Lipa na Mpesa The mobile money war in Kenya is not a new thing: the space has for a long time been cannibalized by M-PESA, which started the service back in 2007. Over the years, it has amassed millions of numbers, with more than 34 million Kenyans having an M-PESA account. M-PESA has also grown […]
Tag: XNAI_SCOM
Ethiopia to drop restrictions on KCB, Equity Bank
Ethiopia on Tuesday announced plans to ease restrictions on foreign banks making investments in the country, opening the door for Kenyan lenders to set up operations in the populous nation. Ethiopian Prime Minister Abiy Ahmed said the country would open up its banking industry to foreign competition as soon as parliament passes policies permitting it. […]
Safaricom Is Offering Discounts For Select Home Fibre Customers
Safaricom Home Fibre Router We have our many shares of reservations about home internet in Kenya, but nothing comes close to the offerings of Safaricom Home Fibre. The product, which is now the leading service of its kind ahead of Zuku and JTL, has been lauded for its reliability and customer service, but it used […]
Deals To Look Out For: How To Get 100% Bonus Safaricom Data
Another day, another deal is in the works. Safaricom yesterday unveiled a new data campaign dubbed Nyakua Data Dabo Dabo. It will see customers enjoy 100% Safaricom bonus data deals upon attaining their daily data targets. Safaricom Deals: 100% Data Bonus In a statement yesterday , Safaricom noted the campaign, is a build on the […]
M-Pesa deal values rise further in third quarter
Safaricom (NSE:SCOM) registered further growth in M-Pesa transaction values in the quarter ended December, lifting revenue of the telco which now makes most of its sales from the financial service. The performance of M-Pesa in the review period was disclosed by Safaricom’s parent company Vodacom Group. “Our M-Pesa platform, including Safaricom, continues to scale at […]
Airtel Kenya agrees to pay $17.6mln to get its telecom license back
(Ecofin Agency) – The legal battle that has pitted Kenya’s telecom regulator against Airtel for the past seven years is being resolved. Both parties have reached an amicable settlement. Airtel Kenya has agreed to pay the $17.6 million demanded by the Communications Authority of Kenya (CA) to renew the company’s telecom license. When its license […]
COFEK pushes for a supplementary budget amid rising food prices outcry
NAIROBI, Kenya, Feb 22 -The Consumers Federation of Kenya (COFEK) is pushing for the approval of an urgent supplementary budget which will be applied on zero-rating key foodstuffs amid growing public outcry over rising food prices in the country. Kenyans over the past few days have protested the rise in the cost of food, healthcare, […]
Ethiopia’s Abiy tells banking sector to get ready for foreign competitors
Ethiopia’s Prime Minister Abiy Ahmed waits for the arrival of European Commission President Ursula von der Leyen before their meeting in Addis Ababa, Ethiopia December 7, 2019. REUTERS/Tiksa Negeri/File Photo ADDIS ABABA, Feb 22 (Reuters) – Ethiopia plans to open up its banking industry to foreign competition as soon as parliament passes policies permitting it, […]
Posta in trouble keeping Sh168mn collected for business registration services
Parliament has summoned Postmaster-General Dan Kagwe over the non-remittance of Sh168 million that was collected on behalf of the Business Registration Service. The National Assembly’s Public Accounts Committee (PAC) said Mr Kagwe should explain the whereabouts of 168,776,500 indicated as held by Huduma Centre. The amount relates to prior years revenue collections not remitted and […]
Safaricom pilots smart vehicle tracking system
Safaricom sponsored Raaji Bharji and his navigator Tauseef Khan receive their award from classic rally clerk of the course Raju Chager during the awarding ceremony of the East African Safari classic Rally/COURTESY NAIROBI, Kenya Feb 21-Safaricom successfully conducted a pilot of their IoT powered smart vehicle tracking system during the 10th edition of East African […]