Safaricom receives approval to launch new investment scheme
This move is part of a broader strategy to expand its financial services outfit and foster greater financial inclusion across the country.
This move is part of a broader strategy to expand its financial services outfit and foster greater financial inclusion across the country.
Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
The telecom giant reported this milestone with its half-year results, marking rapid growth in one of Africa’s biggest telecom markets.
East Africa's telecom giant, Safaricom, sees revenue growth but faces profitability hurdles.
This marks a 19.4 percent decline from last year's earnings of $2.42 million, primarily due to a 31.7 percent drop in the value of share-based awards.
Kenya’s largest telecom operator reports significant job creation and social impact.
Safaricom is lobbying for its fiber optic network to be designated as critical infrastructure under Kenya’s 2024 bill, aiming to save 500 million shillings annually by reducing damages and service disruptions.
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
Ndegwa launches Safaricom's Sh1 airtime purchase option via M-Pesa, aiming to attract low-budget consumers and drive revenue growth.
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
The Ethiopian unit will have its own CEO, senior executives and management team.
The money is part of a $139.25-million payment for installing security and surveillance systems.