its inaugural strategic partner summit at Villa Rosa Kempinski Hotel. The event was attended by key Samsung distributors and dealers from all over Kenya. The main objective of the summit was to bring together the key stakeholders to further emphasize the strengthening of links with Samsung to ensure the best […]
Safaricom mulls making M-Pesa a subsidiary
Safaricom is considering spinning off its M-Pesa mobile money division into a full subsidiary, in what seems to be a push to align with more traditional banking institutions. Chairman Michael Joseph said there is no timetable for the potential move as the move is in the “early stages of thinking only”, he told Reuters. Governor […]