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.
Safaricom
Safaricom suspends advertising on Nation Media Group platforms amid critical coverage
Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
Safaricom reaches 52 million subscribers in Ethiopia
The telecom giant reported this milestone with its half-year results, marking rapid growth in one of Africa’s biggest telecom markets.
Safaricom reports mixed results for H1 2025, faces challenges in Ethiopia, Kenya
East Africa's telecom giant, Safaricom, sees revenue growth but faces profitability hurdles.
Safaricom's CEO Peter Ndegwa earns $1.95 million in 2024 salary
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.
Safaricom contributes $7.6 billion to Kenyan economy
Kenya’s largest telecom operator reports significant job creation and social impact.
Safaricom expands M-PESA platform to Ethiopia, boosting regional financial inclusion
The move aims to strengthen regional financial inclusion and boost economic activity across borders.
Safaricom seeks 'critical infrastructure' status for fiber network to save 500 million shillings annually
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.
Kenyan tycoon Peter Ndegwa-led Safaricom secures second $116-million sustainability-linked loan
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
Kenyan telecom tycoon Peter Ndegwa launches new Safaricom airtime plan to lift revenue
Ndegwa launches Safaricom's Sh1 airtime purchase option via M-Pesa, aiming to attract low-budget consumers and drive revenue growth.
Kenyan tycoon John Kimani acquires 8.64 million shares in East Africa’s largest telecom firm
The businessman’s increased stake further solidifies his position as one of the leading investors on the Nairobi Securities Exchange.
Kenyan exec Peter Ndegwa earns $2.1-million salary from Safaricom in 2023
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
CEO Peter Ndegwa to deploy Kenyan staff to help boost Safaricom’s Ethiopia operations
The Ethiopian unit will have its own CEO, senior executives and management team.
Safaricom, MTN Group bid for licenses in Africa’s second-most populous country, Ethiopia
The bureaucratic bidding process seems to finally be nearing an end.
Huawei teams up with Safaricom to offer innovative solutions for restaurants
The Scan & Order solution will help digitize menus and ordering systems.
Safaricom free to launch M-Pesa as Ethiopia withdraws state monopoly
Foreign telecom companies will soon be able to launch mobile phone-based financial services.