Ethio Telecom failed to reach its revenue target in the last half-year before it faces competition from Safaricom. The company achieved only 86.4% of its target in the last half of 2021, though that was 6.7% up on the same period of 2020, Ethio Telecom said. The actual revenue was 28 billion birr (US$565 million), […]
Safaricom, the new operator in Ethiopia, is gearing up for its launch in competition with Ethio Telecom by asking for partners in areas from network equipment to content. The company, a joint venture of Safaricom Kenya, Vodacom, Sumitomo and the UK government’s CDC funding group, wants bidders to submit proposals over the next few weeks. […]
Safaricom , one of the leading mobile telephone network providers in Kenya, is reportedly asking users to visit the nearest Safaricom shop or any partner agency with their IDs to update their SIM details in a process that will also require submitting face biometrics. Dickson Otieno , editor of news portal Tech-ish and a Safaricom […]
Telkom Kenya has revealed that it pays over half of its revenues to Safaricom #ticker:SCOM and rival operators as costs for handling its calls, condemning the firm to a loss-making territory. The firm says it has been unable to compete due to the current mobile termination rates (MTR) and fixed voice termination rates (FTRs) — […]
The world is rapidly evolving as concerns grow over data privacy. Over 40 years ago, it was a status symbol to have a fixed-line phone or your name and number published in a telephone directory. Today, it is more about privacy. If someone calls on your mobile, you will ask how he or she got […]
Nairobi — AstraZeneca pharmaceutical company has been named the top employer in Kenya under the pharmaceuticals category by the Top Employers institute alongside Novartis, a world leader in the research and development of products. The firm which is certified in fourteen countries is a British-Swedish multinational pharmaceutical and biotechnology company whose prominence rose with the […]
Ashley Awuor tees off on the 14th hole at Royal Nairobi Golf Club during Kenya Ladies Golf Union Chairman (Sarah Hoare) Prize 2022, January 29, 2022. With a sterling score of 73 gross points, Ashley Awuor claimed the Kenya Ladies Golf Union (KLGU) Chairman (Sarah Hoare) prize at Royal Nairobi Golf Club, over the weekend. […]
Nairobi — The National Social Security Fund (NSSF) members can now access pension services through the NSSF Mini App on the M-Pesa Super App. Following a NEW partnership with Safaricom, customers can register for NSSF membership, keep track of their contributions, top-up and manage their NSSF account, and make Tenant Purchase Scheme (TPS) payments through […]
Equity Centre1 Large Equity has announced that its USSD service (*247#) – which offers its customers a seamless banking experience – can now be accessed across Safaricom, Airtel, Telkom and Equitel. The service, the bank explains, has been enhanced to offer simpler customer journeys. Here are some of the new features on the *247# platform: […]
Data from operator Safaricom reveals that millions of Kenyans are using its overdraft facility, Fuliza. Introduced back in 2019, the facility has grown substantially and is now part and parcel of the carrier’s leading moneymakers. Fuliza is owned by the operator alongside NCBA and KCB, and part of its success can be traced to the […]
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.