A collage of former Taita Taveta Woman Rep Joyce Lay and her husband William Lay (left) and Ruth Konchella and her husband Michael Rannerberger. Kenyans.co.ke It is often the case that Kenyans tend to complain about their country more than they count the many blessings that make it a beautiful land. For some visitors, however, […]
Tag: XNAI_SCOM
Ethiopia to open up for Safaricom’s M-Pesa platform
The Ethiopian government has switched up a national payment law to pave the way for Safaricom to launch its popular M-Pesa mobile money platform in the country. The East African reported, Ethiopia’s central bank has drafted a bill that enables foreign companies to launch mobile money services, a move that benefits Safaricom which recently became […]
Safaricom ranks best company to work for in Kenya
Safaricom #ticker:SCOM took the top spot of the best 25 companies to work for in Kenya in the just-released LinkedIn 2022 Top Companies Ranking. Linkedin unveiled its 2022 top companies list that ranks the 25 best workplaces for professionals to grow their careers. The 25 companies were ranked using Linkedin company data and ratings based […]
Safaricom loses bid to bar Canada telco from its network
Safaricom PLC headquarters in Westlands, Nairobi. PHOTO | DENNIS ONSONGO | NMG Safaricom has lost its bid to stop a Canadian-owned telecoms firm from offering internet-based calls through its network. This is after the Communications and Multimedia Appeals Tribunal struck out a case where Safaricom sought to terminate a contract it signed with Iristel Kenya […]
Travellers lose Sh4bn in expired KQ tickets
Kenya Airways’ #ticker:KQ customers lost Sh4.48 billion last year after they failed to show up for their flights, leaving them with expired tickets. The value of the expired tickets have been disclosed in the airline’s latest annual report. KQ, as the carrier is known by its international code, books revenue from ticket sales whether customers […]
KPC Ventures into Internet Market With Launch of Fibre Optic Cable
Photo courtesy The Kenya Pipeline Company (KPC) has launched a fibre optic cable to run alongside its soil pipeline from Mombasa to Nairobi to Eldoret and Kisumu through Nakuru. The project which is expected to diversify the company’s revenues involves a single-mode fibre (SMF) product that was initiated in 2018 under a tier 2 network […]
Kenya: NSE Mourns Kibaki Noting His Substantial Support to the Exchange
Nairobi — The Nairobi Securities Exchange(NSE) has sent its heartfelt condolences to the friends and family of Mwai Kibaki, who served as Kenya’s third president from December 2002 to April 2013. The NSE Board Chair Kiprono Kittony noted that Kibaki’s contributions as Minister of Finance, Vice President and thereafter President, saw the steady growth of […]
Ethiopia starts law change process for M-Pesa expansion
A client using mobile money service M-Pesa. Ethiopia’s central bank has drafted a Bill that will allow foreign investors to offer mobile money services, boosting firms such as Safaricom that are seeking to start operations in the country this year. PHOTO | FILE | NMG A consortium led by Safaricom last year secured the first […]
State’s dividend earnings from listed companies fall by Sh27b
An employee makes notes in front of an electronic stock information screen inside the Nairobi Securities Exchange Ltd. (NSE), in Nairobi, Kenya, on Tuesday, December 8, 2015. [Riccardo Gangale, Bloomberg] The government’s income from profits and dividends in listed companies fell to Sh45 billion in the 2020/2021 financial year , a 37 per cent drop […]
Safaricom reaches agreement with Ethio Telecom to share towers and other telecom assets in Ethiopia
Business Insider Africa understands that the deal is yet to be finalised. No mention was made about the financial consideration for the deal. Safaricom is expected to launch its Ethiopian operation any moment from now. Safaricom Ethiopia, the recently-incorporated subsidiary of Kenyan telecom giant Safaricom Plc, said it has reached an agreement in principle with […]